One billion tonne coal production would be achieved soon: Prahlad Joshi The minister said the 'Continuous Miner' will add a new chapter in the long history of Churi underground mines with the commencement of mass production technology, having a capacity to produce up to 4000-tonne coal per day.
Coal supply by CIL to power sector drops 7% to 218 MT in April-September The supply of coal to power sector by CIL last month dropped by 21.1 per cent to 28.3 MT, over 35.9 MT in September last fiscal.
Coal India says lost 2.1% of annual output due to strikes at eastern Indian unit 'Owing to an unfavorable socio-political situation and frequent stoppages, Talcher coalfields alone has registered a loss of 13 million tonne in coal production during the current financial year,' Dikken Mehra, a spokesman for Coal India unit Mahanadi Coalfields Ltd (MCL) said.
Coal India sees Dipka mine output at third of average capacity in 10 days 'We are trying to achieve 30,000 tonnes production per day from the upper and middle benches of the mine in ten days,' Binny Dayal, Director (Technical) at Coal India told Reuters.
Complete strike at Coal India, Singareni mines: Trade unions Over half-a-million workers including contract labourers of state-run Coal India and Singareni Collieries observed the strike on Tuesday seeking withdrawal of the central government's move.
Coal India output likely to take hit due to strike on Tuesday Coal India produces around 2 million tonne of coal a day and the state-run miner accounts for over 80 per cent of the country's coal production.
CIL's executive hiring set to jump this fiscal The world's largest coal miner expects roles of executives becoming important with more modern, automated and environment-friendly mining activities, the official said.
Looking for job? IT, finance top providers among listed cos Nearly 0.25 million net jobs were created during 2019 – a three-year high. However, a bulk of these jobs – as high as 0.9 million (40 percent) are temporary (temp) workers
Buy Coal India; target of Rs 264: Motilal Oswal Motilal Oswal is bullish on Coal India has recommended buy rating on the stock with a target price of Rs 264 in its research report dated September 06, 2019.
100% FDI in coal mining | A good first step but more needed to attract global miners, says former CIL chairman Despite having among the largest reserves in the world, India imported 235 MT of coal last fiscal. This gap can be met by investment from international miners, Bhattacharya said
Coal India shares climb over 2% after Cabinet okays 100% FDI in mining Analysts believe the government's move was the need of the hour and will help build an efficient and competitive market, while it may reduce coal imports as well.
Buy Coal India; target of Rs 278: Motilal Oswal Motilal Oswal is bullish on Coal India has recommended buy rating on the stock with a target price of Rs 278 in its research report dated August 13, 2019.
Podcast | Stock picks of the day: A decisive break below 11,000 may drift prices below 10,800 On the higher end, 11,300 will act as a crucial resistance. Going forward, sustained trades above 11,300 may further fuel the rally towards 11,450
A morning walk down Dalal Street | Nifty must hold 11,100 for positive momentum to continue 53 companies will declare their results for June quarter which include names like Bharti Airtel, CEAT, Godrej Consumer, HCC, ICRA, JK Tyre, Marico and Raymond among others.
Protests over worker deaths paralyse production at some Coal India mines The BJP workers have been staging sit-down protests and waving flags at state-run Coal India Ltd’s mines in Odisha, demanding a safety audit of all mines in the region.