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Coal India Ltd.

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The NSE Nifty50 index was trading 61.60 points down at 12108.25.

The Nifty PSE index was trading 2.23 per cent down at 3102.25.

The Nifty Metal index was trading 0.65 per cent down at 2781.8.

BlackRock, the world’s largest money manager with $7 trillion under management, will cut its equity in Coal India Ltd to zero by the middle of the year, becoming the latest in the list of 100 major banks and insurers exiting the thermal coal sector.

The Nifty PSE index was trading 0.03 per cent up at 3203.3 .

The government is reviving five closed fertiliser plants to increase urea production in the country and reduce imports. "We expect our import dependency will be zero with the commissioning of the plants. The projects will nearly obviate the need for import of urea in the country, said Roul.

Reliance Industries was the biggest culprit for Monday’s fall, as it bled 146.67 points.

The Cabinet recently approved promulgation of Mineral Laws (Amendment) Ordinance 2020 to amend Mines and Minerals (Development and Regulation ) Act 1957 and Coal Mines (Special Provisions) Act 2015.

The Central Bureau of Investigation (CBI) on Thursday had registered a case against former officials of the National Co-operative Consumer Federation (NCCF) and others over alleged irregularities in supply of coal to the Andhra Pradesh Power Generation Corporation (APGENCO) in 2010.

The Nifty PSE index was trading 0.7 per cent down at 3225.8.

“Public sector stocks have been beaten down irrationally in the past despite superior balance sheets, just because the government is their owner,” veteran investor Shyam Sekhar rued in a recent interaction with ETMarkets.com.

Jindal Steel and Power Ltd (JSPL) said its coal gasification-based DRI plant at Angul district in Odisha has resumed operation. The plant was not operational for long due to the scarcity of coal.

Jindal Steel and Power Ltd (JSPL) said its coal gasification-based DRI plant at Angul district in Odisha has resumed operation. The plant was not operational for long due to the scarcity of coal.

The talks between billionaire Gautam Adani-led group and Anil Ambani-led Reliance Power are at an early stage, the persons cited earlier told ET.

The talks between billionaire Gautam Adani-led group and Anil Ambani-led Reliance Power are at an early stage, the persons cited earlier told ET.

The 30 shares BSE Sensex was up 147.57 points at 41747.29.

The Nifty Commodities index was trading 0.45 per cent up at 3516.95.

The Nifty Metal index was trading 0.59 per cent up at 2857.6 .

Launching the 'Purvodaya' programme here, Pradhan said the underdeveloped districts in West Bengal, Chhattisgarh, northern Andhra Pradesh, Jharkhand and Odisha have to be taken forward for development of the steel sector. Addressing an event organised by CII, Pradhan, minister of petroleum, natural gas and steel, said the region has rich deposits of coal, iron ore and bauxite.

Competition from an Indian state-run monopoly may stymie PM’s efforts to attract investments.

Coal India will continue to be India's biggest coal supplier even after the government’s decision to throw open the sector to private players through an ordinance, Union Coal and Mines Minister Pralhad Joshi said.

The Nifty Commodities index was trading 1.11 per cent up at 3516.1.

India is trying to increase output as new thermal power plants and steel mills boost demand at home even as the world is turning away from the polluting fuel. Last year, the government allowed 100% foreign direct investment in coal extraction amid surging imports and falling output at Coal India. The move didn’t result in any substantial investment.

“The coal ministry has decided against keeping any entry restrictions based on technical or financial criteria, which means there are not likely to be any net worth requirement for firms. The government will incentivise expeditious coal production by firms than restricting entry to ensure serious players,” a senior coal ministry official said.

The index reclaimed the 12,200 mark after volatility and correction of last three sessions.

The 30 shares BSE Sensex was up 587.96 points at 41405.7.

The Nifty CPSE index was trading 0.2 per cent up at 1886.7.

Nifty50 on Wednesday recovered nearly 100 points from the day’s low, as the bulls went ahead to buy the dips.

The ministry cleared 14 of the 23 projects it considered. This is likely to help Coal India meet its targets of producing 750 million tonnes next fiscal requiring achievement of a 14% growth over current year’s 660 million tonnes target, and one billion tonnes target by 2024.

The ministry cleared 14 of the 23 projects it considered. This is likely to help Coal India meet its targets of producing 750 million tonnes next fiscal requiring achievement of a 14% growth over current year’s 660 million tonnes target, and one billion tonnes target by 2024.

MMTC held 49.78 per cent stake in Neelanchal as of March 31, 2018.

The government proposes to kick-start commercial coal mining auction process this month.

ET had on Monday reported allegations made by private power producers that the upcoming coal auctions to stressed power plants was an attempt by Coal India to maximise its profits as a state monopoly by exploiting the plight of fuel-starved projects.

The Nifty CPSE index was trading 0.83 per cent up at 1920.6.

CIL is also hoping to increase fuel stocks at power plants to the prescribed level of 22 days, estimated at 36 million tonnes, by the end of January. At the end of 2019, total coal stock at power plants and mine mouths was 57 million tonnes. Stocks at pit heads stood at 25.3 million tonnes, ahead by 2.1million tonnes than the year-ago period.

Coal India Shareholding for the Period Ended December 31, 2019

| Announcement

Coal India Ltd has submitted to BSE the Shareholding Pattern for the Period Ended December 31, 2019. For more details, kindly <a href="http://www.bseindia.com/corporates/shpSecurities.aspx?scripcd=533278&qtrid=104.00">Click here</a>

Coal India Statement Of Investor Complaints For The Quarter Ended December 2019

| Announcement

<table border=1><tr bgcolor=#d6d6d6><th class=TTRow-left> No.of Investor complaints pending at the beginning of the quarter </th><th class=TTRow> No.of Investor complaints received during the quarter</th><th class=TTRow> No.of Investor complaints disposed of during the quarter </th><th class=TTRow> No.of Investor complaints unresolved at the end of the quarter </th></tr><tr><td class=TTRow>0</td><td class=TTRow>7</td><td class=TTRow>7</td><td class=TTRow>0</td></tr></table><table border=1><tr><td > <span style=font-weight:bold>Name of the Signatory </span> </td><td> :- </td><td>m viswanathan</td></tr><tr><td ><span style=font-weight:bold>Designation </span></td><td> :- </td><td>Company Secretary and Compliance Officer</td></tr></table>

The Nifty PSE index was trading 2.13 per cent down at 3180.80.

The Nifty Metal index was trading 1.69 per cent down at 2800.30.

The analyst suggested a stoploss at Rs $stopLossL .

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