COAL INDIA LTD Q1 RESULTS
In Q1 of FY21, we would be back to peak disbursal levels of FY18 & 19: Gagan Banga, Indiabulls Housing
Indiabulls Housing is going to focus on retail loan segment for the next 2 years
Market Movers: Kotak Q3 spooks bank pack; Voda, realty stocks up, OIL hit
Reliance Industries was the biggest culprit for Monday’s fall, as i...
Next round of fundraising likely at end of 2020: Shyam Srinivasan, MD & CEO, Federal Bank
Given the external situation, our performance on mo...
Modi's grand coal plan could be up against too big a barrier
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.
Analyst Calls: Coal India, JSPL, NTPC, M&M
Daiwa Capital Markets has a buy rating on Coal India with a target price of Rs 290.
Monopoly miner to deter investors from coal mining in India
Competition from an Indian state-run monopoly may stymie PM’s efforts to attract investments.
Market Movers: What changed for D-Street while you were sleeping
Nifty50 on Wednesday recovered nearly 100 points from the day’s low, as the bulls went ahead to buy the dips.
Proposed carbon tax waiver on coal may pose risks to India's renewables growth: Fitch
This comes at a time where aggressive bidding and rapid fall in tariff prices in country's renewable power auctions have squeezed profit margins for project developers and threatened the economic feasibility of the project pipeline in the renewables sector.
Independent power producers allowed to use Coal India supplies across plants
This is expected to reduce the cost of power generation making them more competitive because if a power company has separate fuel supply agreement for each plant, it can transfer coal from one plant to another. This would also reduce transport cost and take the load off railways during peak season.
Govt plans big push to pvt coal mining, underground coal gasification, CBM
"The Prime Minister (Narendra Modi) has been of the view that the coal sector should induct technology, help to supply the gas sector needs of the country. Coal sector should adapt itself in such a way that it is not hit by the climate change considerations which are becoming every day concerns of the whole world," a top official of coal ministry said.
Coal mines PFO to impose levy on member companies' production
The levy is estimated to raise Rs 650 crore from Coal India this year if it manages to meet its yearly production target. The resulting increase in the cost of power generation would be less than 1 paisa per unit, a Coal India executive said. It will, however, benefit some 5 lakh pension holders.
Sensex at peak but portfolio in the red? Look at these eight contra bets for 2020
Analysts say some of these depressed and under-performing sectors could be contra bets for 2020.
Coal India Q2 profit rises 14% to Rs 3,522 crore
Total income declined to Rs 22,012.94 crore in the July-September quarter.
JSPL hopeful of getting Gare Palma coal block: VR Sharma
In the October to December quarter (Q3), we will be surpassing all our records.
Coal India Q1 profit rises 22% to Rs 4,630 crore as margins improve
Ebitda for the June quarter came in at Rs 6,611 crore, up 16.9 per cent from Rs 5,654 crore last year.
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