Coal India has said that its Board has approved an interim dividend of Rs 18.75 per share for the 2016-17 financial year. The government is likely to get around Rs 9,200 crore from the total interim dividend payout.
Category: Coal & Mining
Post
Post
Coal gas can help lower import bill by $10 billion in 5 years
Domestic coal gas can be used as a feedstock for producing urea and other chemicals that can help reduce the country's import bill by $10 billion in five years and cut carbon emissions, a top official has said.
Post
Coal India production grows 6.5percent in February
Coal India registered a healthy 6.5 per cent growth in coal production to clock 54.30 million tonnes (MT) in February this year compared to 50.98 MT achieved in the corresponding period last year.
Post
There is a real talent shortage in the Indian construction industry
It's early days for us. We have launched our operations in India last year. We said, let's not get the cart before the horse. Let's create a world-class delivery capability. So we have built that team and we are continuing to expand that team with quite an aggressive hiring programme. Now, more recently, we have been bringing on the sales, marketing and expertise.
Post
Northern Coalfields ratifies buyback
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.
Post
Tata Hitachi’s Kharagpur plant rolls out its 10,000th machine
In a milestone event, Tata Hitachi's Kharagpur plant has announced the roll out of its 10,000th machine. The machine, ZAXIS470H, was handed over to V Prabhakar Reddy of VPR Mining Infrastructure Private Limited - a leader and trend setter in the Indian mining industry, with many global ongoing projects and a big patron of Tata Hitachi.
Post
Northern Coalfields ratifies Rs 1,244-cr share buyback plan
Coal India has said that the Board of its subsidiary Northern Coalfields has approved a share buyback plan worth Rs 1,244 crore.
Post
Coal imports dip 22percent to 14 million tonnes in January
Coal imports have declined by 21.7 per cent to 14.31 million tonnes (MT) in January as power utilities did not lift much fuel due to abundant stock available with them.
Post
Vedanta Group Q3 EBIDTA jumps 79percent, revenue up 26percent
Vedanta Resources Group's operating profit almost doubled to $882.3 million for the quarter ended December, while revenue rose 26 per cent to $3.06 billion on the back of higher production volumes, mainly zinc.
Post
NMDC Q3 net profit up 41percent to Rs 595 crore
NMDC Limited has reported a 41.33 per cent jump in net profit to Rs 595.16 crore for the quarter ended December 2016, from Rs 421.10 crore in the corresponding quarter the previous year, on the back of a steep rise in income from operations.