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Coal India CMD quits

Coal India CMD quits

S Narsing Rao has stepped down as the Chairman and Managing Director of Coal India to take up a new role as Principal Secretary to K Chandrasekhar Rao, the Chief Minister of India's 29th state Telangana from June 2. Meanwhile, there is no word yet on the successor of Rao in Coal India after his resignation. Finding a replacement may take as long as six months. At this juncture, it is unclear if Rao will be relieved soon.

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