CIL and Unions ink MoU recommending Minimum Guaranteed Benefit to employees #CoalIndia #INE522F01014 #CIL #WageRevision #Unions #MoU https://t.co/Uyt1IkkUZ9 https://t.co/Gy6QkAUNc4
#CoalIndia will report its January-March quarter earnings today, expect revenue growth to be driven by higher realisations. Coal India's higher employee expenses due to wage revision may dent margin
#CoalIndia OFS has done well, we will have Rs 4,000 cr plus proceeds. #Market situation is stable; Indian #economy is doing very well: DIPAM Secretary to CNBC-TV18
#FY24 India growth #forecasts on the upside despite #headwinds, he adds
#FY24 India growth #forecasts on the upside despite #headwinds, he adds
Setback for #CoalIndia, #SC holds that Competition Law applies to Coal India. SC holds that Coal India’s appeal against #CCI order to be decided on merits
#CoalIndia July offtake up 9.3% at 59.5 mt vs 54.5 mt (YoY) & July #production up 13.4% at 53.7 mt vs 47.3 mt (YoY) https://t.co/BsmA0aUusc
#1QWithCNBCTV18 | The street is expecting #CoalIndia to report weak #Q1 earnings today led by a fall in e-auction realisation, higher wage bills/employee costs, partly offset by operating leverage https://t.co/a0EINXHb54
#1QWithCNBCTV18 | #CoalIndia reports #Q1 #profit at Rs 7,941.4 cr vs CNBC-TV18 poll of Rs 6,489 cr https://t.co/eVAiCIiJMC
#1QWithCNBCTV18 | #CoalIndia reports #Q1 #revenue at Rs 35,983.2 cr vs CNBC-TV18 poll of Rs 34,998 cr https://t.co/ViJbTuEmQh
#CoalIndia March production up 6.1% at 88.6 mt vs 83.5 mt (YoY) & offtake up 7.2% at 68.8 mt vs 64.2 mt (YoY)
#CoalIndia falls marginally short of its production target for FY24, says hormaz_fatakia
#CoalIndia to tweak its e-Auction norms 📢
#CoalIndia Says:
*Concept note has been circulated to e-Auction bidders on July 11 to seek feedback
*Suggesting 3-hr auction window replacing the earlier long drawn process
*Allowing consumers to change mode of transport from rail to road without addl premium
*Single bidder can place max four bids against each basket vs earlier restriction of 1 bid
*Lowering EMD in e-auctions by more than a third is to encourage increased participation
All arms except northern coalfields to up e-auction qty to 40% of prodn for 2nd & 3rd Qtr of FY25
*Subsidiaries have been given flexibility to fix their reserve prices
#CoalIndia Says:
*Concept note has been circulated to e-Auction bidders on July 11 to seek feedback
*Suggesting 3-hr auction window replacing the earlier long drawn process
*Allowing consumers to change mode of transport from rail to road without addl premium
*Single bidder can place max four bids against each basket vs earlier restriction of 1 bid
*Lowering EMD in e-auctions by more than a third is to encourage increased participation
All arms except northern coalfields to up e-auction qty to 40% of prodn for 2nd & 3rd Qtr of FY25
*Subsidiaries have been given flexibility to fix their reserve prices
#CoalIndia signs Joint Venture with #GAIL to set up Coal Synthetic Natural Gas Plant
#CoalIndia August Update |
▶️Coal production down 11.9% at 46.1 mt vs 52.3 mt (YoY)
▶️Offtake down 11.8% at 52.1 mt vs 59.1 mt (YoY)
▶️Coal production down 11.9% at 46.1 mt vs 52.3 mt (YoY)
▶️Offtake down 11.8% at 52.1 mt vs 59.1 mt (YoY)