Coal News
Coal India: Why this boring PSU stock deserves more attention
The company’s impressive return on capital employed puts it among the most efficient profit machines in India.
8 min read9 Oct 2024Stocks to buy or sell: Osho Krishan of Angel One suggests buying Coal India, Exide Industries in a weak market today
Stocks to buy or sell: Osho Krishan, Sr. Analyst, Technical & Derivatives of Angel One, recommends buying - Coal India Ltd, and Exide Industries Ltd.
2 min read3 Oct 2024Coal India standardizes interest rates on delayed payments to boost demand
The revised rate, based on the Reserve Bank of India’s repo rate plus 3%, replaces previously varied interest rates, which ranged from 9.5% to 14.85%. The move follows consumer requests and is part of Coal India’s efforts to ease policies for its customers as private sector competition grows.
1 min read30 Sep 2024India’s coal imports rise to 90.5 MT amid surge in power demand
Despite a 10.18% growth in coal-based power generation from April 2024 to July 2024 compared to the same period last year, imports for blending purposes decreased by 8.2% during the same period.
1 min read25 Sep 2024Tata Power share price trades in green amid legal dispute with Adaro International over coal supply
Tata Power and Adaro International are currently engaged in a legal battle over a coal supply contract. Both companies are pursuing financial compensation. The dispute, centred on a 2020 agreement, has escalated to arbitration, with claims and counterclaims from each side.
1 min read20 Sep 2024Coal India inks pact with dept of pharma to open 12 Jan Aushadhi stores
A Jan Aushadhi Kendra is a dedicated outlet that sells generic medicines at affordable rates. Generic medicines are 50-90% cheaper than branded drugs. The stores will be set up at 12 locations of Coal India operations across West Bengal, Jharkhand, Chhattisgarh, Maharashtra, MP, Odisha and Assam.
1 min read18 Sep 2024Coal India share price slumps 3% after Nuvama slashes target price; recommends ’sell on rise’ strategy for the PSU stock
Coal India share price declined by more than 3% following Nuvama’s reduced target price to ₹542. The brokerage highlighted a 12% YoY sales volume drop and risks from fluctuating coal prices and potential government stake sales.
2 min read4 Sep 2024Centre to digitize land acquisition process, to set up a dedicated portal, to speed coal mining
The move comes amid a narrowing window for coal mining as the 2070 deadline for India to phase out fossil fuels nears.
2 min read27 Aug 2024Buy or sell: Sumeet Bagadia recommends three stocks to buy on Monday — August 26
Buy or sell stocks: Sumeet Bagadia has recommended three stocks to buy on Monday — Tata Motors, Coal India, and Bharti Airtel
3 min read24 Aug 2024Centre to auction another 50 commercial coal blocks in FY25
In the 10th round, the ministry has already offered 67 blocks and this round is expected to be completed by November. After this, the ministry plans to launch the 11th round with over 50 coal blocks put on offer.
3 min read23 Aug 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared