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South Eastern Coalfield Limited

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Chhattisgarh coal mine blast toll rises to six

The death toll in the blast at coal mines of the South Eastern Coalfield Limited in Chhattisgarh's Koria district has risen to six. SECL Deputy General Manager (Operations), S K Goswami, along......

Higher cash flows and moderate valuations to support Coal India stock

Coal India (CIL) produced 89 million tonnes (MT) in March-24, up 6 per cent year on year (Y-o-Y) and offtake was 69 MT, up 7 per cent Y-o-Y. FY24 production was 774 MT, up 10 per cent Y-o-Y.......

India's largest coal mine hit by a political war

There are allegations that the Congress-ruled Chhattisgarh govt is putting pressure on South Eastern Coalfields to not renew the contract with Sainik Mining whose promoter Rudra Sen Sindhu is......

Sensex falls 362 points to end at 23,191

In the Nifty pack SBI was the top loser down nearly 7% while Bank of Baroda ended 6% lower. Markets ended lower amid profit taking in late trades with PSU bank shares leading the decline after......

Coal India to invest $20 bn in 5 years: Goyal

State-owned miner Coal India Limited will invest $20 billion (over Rs 1.27 lakh crore) to increase production to one billion tonne over the next five years, Coal Minister Piyush Goyal said on......

Coal block investments: Rs 2.86 lakh cr impact figure highly inflated

The Supreme Court recently termed all captive coal blocks allocated by the government from 1993 to 2010 illegal. A verdict on their future is likely this week. What might be the cost implication if......

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