Government Gets Rs 4,185 Crore Through 3% Stake Sale In Coal India

[ad_1] The government last week sold three per cent stake in CIL. New Delhi: The government has mopped up Rs 4,185 crore through a three per cent stake sale in state-run Coal India. The holding of the government has come down to 63.13 per cent in the coal producer after the offer-for-sale (OFS), CIL said … Read more

Centre To Sell Up To 3% Stake In Coal India, Floor Price Fixed At Rs 225 Per share

[ad_1] The floor price has been fixed at Rs 225 per share for the two-day Offer for Sale. (File) New Delhi/Kolkata: The government will offload up to 3 per cent stake in Coal India Ltd through the offer for sale route starting on Thursday and the disinvestment will fetch at least Rs 4,158 crore for … Read more

Stocks to Watch: SBI, Coal India, HDFC Life, Sun Pharma, Patanjali Foods and Others

[ad_1] Stocks to Watch: Nifty futures on the Singapore Exchange traded 44 points, or 0.23 per cent, lower at 18,686, signaling that Dalal Street was headed for negative start on Wednesday. Adani Ports & SEZ: The company clocked 5.1 per cent year-on-year (YoY) rise in consolidated net profit to Rs 1,158.9 crore for the January-March … Read more

Coal India Q4 Profit Drops 18% On Wage Bill; Record Net Profit In FY23

[ad_1] New Delhi: Coal India Ltd, the world’s largest coal miner, on Sunday reported a 17.7 percent drop in its March quarter net profit on higher provisions made for wage revision of employees. Consolidated net profit of Rs 5,527.62 crore, or Rs 8.98 per share, in January-March, is compared with Rs 6,715 crore, or Rs 10.86 … Read more

Coal India’s Q4 profit falls 17% on higher provisions for wage hike – Times of India

[ad_1] NEW DELHI: Coal India Ltd reported a 17.3% fall in fourth-quarter profit on Sunday, as the world’s largest coal miner made higher provisions for wage hikes.Consolidated net profit fell to 55.33 billion Indian rupees ($677.07 million) in the three-months ending March 31, compared with 66.93 billion rupees a year earlier, the state-run company said … Read more