Coal India to invest Rs.40,000 crore in 12th Plan
September 12th, 2012 - 9:53 pm ICT by IANS
New Delhi, Sep 12 (IANS) State miner Coal India Ltd (CIL) said Wednesday the company was committed to investing Rs.40,000 crore in the 12th Plan period (2012-17)."Capital investment plan for ... Read more...
Posted in Business |
Coal India achieves near-target performance
September 5th, 2012 - 4:39 pm ICT by IANS
New Delhi, Sep 5 (IANS) With coal dominating the political discourse, Minister of State for Coal Pratik Prakashbapu Patil Wednesday said Coal India Ltd (CIL) had achieved over 97 percent ... Read more...
Posted in Business |
Odisha expects to achieve Kharif paddy production target
August 20th, 2012 - 10:36 pm ICT by IANS
Bhubaneswar, Aug 20 (IANS) Odisha is hopeful of achieving its target of about nine million tonnes of paddy production for the Kharif season despite low sowing due to erratic rainfall ... Read more...
Posted in Business |
Essar sets high target of methane extraction in Bengal
August 8th, 2012 - 11:57 pm ICT by IANS
Kolkata, Aug 8 (IANS) Integrated energy firm Essar Energy has set a target of extracting 1 trillion standard cubic metres per day of coal bed methane (CBM) gas from 600 ... Read more...
Posted in Business |
Assam to bring 5 lakh hectares under double cropping
July 11th, 2012 - 7:31 pm ICT by IANS
Guwahati, July 11 (IANS) The Assam government is planning to bring around 5 lakh hectares under double cropping pattern next season to boost the agriculture production of the state, Agriculture ... Read more...
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Coal India targets 615 mn tonnes output in five years
June 6th, 2012 - 7:50 pm ICT by IANS
New Delhi, June 6 (IANS) Government-run Coal India Ltd Wednesday said it has targetted production of 615 million tonnes of coal during the 12th Five Year Plan period that began ... Read more...
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Camellia Plc ‘very interested’ in acquiring Assam tea gardens
April 18th, 2012 - 10:32 pm ICT by IANS
Kolkata, April 18 (IANS) UK-based Camellia Plc, which owns a 74 percent stake in tea major Goodricke Group, Wednesday said it was 'very interested' in buying out tea gardens in ... Read more...
Posted in Uncategorized |
Coal India misses production target
April 3rd, 2012 - 1:30 am ICT by IANS
Kolkata, April 2 (IANS) State-run Coal India (CIL) Limited Monday said it has ended the last fiscal with a production of 435.84 million tonnes (mt) compared to 431.32 mt in ... Read more...
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Coal India sets production target of 464 mn tonnes (Lead)
February 17th, 2012 - 10:05 pm ICT by IANS
Kolkata, Feb 17 (IANS) State-run Coal India Limited (CIL) has set a production target of 464 million tonnes in the next fiscal year and it will make a capital expenditure ... Read more...
Posted in Business |
Coal India sets a production target of 464 mn.tonnes
February 17th, 2012 - 6:50 pm ICT by IANS
Kolkata, Feb 17 (IANS) State run Coal India Limited has set a production target of 464 million tonnes in the next fiscal year and it will make an capital expenditure ... Read more...
Posted in Business |
India to talk with Indonesia on proposed coal export curbs
January 28th, 2012 - 8:31 pm ICT by IANS
Kolkata, Jan 28 (IANS) Expressing concern over the proposed restrictions on export of certain grades of coal by the Indonesian government, India Saturday said it would try to find a ... Read more...
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We cannot meet power firms’ coal demands: Minister
December 1st, 2011 - 4:58 pm ICT by IANS
Ranchi, Dec 1 (IANS) Coal Minister Sriprakash Jaiswal Thursday said Coal India Limited (CIL) could not meet the requirements of the power companies."A large number of power plants are coming ... Read more...
Posted in Business |
Coal India’s Q2 net profit up 74 percent
November 12th, 2011 - 10:55 pm ICT by IANS
Kolkata, Nov 12 (IANS) Maharatna company Coal India Limited Saturday reported a 74 percent rise in its net profit to Rs.2,593 crore in the second quarter ending Sep 30, from ... Read more...
Posted in Business |
Dengue, labour strike hit Mahanadi Coalfields output
September 1st, 2011 - 6:35 pm ICT by IANS
Bhubaneswar, Sep 1 (IANS) Mahanadi Coalfields Ltd (MCL), a unit of state-run Coal India, said Thursday its output fell by 1.3 million tonnes in August compared to a year ago, ... Read more...
Posted in Business |
Ecuador wants to hike oil output
July 8th, 2011 - 11:23 am ICT by IANS
Quito, July 8 (IANS/EFE) Ecuador wants to increase its oil production to an average of 502,000 barrels per day (bpd) this year, up from the 486,000 bpd level registered in ... Read more...
Posted in Business |
Haryana targets increased paddy this year
June 29th, 2011 - 11:54 am ICT by IANS
Chandigarh, June 29 (IANS) With paddy sowing in full swing and good rainfall in recent days, Haryana is targeting paddy plantation in over 12 lakh hectares of agricultural land with ... Read more...
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McLeod Russel’s 2010-11 net profit up 7 percent
May 30th, 2011 - 10:32 pm ICT by IANS
Kolkata, May 30 (IANS) The world's largest tea producer, McLeod Russel India Limited Monday announced that it has posted a consolidated net profit of Rs.246.47 crore last fiscal (2010-11) compared ... Read more...
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Higher penalty for unauthorized tobacco production
May 4th, 2011 - 10:17 pm ICT by IANS
Bangalore, May 4 (IANS) Unauthorized tobacco growers in Karnataka and Andhra Pradesh, the two major tobacco producing states, will be slapped with higher penalty than the present Rs.2 per kg ... Read more...
Posted in Business |
Green hurdle forces Coal India to downgrade target
April 21st, 2011 - 10:39 pm ICT by IANS
Kolkata, April 21 (IANS) Coal India Limited (CIL), which was eyeing a production target of 520 million tonnes this fiscal, has downgraded it to 452 million tonnes due to a ... Read more...
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SAIL to surpass sales target in 2010-11
March 15th, 2011 - 8:25 pm ICT by IANS
New Delhi, March 15 (IANS) The government-run Steel Authority of India Limited (SAIL) is set to surpass its production target for the current fiscal (2010-11) by over four percent on ... Read more...
Posted in Business |
Nalco to miss alumina production target
February 23rd, 2011 - 5:12 pm ICT by IANS
Bhubaneswar, Feb 23 (IANS) The state-owned National Aluminium Company Ltd (Nalco) will miss its target to produce 16.80 lakh tonnes of alumina in the current financial year ending March, a senior company ... Read more...
Posted in Business |
Coal India’s net profit rises 29 percent
November 23rd, 2010 - 9:38 pm ICT by IANS
Kolkata, Nov 23 (IANS) World's largest coal miner, Coal India's (CIL) net profit rose by 29.06 percent to Rs.4,020 crore in the first half of the current fiscal (2010-11) over the corresponding ... Read more...
Posted in Business |
Central government in favour of banning iron ore exports
July 31st, 2010 - 8:13 pm ICT by IANS
Bangalore, July 31 (IANS) The central government is planning to ban iron ore exports or restrict the quantum of export to protect the rich mineral wealth of the country, Steel Minister ... Read more...
Posted in Business |
Gujarat NRE places $90 million order with Joy Manufacturing
April 26th, 2010 - 8:12 pm ICT by IANS
Kolkata, April 26 (IANS) Gujarat NRE Coking Coal Limited, the Australian subsidiary of Gujarat NRE Coke Ltd, Monday said it has contracted Joy Manufacturing Company Pty Ltd for supply of certain equipment ... Read more...
Posted in Business |
CCL posts Rs.1,500 crore profit in 2009-10
April 1st, 2010 - 5:10 pm ICT by IANS
Ranchi, April 1 (IANS) Central Coalfields Limited (CCL) Thursday announced profit of Rs.1,500 crore in the 2009-2010 financial year.
"The profit in 2009-2010 has almost doubled to Rs.1,500 crore from the previous year's ... Read more...
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Coal India plans to earmark 1 percent share for staff
February 9th, 2010 - 5:45 pm ICT by IANS
Kolkata, Feb 9 (IANS) Country's largest coal producer Coal India Ltd (CIL), which is planning to come out with its Initial Public Offering (IPO) of shares would be earmarking one percent of ... Read more...
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Closure of Orissa mines hit iron ore supply to Paradip port
December 4th, 2009 - 9:02 pm ICT by IANS
Bhubaneswar, Dec 4 (IANS) The closure and suspension of work in more than 50 iron ore mines in Orissa over the past month has hit supplies to Paradip port for export, a ... Read more...
Posted in Business |
Crackdown on illegal mining in Orissa to continue
November 14th, 2009 - 1:36 pm ICT by IANS
By Jatindra Dash
Bhubaneswar, Nov 14 (IANS) The crackdown on illegal mining in Orissa will continue "as long as necessary", a senior state government official has said here, adding that it is meant ... Read more...
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Advani sympathises with victims of Balco chimney collapse
September 24th, 2009 - 6:22 pm ICT by IANS
New Delhi, Sep 24 (IANS) Senior Bharatiya Janata Party (BJP) leader L.K. Advani Thursday expressed his sympathy with the families of those killed and injured in a chimney collapse at a ... Read more...
Posted in Politics |
Sukhbir Badal demands Centre to declare Punjab Special Agro Zone
August 31st, 2009 - 1:05 pm ICT by ANI
Jalalabad, Aug 31 (ANI): Punjab Deputy Chief Minister Sukhbir Singh Badal has demanded the Central Government to declare Punjab as Special Agricultural Zone (SAZ) on the lines of Special Economic Zones (SEZ). ... Read more...
Posted in National |
Coal India hikes production target by 7.7 percent
August 28th, 2009 - 8:54 pm ICT by IANS
Kolkata, Aug 28 (IANS) State-owned Coal India Ltd (CIL) has increased its production target for the current fiscal by 7.7 percent, a top official said here Friday.
"Last year, our production growth rate ... Read more...
Posted in Business |
Rains in parched Chhattisgarh revive paddy prospects
July 1st, 2009 - 4:09 pm ICT by IANS
Raipur, July 1 (IANS) Overnight rains in almost all the 18 districts of parched Chhattisgarh have revived prospects of a good paddy output.
The government has set a target of 65.5 million tonnes ... Read more...
Posted in Business |
Sterlite to invest Rs.250 crore for expansion
June 26th, 2009 - 6:00 pm ICT by IANS
Mumbai, June 26 (IANS) Sterlite Technologies, a global provider of transmission solutions for telecom and power companies, Friday said it will invest Rs.250 crore for capacity enhancement in the next two years. ... Read more...
Posted in Business |
Coal India posts Rs.96 crore profit in 2008-09
May 21st, 2009 - 6:39 pm ICT by IANS
Kolkata, May 21 (IANS) Coal India Ltd (CIL) has posted net profit of Rs.96 crore in 2008-09 against a profit of Rs.5,243 crore the year before, a top company official said here ... Read more...
Posted in Business |
India to produce 20,000 MW nuclear power by 2020: Kakodkar
February 18th, 2009 - 9:56 pm ICT by IANS
Hyderabad, Feb 18 (IANS) Atomic Energy Commission (AEC) chairman Anil Kakodkar Wednesday said that despite the current economic slowdown, India will achieve the production target of 20,000 MW of nuclear power by ... Read more...
Posted in Sci-Tech |