The hike in clean energy cess is likely to impact input cost for thermal power producers
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
"The coal ministry intends to purchase the house and build a memorial on it," minister of state for coal Shriprakash Jaiswal told PTI, adding directions have been given to the officials of the ministry to purchase the house 'at any cost.' The minister said he, along with officials of Coal India Limited, will be visiting South Africa on August 17 in this connection.
Pump manufacturing company Kirloskar Brothers Ltd and Coal India on Friday are jointly moving 18 high-powered pumps to the mine, officials said.
Over 75 per cent of India's daily coal output has been hit as the five-day strike by workers of state-run miners entered the second day on Wednesday, raising fears of disruption in power supplies.
Government is expected to rely more on divestment proceeds to keep the fiscal deficit in check
Yes Bank and Tata Motors were the biggest losers in the Sensex pack, slumping 8 per cent.
CIL workers are represented by five unions -- Indian National Trade Union Congress, Hind Mazdoor Sabha, Bharatiya Mazdoor Sangh, AICWF and All India Trade Union Congress.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Rising oil prices and diminishing cash pile to limit capacity in 2018-19
Top losers include Hero MotoCorp, HDFC, SBI, Infosys, HCL Tech, ICICI Bank, Bajaj Finance, ONGC, Bajaj Auto and IndusInd Bank, falling up to 2.63 per cent.
The shift to gross calorific value-based grading of coal aligned domestic prices with international benchmarks.
The body of the trapped miner was spotted on January 16 and efforts were on to pull it out of the shaft of the coal mine filled with water.
The finance ministry has short listed 11 PSUs for a possible buyback of shares in the ongoing financial year
ETFs function like a mutual fund scheme and have underlying assets of government-owned companies.
In fact, the 9 per cent growth story cannot happen without coal, which fires over 50 per cent of the country's installed power capacity, says Partha S Bhattacharyya.
The list mostly contains PSUs which were up for sale in the last fiscal.
Russia has been grappling with sanctions slapped by the US and its allies over Moscow's invasion of Crimea.
Ministers might be fond of attributing the Sensex's rise to renewed interest from foreign investors, betting on an impending revival in the economy, but share prices are influenced more by supply and demand.
Delhi Waveriders stunned defending champions Ranchi Rays 7-4 in a hard-fought battle in the 4th Coal India Hockey India League.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Existing investors should not make any drastic changes in their portfolio at the onset of elections, say experts.
Efforts to retrieve the body would continue on Wednesday.
The country's second largest employer in the corporate sector has over 300,000 men and women on its roles in 50 countries.
TCS took the steepest hit among the top-10 firms as its m-cap plunged Rs 17,334 cr
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
They, however, called off their nationwide strike
'The government wants foreign companies to capture the insurance market.'
The depth of water from the surface till the bottom of the pit is expected to be over 150 feet, Navy officials said.
When big offers hit the market, broader indices corrected 2-4%
However, the National Disaster Response Force, which has been engaged in the rescue operation since the day of the tragedy on December 13 last, will continue with their services.
The first lot of 74 mines will be auctioned to specific end-users and allocated to state-owned entities by March.
After last Monday's massive fall in the Indian markets, a lot of quality stocks have fallen significantly.
Four companies --TCS, Coal India, Wipro and Bharti Airtel -- saw decline in their market-cap.
9 top-valued Sensex cos see Rs 93,000 crore m-cap erosion
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances