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Net Profit of Coal India Limited

The Profit after Tax of Coal India Limited (Consolidated) for 4 th quarter of FY 2017-18 was Rs 1295.34 crores as against Rs2718.80 crores in the corresponding 4 th quarter of FY 2016-17 registering a decline of Rs 1423.46 crores which is around 52%. The major reason for dip in net profit was on account of impact of past service cost of Rs 7384.37 crores arising out of revision in gratuity

Self

New Delhi: Prime Minister Narendra Modi in his address to the nation on Tuesday announced an economic package of Rs 20 lakh crore.The economic package is worth 10% of the India GDP. PM said this economic package is for the country's cottage industry, home industry, small-scale industry, MSME, which is the source of livelihood of crores of people, which is the strong foundation of our

India Steel Market Watch, Continual Market Research

Founded in February 2001, it is today not only India's largest eCommerce company (having eTransacted worth over Rs.1,60,000 crores till date) but also runs the world's largest eMarketplace for steel. The steel and coal supply chain in India has been transformed by mjunction, which has ushered in Efficiency, Transparency and Convenience to the way steel and coal, is bought and sold. Similar

Nitin Gadkari to inaugurate projects worth Rs 2345 crores

Nitin Gadkari to inaugurate projects worth Rs 2345 crores in Odisha February 5, 2019 February 5, 2019 admin 0 Comments. Shri Gadkari will also visit Paradip Port tomorrow, to inaugurate port projects worth Rs 431 Crore and lay foundation for six projects worth Rs 3206 Crore. TheNH projects for which foundation stone will be laid tomorrow include four laning of the 41.726 km Talcher

India imported coal worth Rs 1.7 lakh cr in FY'19

India imported 235.2 million tonne (MT) of coal in 2018-19 valued at Rs 1.7 lakh crore, Parliament was informed today. During 2017-18, the country imported 208.2 MT of the dry fuel valued at Rs 1.3 lakh crore, Coal Minister Pralhad Joshi said in a written reply to Lok Sabha. In 2016-17, the minister said, India imported 190.9 MT of coal valued at Rs 1 lakh crore, the minister said.

ENCOURAGING: Government Approves FDI Worth 1300

In a welcome and encouraging move, the Government has approved 14 proposals of foreign direct investment (FDI), including that of Mauritius based Ghir Investments, totalling Rs 1,289.85 crore. The Foreign Investment Promotion Board (FIPB), however, deferred decisions on 27 proposals, including that of Essar Capital Holdings and Forbo Holding AG, Lindenstrasse, Switzerland.

the coal industry is worth rs crores in india,gyratory

the coal industry is worth rs 30000 crores in india. Coal Gasification Projecs In India - mtlexs. State-owned gas utility GAIL India said it has drawn up investment plans of Rs 30,000 crore for expansion We have investment plans for Rs 30,000 crore projects in hand, out of which Rs 8,000 crore in the coal gasification, 1,500 crore in city gas and Rs 1,000 crore in breakwater water project

Power Plants to be provided with adequate Coal

Government in India has been striving hard to the meet the electricity demand of the country. With Supreme Court holding that all 218 allocations made from 1993 to 2011 are illegal and arbitrary, the country's coal senario doesn't appear to be in good health. However, inspite of government seems to be commited to ensure affordable 24x7 Power for all. Given below are some of the milestones

Disinvestment target

14.12.2017Bids worth Rs. 97,000 crores were received for an issue size of Rs. 1,200 crores. May 12, 2017, 19:31 PM IST 'Govt may cross Rs 45.5K cr divestment target this fiscal' The government hopes to overshoot the Rs 45,500 crore disinvestment target for the current fiscal amid strengthening of equity markets. Feb 20, 2017, 22:05 PM IST Govt clears 26% strategic sale in defence equipment

Privatisation of Coal Industry: A Review

Such plans have resulted in a net loss of Rs 290 crores and a net deficit of Rs 2234.47 crores for ECL up to the present. While in 1974-75 ECL's potential for production had been estimated at 29.42% (the highest among all companies) of India's entire production of coal, by 1994-95, ECL's production potential declined to 11.4% of the country's production. If we wish to ascertain whether

Decoding the Rs.20,00,000 Crore Relief Package

Day-1: Honorable Prime Minister Shri. Narendra Modi, in his address to the nation on 12/05/2020, announced a Fiscal Stimulation package of Rs. 20 Lakh Crores and named it "Aatma-Nirbhar Bharat Abhiyan," which means Self-reliant India Movement.This Package roughly amounts to 10% of India's GDP, making the package place among the most substantial in the world after the financial packages

BHEL BAGS LARGEST ORDER FOR SOLAR PLANT WORTH

India: State-owned power equipment maker Bharat Heavy Electricals Limited (BHEL) has won an order for setting up 129 MW Solar Photovoltaic (SPV) power plants in Telangana from Singareni Collieries Company Limited. It is the largest SPV power plant order worth Rs 565 crores won by BHEL till date. The plants are to be set up at four locations in Telangana - Ramagundam (50 MW), Yellandu (39 MW

Nitin Gadkari to inaugurate projects worth Rs 2345 crores

Nitin Gadkari to inaugurate projects worth Rs 2345 crores in Odisha February 5, 2019 February 5, 2019 admin 0 Comments. Shri Gadkari will also visit Paradip Port tomorrow, to inaugurate port projects worth Rs 431 Crore and lay foundation for six projects worth Rs 3206 Crore. TheNH projects for which foundation stone will be laid tomorrow include four laning of the 41.726 km Talcher

Singareni Collieries Company draws capex plan of Rs 3,000

The Singareni Collieries Company has firmed up capital expenditure of Rs 3,000 crore and set a coal production target of 67.5 million tonne for 2020-21. The board of the company has also agreed to enter into a memorandum of understanding (MoU) with the government of Telangana for extracting 67.

Odisha Govt clears 5 investment proposals worth Rs. 2.04

Biznext India - Latest Business Industry News. Home; News; Coronavirus; Economy. The Union Budget 2018-19; Policy; POLITICS. General Elections 2019; Odisha; Industry. AUTOMOBILES; MINING NEXT; Pharmaceuticals ; Defence; Companies; Tech; Life; CSR; Press-releases; PR Newswire; NewsVoir; Home. Industry. Odisha Govt clears 5 investment proposals worth Rs. 2.04 lakh Cr

Solar PV tariffs fall below Rs.4.50 per kwh

In a recent bidding for grid-connected photovoltaic (PV) plants under the National Solar Mission, tariff bids of Rs.4.34 per kwh were received for the Bhadla (Phase II) solar park in Rajasthan. With this, industry experts feel that the much-talked about "grid parity" has already been reached, and that too, much sooner than expected. The aforementioned

HAL to receive orders worth Rs 45000 crores for 83 LCA

New Delhi: Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, has laid out an investment of about Rs 60,000 crore in Odisha, with Rs 31,000 crore to be spent for mining and social infrastructure development by 2023-24. With investment in acquisition of land for three Posted Date : 22-06-20. Read more

How and why did the Government liberalize coal mining in

However, India still imported around 234 million tonnes of coal forcing it to spend Rs. 1.71 lakh crores on the coal import bill. An intriguing question that arrives here is that despite having large reserves, why there has been any need to import coal from foreign countries.

Cocaine worth Rs. 100 crores seized in New Delhi

The cumulative seizure of cocaine done by NCB in India is around 20 Kgs, having international value of Rs. 100 crores. 55 Kgs Cocaine and 200 Kgs of Methamphetamine have been seized in Australia. The total international worth of the seized drugs from the drug cartel is about Rs. 1300 crores.

Inside India's algorithm

14.10.2019A National Restaurant Association of India report, published in May, puts the total market size of the overall Indian food service industry at Rs 4.23 lakh crore in 2018-19, growing at a compounded annual growth rate of 9 per cent. It said the Indian restaurant industry employed 7.3 million people in 2018-19 and the organised food service sector was only 35 per cent of the total market, with

Odisha Govt clears 5 investment proposals worth Rs. 2.04

Biznext India - Latest Business Industry News. Home; News; Coronavirus; Economy. The Union Budget 2018-19; Policy; POLITICS. General Elections 2019; Odisha; Industry. AUTOMOBILES; MINING NEXT; Pharmaceuticals ; Defence; Companies; Tech; Life; CSR; Press-releases; PR Newswire; NewsVoir; Home. Industry. Odisha Govt clears 5 investment proposals worth Rs. 2.04 lakh Cr

Coal India (NSE:COALINDIA) stock prices, fundamental

Coal India is the largest coal producing company in the world, based on the company's raw coal production of 431.26 million tons in fiscal 2010. As of March 31, 2010, the company operated 471 mines in 21 major coalfields across eight states in India, including 163 open cast mines, 273 underground mines and 35 mixed mines, which include both open cast and underground mines.

Lockdown effect: Indian Railways staring at Rs 90,000

According to the Budget Estimates for the financial year 2020-21, the total earnings of Indian Railways was pegged at Rs 2.25 lakh crores, at the time, the deficit was only Rs 100 crore. The jolt is especially due to the projected passenger earnings being a little over Rs 30,000 crore, less than half of the envisaged Rs 61,000 crore approximately in the Budget Estimate.

Odisha approves 8 investment proposals worth Rs. 1609

ApeejaySurrendra Park Hotels Ltd. for expansionof its 5 star hotel with an investment of Rs. 150 Crores, has been approved which will provide employment for 150 peopleand another proposal by M/sKamat Hotels (India) Ltd. for expansion of its 5 star hotel, with an investment of Rs. 51 crore has also been approved and it will provide an additional employment to around 160 people.

Government Subsidies For Coal Nearly 400 Times More

In 2017, the coal industry received concessions worth Rs 7,523 crore ($1 billion) on customs duty on imports. The same year, the coal sector also received concessions on excise duty amounting to Rs 6,913 crore ($960 million). Together, these formed 91% (Rs 14,436 crore) of coal

Coal India turns out to be the sickest company in India

After nationalization, Coal India seems to have gone berserk at the sight of millions which the exchequer from New Delhi poured into its coffers in the name of development, and the company, perhaps the most ill-managed in the entire galaxy of state undertakings, has totted up a loss of Rs 260 crores, something of a record, even for a government company.

BHEL wins 200 MW solar energy orders worth Rs 800

BHEL wins 200 MW solar energy orders worth Rs 800 crores, crossed 1 Gigawatt mark. Published Date | 2019 June 17. Bharat Heavy Electricals Ltd (BHEL) bags order worth Rs 800 crore for setting up two solar power plants secured from NTPC Ltd. and Gujarat State Electricity Corporation Ltd., expected to promulgate the Solar Power Plant Equipment market in India.

Odisha Govt clears 5 investment proposals worth Rs. 2.04

Biznext India - Latest Business Industry News. Home; News; Coronavirus; Economy. The Union Budget 2018-19; Policy; POLITICS. General Elections 2019; Odisha; Industry. AUTOMOBILES; MINING NEXT; Pharmaceuticals ; Defence; Companies; Tech; Life; CSR; Press-releases; PR Newswire; NewsVoir; Home. Industry. Odisha Govt clears 5 investment proposals worth Rs. 2.04 lakh Cr

4,220 projects worth Rs 1354 crores approved under

Follow us in Twitter Industry_About. Tweets by Industry_About. Industries. Building Materials; Chemical Industry; Energy; Food Allied Industry ; Information Industry; Metal Mechanics; Military Industry; Mining; Textile Industry; Transportation; Wood Paper; Other Sectors; Industrial News . 4,220 projects worth Rs 1354 crores approved under Decentralized Distributed Generation (India

Rashmi Group Of Industries

The Groups turnover is around Rs.3000.0 Crores and net worth is Rs.1000.0 Crores. Rashmi Group awarded Ultra Mega Project status by Govt. of West Bengal. The Group is also engaged in import/export of Mineral Mineral based products. The growth of the group during last few years has been phenomenal and fast catching the attention of bankers, professionals and industry as a whole.

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