Coal news and updates

Updated daily

• Coal case: CII warns of anxiety among investors

  12 Mar 2015

  With a special CBI court issuing summons to industrialist Kumar Mangalam Birla as an accused in a ... . ...Read More

• No unlawful means used to secure coal blocks: Hindalco

  12 Mar 2015

  Aditya Birla Group’s flagship company Hindalco Ltd reiterated that the company and its offic... . ...Read More

• Coal Scam: Hindalco shares plunge over 5%; top loser on Sensex, Nifty

  12 Mar 2015

  Shares of Hindalco Industries tumbled over 5% after its promoter Kumar Mangalam Birla was summoned... . ...Read More

• Govt delays coal block allocation to state-run units

  12 Mar 2015

  The government has delayed the allotment of 43 coal blocks to the state-owned entities in what is ... . ...Read More

• Steel sector loses coal blocks to aluminium, cement plants in auction

  12 Mar 2015

  Fuel scarcity appears to be looming over the steel sector now with aluminium and cement plants hav... . ...Read More

• Coal mine auction presents opportunity for smaller firms

  12 Mar 2015

  India’s first auction of coal mines has presented an opportunity for smaller regional compan... . ...Read More

• Madhu Koda interrogated by ED in coal block allocation

  12 Mar 2015

  Former Jharkhand Chief Minister Madhu Koda was today interrogated by the Enforcement Directorate i... . ...Read More

• Aussie company lines up cheaper debt to weather coal slump

  12 Mar 2015

  Australia's Whitehaven Coal lined up a A$1.4 billion ($1 billion) bank loan on Thursday, repla... . ...Read More

• Adani, GVK win Australian state backing to expand coal port

  12 Mar 2015

  The new government in Australia's Queensland state unexpectedly smoothed the way for two India... . ...Read More

• Indonesian Coal miners remain under pressure as glut continues

  12 Mar 2015

  Indonesia’s major coal miners reported a significant drop in their earnings last year as the... . ...Read More

• Biden On Coal Regs: ‘A Lot Of People Are Going To Get Hurt’

  12 Mar 2015

  Vice President Joe Biden is at it again, this time telling HBO viewers that federal regulations to... . ...Read More

• Japanese coal buyers expect $70/mt FOB Australia in annual supply contract talks

  12 Mar 2015

  Japanese power utilities are expecting a settlement price of about $70/mt FOB Newcastle in talks w... . ...Read More

• Call for coal industry tax break as 80 jobs at risk

  12 Mar 2015

  THE UK’s largest coal company has made an impassioned plea for a tax break to help the indus... . ...Read More

• The Coal Auction Bonanza Has A Serious Downside To The Government

  11 Mar 2015

  Coal auctions have raised more than what even former Comptroller and Auditor General Vinod Rai had... . ...Read More

• Govt gets details of re-examination of 3 coal block winners

  11 Mar 2015

  The coal ministry received details of re-examination of three coal block winners. It had asked for... . ...Read More