CIL has put on hold share buyback plan until they switch from the current reporting format for financial results to new Indian Accounting S...

CIL hopes to hit the market with its buy-back by October, before which it has to take shareholders’ and Sebi’s approval.

If CIL uses Rs 78 billion in cash, buyback could increase to 6.4 per cent of outstanding shares, said the Citigroup report. The global inve...

The development comes after five Coal India subsidiaries announced share buy-back which would fetch Coal India a total of Rs 5,000 crore.

The board of directors of South Eastern Coalfields Ltd (SECL)... at its meeting held on June 14, has considered and approved the buyback of...

Senior government official said the quantum of buyback will depend on the amount of money that Coal India receives through share buyback by...

As per the proposal, buyback will be followed by an additional divestment that will bring down the Centre’s stake in the company below 75% .

Coal India (CIL) is likely to announce a 5% equity buyback in the new fiscal, helping the Centre raise up to Rs 10,700 crore, or about 19% ...

However, CIL may only be able to comply with this by August, which means the Centre won’t be able to use this money to cover the shortfall ...

State-owned Coal India Ltd has called a board meeting tomorrow to consider giving special dividend to the government.

"It (Buy back) will be decided by Coal India (CIL) board as we don't have any role in it," Coal Minister Sriprakash Jaiswal told reporters.

Coal India has decided to defer its board meeting that was planned for tomorrow.

"We have written to all cash rich PSUs enquiring about their cash balance and capex plans," a top government official said.

The IMG, headed by Disinvestment Secretary Ravi Mathur, is guiding the process of disinvestment of govt's equity in CIL.

An Inter-ministerial Group has approved 10 per cent equity sale in Coal India which is expected to fetch over Rs 17,000 cr to the government

UK-based The Children's Fund (TCI), which holds a little over 1% in Coal India, has demanded that the monopoly should pay out 100% of its n...

The plan by TCI could boost CIL's per-share earnings and help partially meet government's revenue target from disinvestment.