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MAHANADI COALFIELDS LOSES
Rs 10 lakh cut from gratuity: High court backs employer after employee’s actions cause lossThe Calcutta High Court has ruled that employers can deduct Rs 10 lakh from a retired employee's gratuity. This decision follows losses inc...- Mahanadi Coalfields loses Rs 5.18 crore in two daysOn Monday, MCL suffered a Rs 2.68 crore loss over death of a goat.
- Can plug coal import gaps by raising output: CIL CMDAs far as Coal India is concerned, there is absolutely no slowdown. We are not in a position to meet country’s coal demand, CMD Anil Kumar ...
- Unions fear deterioration of work condition at Talcher CoalfieldsA section of political parties demanded compensation of Rs 50 lakh each for the families of the victims, while another has recently demande...
- Mahanadi coalfields loses 20 million tonne production due to strikesMahanadi Coalfields Ltd, one of the largest coal producing companies in the country, has lost about 20 million tonne of production so far t...
- SBI moves NCLT against East Coast EnergyEast Coast Energy had defaulted loans of over Rs 5,000 crore to many lenders led by PFC, which is also said to be preparing to move the tri...
- Odisha may only receive half of Rs 17,500 crore compensation from miners before the Dec 31 deadlineOn August 2, the top court ordered the companies to deposit Rs 17,576 crore by December 31 against environmental violations during 2000-201...
- Coal workers strike called off after marathon meeting with Piyush GoyalThe two-day old strike by coal workers across India was today called off with the government and the unions reaching an agreement after a m...
- Gap between Coal India output and target widens furtherThis has resulted in a fall in coal stocks and power shortage. CEA has attributed the problem largely to short supply of coal by the coal m...
- Production target of 482 MT in FY'14 looks challenging: CILCoal India Ltd today said the production target of 482 million tonne for the current fiscal looks challenging in view of the shutdown of mi...
- Coal scam, environment issues & clearances: Rs 145,000 crore stuck on projects linked to blocksAround Rs 145,000 cr had been spent on projects linked to those blocks and which are now held up due to various problems.
- Will relook at pricing structure in April: NC Jha, CMD, Coal IndiaNC Jha, CMD, Coal India, in a chat with ET Now, talks about the company's new coal pricing mechanism and how will it impact the other compa...
- NALCO losing Rs 1 cr/day due to coal shortageState-run aluminium producer NALCO is facing a production loss of about Rs 1 crore per day due to coal shortage, a company official said.
- Nalco resorts to coal import to overcome crisisThe Navratna PSU National Aluminium Company Limited (NALCO) has placed order to import two lakh tonnes of coal to tide over the short suppl...
- Coal India sets Rs 5,000 cr for underground minesThe aim is to step up underground coal production from the present level of 43 million tonne (mt) to 67 mt by 2011-12.
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