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COAL ASSETS OVERSEAS
Govt raises nearly Rs 20,000 crore through disinvestment, asset sales as West Asia conflict swells subsidy burdenThe Centre has raised nearly Rs 20,000 crore through stake sales and asset monetisation in the first two months of this financial year. Thi...- Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
- ET Prime Special Series: Multibagger or IBC - Curious case of one stock, two companies. Only one of them makes brakesOn paper this is a friction-material company. In practice, the larger force inside the company is an investment portfolio. The friction bus...
- India poised for critical mineral breakthrough within a year, says Minister G Kishan ReddyIndia is poised for major advancements in critical minerals in the coming year. A unified government strategy is accelerating resource secu...
- RBI mulls all options, including rate hike, as rupee slumpsThe Reserve Bank of India is exploring all avenues to steady the rupee. Options include raising interest rates and currency swaps. Official...
- For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
- China's factory activity expands more as Iran war risks mountChina's factories saw growth for a second month in April. Exporters are shipping goods early, fearing higher costs from the Iran conflict. ...
- Singareni seeks aid Coal Videsh to buy foreign coal assetsThe Hyderabad-headquartered coal firm appointed a committee to begin the exercise of shortlisting and due diligence of global coal assets, ...
- Coal India eyes mine acquisitions in IndonesiaState-owned Coal India Ltd (CIL) is actively looking at as many as five proposals for acquisition of mines in Indonesia.
- Neyveli Lignite shortlists 18 proposals for overseas coal assetsNLC shortlisted about 20% of 89 proposals for acquiring assets and long-term coal linkages, which it got from Indonesia, Mozambique, Austra...
- Exploration of CIL's Mozambique mines may be completed in 2014The Minister further said that the first stage of drilling of the mines has been completed and the second stage is under progress.
- Coal Videsh to fast track asset acquisition abroadCoal Videsh went slow in acquisitions but this has benefited the country as asset valuations have come down by 50-60% now,” said Jaiswal.
- Coal India eyes assets overseasState-run Coal India aims to acquire at least one foreign coal asset in fiscal 2013-14, its chairman has said.
- Govt plans to set up fund for buying overseas coal assetsCoal Minister Sriprakash Jaiswal today said the government is planning to set up a fund for acquiring of coal assets abroad.
- All CPSEs may get to decide on raw material purchase from abroadThe Cabinet on Thursday is expected to consider allowing all profitable central public sector enterprises (CPSEs) to take independent decis...
- ICVL closes in on Indonesian minesICVL, the consortium of five state-run firms formed to scout for coal assets overseas, is close to completing the due diligence for a coal ...
- NTPC to float global offer to acquire equity stakes in coal assetsThe change in strategy comes after NTPC’s efforts to acquire strategic coal assets overseas through negotiated equity and acquisition deals...
- Tata Power scouting for coal assets overseasPrivate power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet demand for its upcoming pr...
- NTPC, Coal India to buy mining assets overseasNational Thermal Power Corporation and the largest coal producer Coal India are in advanced stages of acquiring mining assets in Mozambique...
- Coal Videsh may get more financial freedom for overseas buysCoal Videsh, a division of Coal India (CIL) that acquires coal assets overseas, is close to receiving a special permission that will enable...
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