In the three months ended September, it posted nearly a 40 per cent fall in consolidated net profit to Rs 368.88 crore compared to Rs 612.4...

According to Ramanandan in the last wage negotiations which took place in 2011 Coal India's profit was Rs 10,000 crore and "this time it is...

Representatives of four trade unions - CITU, AITUC, BMS and HMS -- and the Coal India chairman and other board members failed to reach conc...

Unions and management negotiate wages every five years. In 2011, they managed a 25 per cent hike. This time, they want a 50 per cent raise.

The management system portal has been developed for monitoring compliance of labour payment and other benefits for contract workers.

"Though there is no direct effect on CIL, indirectly there will be an impact," Coal India Director told.

"The additional financial impact due to signing of National Coal Wage Agreement - IX on Coal India Ltd would be Rs 6,500 crore per annum," ...

Over 3.5 lakh coal workers in the country would be benefitted with about 25 per cent hike in gross wages.

Coal India is not expected to raise prices after it finalises a wage increase agreement with its workers later this month, coal minister Sr...

Shares of Coal India Ltd slipped over 3% in trade on Wednesday after the world's largest coal miner is expected not to hike prices after th...

Coal India has agreed in principle to increase wages of workers by 25 per cent, a move that will cost the company around Rs 4,000 crore ext...

Coal India could see its wage costs rise by as much as 19 per cent this fiscal, investment banking major JP Morgan says.

Last week, the Coal India management met the five unions for the first time to negotiate salary hike under the National Coal Wage Agreement.

Four of the five trade unions of mining major Coal India Ltd have placed their wage demand with the management.

Coal India unions have threatened a three-day strike if the company does not raise salaries next month.

A new wage agreement should be worked out before the existing deal lapses on June 30, failing which the unions will call strike.

State-owned Coal India (CIL), the country’s largest coal producer, may increase prices of the fuel from the next financial year due to a 24...