Crypto miners halt China business after crackdown, bitcoin tumblesBitcoin took a beating after China's crypto-mining ban and is now down nearly 50% from it's all-time high. The latest shakeout in digital c...
Lyft acquires Pune-based startup FinitePathsPune-based startup to close Trail Answers app, cofounders to join team of ride-sharing app.
Congress plays down Kerala minister's letter over alienation concernsSenior leader Ramesh Chennithala has red-flagged party's growing disconnect with people.
UAE, Singapore receive special summit invites from PM ModiTwo relatively small but economically and politically powerful countries — Singapore and United Arab Emirates (UAE) — have been extended sp...
Stock limit to keep prices of kitchen items like onion, potato, pulses in checkHectic deliberations have been held in past couple of days among departments on steps to be taken in storing onion and potato in advance an...
- Coal India Limited defers plans to buy overseas assets
State-run Coal India has put on hold its initiative to acquire foreign assets and has stopped talks with all foreign companies that it had ...
- CIL allowed to buy stakes in unlisted foreign companies
According to a recent finance ministry letter, Coal India will have to adhere to a 12% internal rate of return on all its overseas investme...
- CIL may form JV with USA's Peabody for USD 600 mn mining project
Coal India is in negotiations to pick 15% stake in a JV with US-based coal firm Peabody Energy's USD 600 mn mining project in Australia.
- CIL may buy 15% stake in Peabody's Australia assets for $100mn
Coal India Ltd, the world's largest coal producer, may buy up to a 15% stake in US-based Peabody Energy Corp's Australian assets early next...
- MFs pushing 'Fixed' plans on rate upswing
Fund houses are cashing in on the spike in short-term interest rates by rolling out fixed maturity plans (FMPs) aggressively.
- Coal India net profit grows by 29 per cent at Rs 4,020 cr
Net sales was at Rs 22,525.53 crore, a rise of 16.9 per cent for the first half of the current fiscal as against Rs 19,269.52 cr in the sam...
- 15 i-banks in race to advise Coal India on overseas buys
Citigroup, HSBC, Deutsche Bank and Bank of America Merrill Lynch are among the investment banks that are bidding to be advisors for Coal In...
- Coal India bids for Colombian coal assets
The world's largest coal producer Coal India is learnt to have placed a bid for Colombian assets of US-based Drummond Co, as the PSU looks ...
- Adani in talks with CIL to develop Rs 12k cr Australian mines
Adani Group has started talks with CIL to take on board the state-owned company as a partner for developing Australian mines that it recent...
- CIL may set up power plant to utilise excess coal
The world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the country to utilise excess coal.
- CIL shortlists Peabody, 11 others for sourcing coal
The world's largest coal producer Coal India is learnt to have shortlisted the US-based Peabody Energy and 11 others as possible partners f...
- Three firms shortlisted for CIL's $ 2bn overseas projects
State-owned Coal India Ltd (CIL) has shortlisted US firms Massey Energy and Peabody Energy, besides Indonesian Novem/Sinarma, for a possibl...