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Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Karnataka revises liquor prices. Check latest new rates in Bengaluru and other areasKarnataka has implemented a new Alcohol-in-Beverage (AIB)-based excise duty system, resulting in updated liquor prices statewide. The excis...
- Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
- Centre allows 100% FDI in insurance via auto route"Foreign investment in this sector shall be subject to compliance with the provisions of the Insurance Act, 1938(4 of 1938), and the condit...
- Dyson HushJet Purifier Compact review: Designed for modern indoor air needsThe Dyson HushJet Purifier Compact is a premium air purifier designed for India’s worsening urban air quality, combining a compact, redesig...
- Coal offtake under watch as industry builds stocksCoal India Ltd supplies coal to state nodal agencies which mainly cater to small and medium-sector consumers, such as brick kilns and other...
- Informal sector steps up coal stocking over price concernsCoal prices have risen internationally and percolated to the free market rates for coal clocking a premium of 10-15% over the usual rates d...
- Govt in talks to revamp SHAKTI policy for coal linkage processThe government is considering overhauling the Scheme for Harnessing and Allocating Koyala Transparently in India (SHAKTI) policy. Under the...
- Coal India to increase e-auction offerings to 15%In the three quarters till end-December 2019, the company had offered about 12% of its production for auctions. Spot auction offers account...
- Coal India fetches 62% premium at spot auctions in OctoberFor the period Apr-Oct, the company managed to command a premium of 67% over its notified prices on an average. At special forward e-auctio...
- Coal India fetches 82% premium over notified price in e-auctionAt special forward e-auction for the power sector, Coal India managed to sell coal at a premium of 27% over notified prices in September. F...
- First quarter e-auction premiums for Coal India up 66%Going forward, if Coal India diverts more coal to power plants, then possibility of a rise in spot e-auction premiums cannot be ruled out.
- CIL gets 27% higher price in auction for cement producers“Notified prices for the non-power sector including cement are 20% higher than the power sector. Thus, premiums fetched at the current auct...
- CIL earns 39% premium on 6.38 mt auctioned coalThat is because the average price realised at the auction was Rs 1,955.8 per tonne, while the average notified price of the coal on offer w...
- Association of Power Producers asks Power Ministry to take issue of Coal India Ltd charging premium to CabinetTerming charging of premium over CIL notified price from power producers as "discriminatory", APP has asked the Power Min to discuss it wit...
- Advise CIL to supply fuel at notified price: Power Ministry to Coal MinistryIn addition, coal companies (CIL subsidiaries) are charging project developers 40 per cent premium over CIL notified price for supply of co...
- Coal India offers more coal through e-auction, reduces premiumIn an effort to increase supply in the market, Coal India has decided to sell 15 million tons of coal through e-auction this month and redu...
- Coal India switches to e-booking mechanismCoal India (CIL) has decided to replace its e-auction system with a new ‘e-booking’ mechanism.
- CIL to replace e-auction system with 'e-booking'Under the new mechanism, coal will be priced at 30% premium over its notified prices. Linked and non-linked consumers are free to bid.
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