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FinMin asks rich PSUs to buy its equity in other govt cos       22nd-May-2013
Finance Ministry has asked PSUs regarding capex plans. It has informed them that if they do not have sufficient plans then they should buyback government share or pay higher dividend.
Coal India earnings may beat estimates: StarMine       17th-May-2013
Forecasts by top-rated analysts, expects Coal India to report a profit of Rs 5290 crores for the quarter.
Govt may appoint 6-7 merchant bankers for CIL stake sale       10th-May-2013
According to a government official there is a proposal to appoint 6-7 merchant bankers to manage Coal India stake sale.
IMG agrees on 10% stake sale in Coal India       9th-May-2013
Government has approved 10 percent stake sale in Coal India, which will fetch over Rs 17,000 crore, however the mode of disinvestment of the PSU was not decided.
SC seeks response from Goa on Sesa's export plea       9th-May-2013
The Supreme Court has now sought response from the state government on a plea filed by Sesa Goa seeking permission to sell its iron ore stock lying at various sites in Goa. The case will now come up for hearing in July
Govt keen to offload stake in Coal India by September        8th-May-2013
The government is in final stages of finalising process for share sale in state miner Coal India. The government has aimed to raise around Rs 40000 crore from stake sale in various state firm of which Coal India would make up for more than 50 percent.
JP Morgan overweight on NMDC, stock up 2%       6th-May-2013
State-owned iron ore producer NMDC shares rose more than two percent Monday after the brokerage house JP Morgan said that it is overweight on the stock with a target price of Rs 180.
NMDC keeps ore price unchanged in May       4th-May-2013
State-run miner NMDC’s board has decided to keep iron ore price unchanged for the month and will continue to sell iron ore lumps in the range between Rs 4500-Rs 4700 per tonne, while fines are being sold at Rs 2,610 per tonne.
Cash pile of major PSUs at Rs 1.62 lakh cr in 2012-13       3rd-May-2013
Cash pile of major PSUs like CIL, ONGC and others at Rs 1.62 lakh cr in 2012-13.India's 17 major public sector entities including CILBSE 0.28 %, ONGC, NMDCBSE -0.51 % and OIL had over Rs 1.62 lakh crore in cash reserves during 2012-13, Parliament was
Australian firms show interest to develop Coal India mines       30th-Apr-2013
Two Australian companies have evinced interest in developing Coal India's opencast mines while four British and Chinese companies have been selected for developing the PSU's four underground mines, the government today said.
CIL to supply coal to pre-2009 projs on domestic prices       29th-Apr-2013
State-owned Coal India Ltd (CIL) will continue supplies at domestic prices to power projects commissioned before 2009, while the post-2009 plants, which have signed power purchase agreements (PPAs) with producers, will get the dry fuel largely at cost
Power cost may rise, move on coal pooling poor: Feedback         25th-Apr-2013
The Cabinet Committee on Economic Affairs (CCEA) has shelved coal price pooling. Vinayak Chatterjee, chairman, Feedback Infrastructure, thinks this as a very disappointing move.
Coal price pooling hard to put in practice: ex-CIL CMD         25th-Apr-2013
Speaking to CNBC-TV18, former CMD of Coal India Limited, Partha S Bhattacharyya said there is a vast difference in the the quality of Indian coal and that of international coal, which makes price pooling proposal difficult to implement.
Problem for NMDC is ore evacuation, not production: CMD         23rd-Apr-2013
CS Verma, CMD, NMDC & SAIL, says that the company has set a production target of 27.4 million tonne for FY14, which indicates minimal growth going ahead.
UBS upgrades NMDC to neutral, shares extend gains       23rd-Apr-2013
Country's largest iron ore producer NMDC rose one percent on Tuesday after the research house UBS has upgraded the stock to neutral with a target price of Rs 135.

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SpiceJet narrows March quarter loss... May 24
Crompton Greaves Q4 net plunges 75%... May 24
eClerx Q4 Net up 58% at Rs 48.16 cr... May 24
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SpiceJet likely to post Q4 net loss... May 24
Crompton Q4: Analysts expect 30% fa... May 24
Factors that will impact JSW Steel'... May 23
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Hotel Leela plans to cut down debt ... May 24 Watch Video
Hopeful of maintaining profit from ... May 24 Watch Video
JSW Steel confident of 9-10% growth... May 23 Watch Video
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Tata Steel may not maintain Q4 EBIT... May 24 Watch Video
Tata Steel stock gains: How brokera... May 24
How to play SBI after Q4 results mi... May 23 Watch Video
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Indian pharmas gain on N America bo... May 09 Watch Video
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Buy Reliance Infra; target of Rs 64... May 24
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Buy Entertainment Network: Ventura... May 24
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Dip in Q4 net fails to dent L&T's m... May 22 Watch Video
Excise duty, higher input costs hur... May 21 Watch Video
We will refocus on growth in 2013-1... May 13 Watch Video
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