New Delhi, March 21 (IANS) The government on Saturday said that raids continue to be carried out in many of the states and Union Territories (UTs) to check the hoardings and black marketing of LPG.More than 3,500 raids have been conducted and around 1,400 cylinders have been seized in Uttar Pradesh, Telangana and Maharashtra, etc.“All the States/UTs governments are requested to conduct regular raids so that black marketing and hoardings can be arrested,” said Petroleum Ministry.PSU oil marke…
Latest Coal India News & Updates
New Delhi, March 19 (IANS) Instances of cyber fraud related to LPG bookings have been reported from some states as fraudsters are attempting to exploit the situation by sending malicious files such as “GAS BILL UPDATE APK” via messaging platforms such as WhatsApp to mislead consumers, according to an official statement issued on Thursday.Users are advised not to download or install any suspicious files or applications received through messages, as these may enable unauthorised access to pers…
New Delhi, March 19 (IANS) Engineering giant Bharat Heavy Electricals Limited (BHEL) said on Thursday it will invest up to Rs 3,064.46 crore as equity into Bharat Coal Gasification and Chemicals Ltd. (BCGCL), according to an exchange filing.BHEL’s contribution will be spread over four years, into the Joint Venture Company of BHEL and Coal India with equity shareholding of 49 per cent and 51 per cent respectively.The JV’s initial objective is to undertake chemicals business through setting up a…
Mumbai, Feb 1 (IANS) Indian stock markets witnessed a sharp fall on Budget Day as investors reacted negatively to the government’s decision to raise the Securities Transaction Tax (STT) on futures and options trading.The benchmark indices Sensex and Nifty recorded their biggest Budget-day decline in six years, with both ending around 2 per cent lower in a special trading session held on February 1.By the end of the session, the Sensex closed at 80,723, while the Nifty settled at 24,825, losing…
Mumbai, Jan 28 (IANS) Indian equity benchmark indices Sensex and Nifty ended Wednesday’s session with modest gains, managing to stay in the green despite sharp volatility through the day. Investor sentiment was influenced by December-quarter earnings announcements and the finalisation of the India–European Union Free Trade Agreement.The Sensex closed at 82,345, rising 487 points, or 0.60 per cent. During the session, the index moved between a high of 82,504 and a low of 81,815 as markets swu…
Mumbai, Jan 14 (IANS) The Indian benchmark indices traded flat with a mild negative bias on Wednesday amid fears of disruption to Iranian crude exports and sustained FII outflows.As of 9.25 am, Sensex slipped 74 points, or 0.09 per cent to 83,552 and Nifty eased 12 points, or 0.05 per cent to 25,719.Main broad-cap indices showed slight divergence with benchmark indices, with the Nifty Midcap 100 unchanged, while the Nifty Smallcap 100 added 0.48 per cent.ONGC, Coal India and NTPC were among majo…
New Delhi, Jan 9 (IANS) State-owned Bharat Coking Coal (BCCL), a subsidiary of Coal India, opened its initial public offering (IPO) for bidding on Friday, with issue being fully subscribed within 30 minutes.Grey market premiums on multiple platforms showed the premium at Rs 11, suggesting a potential listing around Rs 34 and an estimated listing gain of about 47.83 per cent (as of 1.05 pm).The country’s largest coking coal producer, BCCL’s IPO which is the first mainboard public issue of 2026 …
Mumbai, Jan 3 (IANS) State-owned Bharat Coking Coal, a subsidiary of Coal India, has filed its Red Herring Prospectus with the Registrar of Companies to launch its Initial Public Offering on January 9, marking the first mainboard IPO of the new year 2026.The public issue will be entirely an offer-for-sale of 46.57 crore equity shares by its promoter Coal India.There is no fresh issue component, which means the company itself will not receive any funds from the IPO.All proceeds from the issue wil…
New Delhi, Jan 2 (IANS) The Indian equity markets touched record highs on Friday, led by strong buying in the metal, FMCG and auto stocks.At the close of trade, the Sensex gained 573 points, or 0.67 per cent, to settle at 85,762. The Nifty, meanwhile, advanced by 182 points, or 0.70 per cent, to close at 26,328.Nifty hit a record high at 26,330 earlier in the day. Its previous high was 26,325. Bank Nifty also surged to a fresh all-time high of 60,152.35, driven by continued strength in the banki…
Mumbai, Dec 24 (IANS) Coal India shares rose about 3 per cent on Wednesday after the company’s board gave in-principle approval to list two of its subsidiaries — Mahanadi Coalfields Limited (MCL) and South Eastern Coalfields Limited (SECL). The positive development boosted investor sentiment around the PSU stock.In morning trade on Wednesday, Coal India shares climbed to Rs 412.40 apiece, marking their highest level in the last seven months.With this move, the stock extended its rally for the…