Coal India reported a 53% rise in quarterly net profit to 65.16 billion rupees, missing analyst estimates due to rising operational costs despite robust demand from power generation.
Coal India is establishing its first overseas trading office in Singapore to diversify into iron ore and critical minerals like lithium and bauxite. The state-run miner aims to secure overseas assets
Coal India is considering acquiring a unit of Canada's Wealth Minerals to secure lithium assets in Chile, aiming to bolster its critical mineral reserves for energy storage and EV batteries. The trans
Coal India expects a marginal 1% drop in first-quarter profit driven by soaring costs for explosives and diesel amid regional conflict. Despite strong sales growth, elevated inventory levels persist a
India plans measures to attract foreign capital through bond market reforms and asset privatizations, including Coal India. Meanwhile, fertilizer subsidies increase due to rising crude oil prices.
State-run Coal India has ordered subsidiaries to boost coal dispatches as record power demand strains the grid during a severe heatwave. Twenty-one power plants face critically low stock levels, raisi
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