3 June 2019: Owing to a delay in the finalisation of overburden removal contracts and land issues, Coal India’s production during May this year, fell by 1.1 per cent to 46.59 million tonnes (mt) as the miner was able to… Read More ›
Coal India
BS: Coal India posts record 362.46% rise in Q4 profit; net revenue jumps 7.53%
30 May 2019: A drastic reduction in employee benefit expenses apart from other operational efficiencies backed by higher price realisations, helped Coal India post a record increase of 362.46 per cent in its net profit at Rs 6,024.23 crore for… Read More ›
BS: NCLAT quashes NCLT order against ECL
14 February 2019: The National Company Law Appellate Tribunal (NCLAT) has set aside the National Company Law Tribunal (NCLT) Kolkata bench’s order to start insolvency proceedings against Eastern Coalfields (ECL), a subsidiary of Coal India, said an official on Thursday. The state-run miner had moved the NCLAT challenging the order. … Read More ›
WEEKEND EQUITY UPDATE: 18 AUGUST 2012 – 19 AUGUST 2012
ASIA Prices of new homes in China rose in 49 of the 70 cities in July over the previous month’s data. The cutting of interest rates, improved sentiment and incentives for new home buyers weighed in on the data. Prices… Read More ›
EQUITY UPDATE – 13 AUGUST 2012
INDIA According to RBI Governor D. Subbarao, domestic factors could have accounted for the economic slowdown in India. The varying severity of the global crisis meant that the central bank had limited options at its disposal to respond. Declining investments… Read More ›
WEEKEND EQUITY UPDATE: 10 – 12 AUGUST
In a shortened trading week in the Indian markets on account of Independence Day on 15th August, key events to watch out for are: 1- India Inflation data 2 -Earnings: Tata Steel, Hindalco, Reliance Infra and Coal India among the… Read More ›
EQUITY UPDATE – 9 AUGUST 2012
ASIA Cathay Pacific Airways Ltd – Co. reported its 1HY12 results at a loss of HKD 935 m (USD 121 m) vs exp. Profit of HKD 490 m vs. profit of HKD 2.8 b a year ago, on lower freight… Read More ›
EQUITY UPDATE – 8 AUGUST 2012
INDIA Rating agency CRISIL reduced it’s forecast for India’s GDP growth in FY12-13 to 5.5 percent from 6.5 percent. Rainfall deficiency and the worsening of the Euro zone crisis are the major factors which could affect GDP, it cited. The… Read More ›
WEEKEND EQUITY UPDATE: 4 AUGUST 2012 TO 5 AUGUST 2012
INDIA FII’s investing through the Mauritius route has exited their holdings in about 24 Indian companies in FY12 on a YTD basis. Co.’s such as Yes Bank, Axis Bank, Bajaj Hindustan all saw selling pressure from the FII’s who have… Read More ›
DAILY MARKET REPORT – 2 AUGUST 2012
The markets ended lower in a range bound trading session on lack of any significant global economic data. As we covered earlier, investors would await the decision taken by ECB President Mario Draghi on benchmark interest rates. Yesterday, the U.S… Read More ›
