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Amid reports of coal shortages in power plants, the government said on Friday it has issued show cause notice to 16 companies for non-achievement of targeted coal production.
Government has issued show cause notices to 16 companies, including NTPC, JSW Steel, Hindalco, Vedanta and Nalco for delays in operating coal blocks
Shares of steel manufacturer Sunflag Iron & Steel have surged 73 per cent so far April. On Tuesday, in an otherwise weak equity market, the steel producer's stocks rose nearly 8 per cent.Upon seeing such a sharp rally in prices, the stock ...
Adani Group bags two out of three commercial coal mines in auction Auctions for three coal blocks concluded on Monday, while five more will undergo auction on Tuesday and Wednesday Adani Group bags coal mines in Maharashtra and Chhattisgarh BusinessToday.In Updated Aug 03, 2021, 10:58 AM IST Adani Group has emerged as the highest bidder for two coal blocks in Maharashtra and Chhattisgarh auctioned for commercial use. Auctions for three coal blocks concluded on Monday, while five more will undergo auction on Tuesday and Wednesday. Gurugram-based South West Pinnacle Exploration was the p...
Read more about Basic materials stocks edge lower on Business Standard. Basic materials stocks were trading in red, with the S&P BSE Basic Materials index decreasing 44.91 points or 0.88% at 5060.85 at 13:49 IST.