Friday, 9 June 2017

Coal India to save Rs 800-1000 cr by closing 37 unviable underground mines


KOLKATA: Muted coal demand and eroding profitability have forced Coal India to 'production closure' of 37 loss making underground mines in the current fiscal to save between Rs 800 crore to Rs 1000 crore annually.

You can read more here: Coal India to save Rs 800-1000 cr by closing 37 unviable underground mines

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...