State-run coal business’ total production declined 3.1% against the previous year in the month of March to 85.80 MT.
Here are some of the stocks that may see significant price movement today: Hindalco Industries, Coal India, Shriram Finance, etc.
Coal India has a 51% stake in the new entity with an investment of ₹51,000 and GAIL owns the remaining 49% with an investment of ₹49,000.
As per this two year contract, MSTC will provide e auction service in connection with conducting online auctions of coal and coal products in CIL and its subsidiaries.
MSTC, in a regulatory filing, has confirmed the contract, saying that it would conduct e-auctions of coal and coal-based products for CIL and its coal companies.
The partnership will mainly concentrate on the establishment of pumped-storage hydropower projects, and other renewable energy initiatives, in India and adjacent countries.
Here are some of the stocks that may see significant price movement today: Coal India, Tata Steel, Bajaj Housing Finance, etc.
The partnership looks at developing and bolstering capabilities within the sectors, which depend primarily on the listed critical minerals in critical areas, namely, defence and renewable energy besides electronics.
The project will generate around 16,000 jobs that will enhance the employment of local people and benefit the community as well.
This collaboration leads towards diversification of use of coal and enhanced energy security for India.
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