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COAL INDIA : Board say ‘No to price pooling mechanism’

The management of Coal India failed to convince its board of directors on the feasibility of a price pooling mechanism to fulfil its proposed supply commitments to power plants commissioned since April 2009. Opposing the...

TCI may initiate legal action against Coal India

Failing to protect the interest of minority shareholders Coal India Ltd may face legal action from UK-based hedge fund TCI. TCI is protesting very strongly against Fuel Supply Agreement (FSA) which commits Coal supply by...

 

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