L&T wins multiple orders for construction & mining

The Construction and Mining Equipment business of Larsen & Toubro, India’s leading engineering, procurement and construction projects, manufacturing, defence and services conglomerate, has secured multiple orders for supply of 90 units of Komatsu Mining Equipment from Coal India subsidiaries, leading Infra companies engaged with the Coal sector and customers from the Cement and Iron Ore sectors. Continue Reading

Coal shipment floats high by 15.25% to 29 million tonnes

Coal shipments handled by India’s 12 major state-run ports during April-September rose by 15.25 per cent to 29.29 million tonne (MT), according to a ports’ body. The state-run ports had handled 25.41 MT of coking coal cargo in the corresponding period of the previous fiscal. Continue Reading

Govt to split Coal India into 5 separate firms: Report

The Department of Investment and Public Asset Management, a wing of the Finance Ministry which deals with disinvestment, has proposed listing four of Coal India’s biggest production units as well as its exploration arm, it said. Continue Reading