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Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
 The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
Coal India trade unions have deferred the day-long strike scheduled for Tuesday with the Centre extending the bid due date for the auction of coal blocks for commercial mining, a trade union leader said on Monday.
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
“The five trade unions have unanimously decided to defer the strike,” Nathulal Pandey, the president of HMS-affiliated Hind Khadan Mazdoor Federation said.
The earlier bid due date was August 18. According to the revised schedule, the bid due date is now September 29.
The electronic auction will be conducted for the qualified bidders from October 19- November 9.
Pandey said the unions will meet soon and decide the future course of action.
CIL had earlier said the five trade unions of Coal India had served notice for a day-long strike on August 18 and that efforts would be made to avert the stir.
The unions had observed a three-day strike from July 2 to protest against commercial mining of coal.
According to CIL, it managed to clock an average daily production of 44 per cent and average attendance of nearly 36 per cent during the three-day strike period.
Coal India accounts for over 80 per cent of domestic coal output.
Source: PTI
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Monday, 29 June 20
ULTRAMAX: A 58,000 FIXING DELIVERY SINGAPORE TRIP, VIA EAST COAST INDIA, REDELIVERY CHINA IN THE LOW $12,000S - BALTIC BRIEFING
Capesize
As the halfway mark of 2020 arrives, the capesize market is making new highs for the year. From persistent lows earlier caused by a ba ...
Saturday, 27 June 20
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Friday, 26 June 20
WHAT TODAY'S BAILOUTS CAN DO FOR TOMORROW'S ECONOMIES - WORLD ECONOMIC FORUM
The COVID-19 crisis provides an opportunity for governments to build fairer, more sustainable and more resilient economies.
Governments a ...
Thursday, 25 June 20
ALL YOU WANT TO KNOW ABOUT COAL MINE AUCTIONS - THE HINDU BUSINESS LINE
Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announc ...
Wednesday, 24 June 20
MARKET INSIGHT - INTERMODAL
The World Bank estimates that the global economy will fall by 5.2% this year, underlining that the Covid-19 pandemic has had rapid and massive cons ...
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- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
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