Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
01 April, 2015 19:56 IST
Break up Coal India into independent units: FICCI
Source: IRIS | 20 Nov, 2012, 09.26AM
Comments  |  Post Comment

Industry chamber FICCI on Wednesday called for the opening up of the coal sector and the breaking up of state-owned Coal India into several independent units.

''Coal sector should become more competitive and CIL should be broken up into several units,'' R.V. Kanoria, president, FICCI, said after its national executive committee meeting here in the city.

''A graduated and controlled break up of CIL will create competition,'' he added.

According to Kanoria, the government should consider introducing management contracts in the coal sector.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Reliance MF buys 1.07 mn shares in INOX Leisure - 01-Apr-2015 19:37
Piramal sells clinical research division to Indoco - 01-Apr-2015 19:14
SBI approves Rs 29.70 bn preferential allotment of shares to govt - 01-Apr-2015 19:04
Orient Bell to acquire 19.5% equity stake in Gujarat Co - 01-Apr-2015 19:03
SJVN signs MoU with Ministry of Power - 01-Apr-2015 18:58
NTPC authorizes Muzaffarpur thermal power station - 01-Apr-2015 18:47
Sun Pharma settles litigation for generic Angiomax in US - 01-Apr-2015 18:41
TVS Motor March sales grow 7% - 01-Apr-2015 18:30
Tata Motors sales rise 3% in March - 01-Apr-2015 18:22
ONGC Energy Centre gets US Patent on Hydrogen generation process - 01-Apr-2015 18:18
Bharat Electronics registers sales turnover growth of 8% in FY15 - 01-Apr-2015 15:25
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer