Coal India board Appoints CMD B Sairam as Chief Executive Officer

29 Dec 2025 CW Team

The board of Coal India (CIL), the country’s largest coal producer, has approved the appointment of Chairman-cum-Managing Director (CMD) B Sairam as the company’s Chief Executive Officer (CEO), consolidating top-level leadership at a time when the miner is pursuing ambitious production goals.

The decision was taken at a board meeting held on Friday and is aimed at ensuring sharper decision-making and operational agility at the Maharatna public sector undertaking, which accounts for more than 80 per cent of India’s domestic coal production.

Sairam’s dual role as CMD and CEO assumes significance as Coal India intensifies efforts to achieve a production target of 875 million tonnes in 2025–26, while simultaneously navigating diversification into critical minerals and improving operational efficiencies across its subsidiaries.

“The board of CIL at its meeting held on December 26, 2025 has inter alia appointed B Sairam, Chairman-cum-Managing Director (CMD), as Chief Executive Officer (CEO) of CIL,” the company said in a filing to the BSE.

Before taking charge as CMD of Coal India, Sairam served as CMD of Northern Coalfields (NCL), a wholly owned subsidiary of CIL. During his tenure at NCL, he was involved in driving production growth and strengthening project execution.

Earlier, he was Director (Technical) at Ranchi-based Central Coalfields (CCL), where he played a key role in the development of coal logistics infrastructure, implementation of first-mile connectivity projects, and securing forest and environmental clearances for mining operations, the PSU said.

Industry observers see the leadership consolidation as aligned with the Centre’s broader push for streamlined governance and faster execution in strategic energy sector companies, especially as Coal India balances production expansion with sustainability, logistics modernisation and diversification initiatives.

News source: The New Indian Express

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..