Coal India Eyes Dividend Return

05 Nov 2024 CW Team

Coal India Ltd. (CIL) is optimistic about rejoining the list of dividend-paying companies, primarily due to a notable improvement in the performance of its subsidiary, Eastern Coalfields Ltd. (ECL). ECL’s operational efficiency and financial performance have seen considerable progress, contributing positively to CIL’s overall profitability. After missing its dividend payout last year—a rarity given its history as a reliable dividend stock—CIL is working to restore shareholder confidence through enhanced production targets and cost-cutting measures. ECL's focused strategy on boosting production, reducing coal imports, and increasing domestic supply has helped stabilize its financials, creating a more favorable outlook for CIL's overall fiscal health. The company is now aligning its resources and operational practices across other subsidiaries to replicate ECL’s improvements and strengthen dividend viability. Investors are anticipating the potential dividend payout, especially as the firm leverages ECL’s gains and aims for robust coal supply management in the coming quarters.

Infrastructure Transport

08 Oct 2025

Adani Group to Invest Rs 300 Bn in Navi Mumbai Airport Expansion

The Adani Group plans to invest an additional Rs 300 billion to expand the Navi Mumbai International Airport, ahead of its inauguration by Prime Minister Narendra Modi this week. The airport is set to begin operations in December 2025.The group has already invested around Rs 200 billion in developing the greenfield airport and has started design work for the second terminal, which is expected to be commissioned by 2029. Funding for this expansion will come through a mix of debt and equity, while the Maharashtra government holds a 26 per cent stake in the project.Once fully operational, the air..

Manohar Lal to Attend G20 Energy Transitions Meeting in South Africa

Manohar Lal, Union Minister of Power, will participate in the G20 Energy Transitions Ministerial Meeting (ETMM) from 7th to 10th October 2025 in KwaZulu-Natal Province, South Africa, hosted under the South African G20 Presidency. The meeting will bring together energy leaders from major economies to discuss key issues shaping the global energy future.The Minister will attend sessions on “Energy Security, Clean Cooking, Affordable and Reliable Access” and “Sustainable Industrial Development”, aimed at strengthening international cooperation for universal access to affordable, reliable, ..

Cabinet Approves Four Multi-Tracking Rail Projects Adding 894 Km to Network

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved four multi-tracking projects under the Ministry of Railways, with a total estimated cost of Rs 246.34 billion. The projects cover 18 districts across Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh, increasing the existing Indian Railways network by approximately 894 km.Approved Projects:Wardha – Bhusawal: 3rd & 4th line, 314 km (Maharashtra)Gondia – Dongargarh: 4th line, 84 km (Maharashtra & Chhattisgarh)Vadodara – Ratlam: 3rd & 4th line, 259 km (Gujarat & Madhya Prade..