Coal India to List Subsidiaries Bharat Coking Coal and CMPDI Soon

23 May 2025 CW Team

Coal India is set to begin the process of listing two of its subsidiaries—Bharat Coking Coal Limited (BCCL) and Central Mine Planning and Design Institute (CMPDI). Draft papers are expected to be filed soon, according to Debasish Nanda, Director of Business Development at Coal India.

Speaking at the CII Mining and Construction Equipment Summit, Nanda said the company is preparing to file the Draft Red Herring Prospectus (DRHP). The appointment of the Book Running Lead Manager for the initial public offering (IPO) has already been completed.

The timing of the listings will depend on favourable market conditions, and Coal India is working on finalising all necessary regulatory processes.

This move is part of Coal India’s broader strategy to monetise its subsidiaries and unlock value for shareholders.

Source: BL New Delhi Bureau

Infrastructure Urban

13 Oct 2025

Blue Dart Unveils 10-Minute Digital Account Opening

Blue Dart Express has introduced its new Digital Account Opening (DAO) platform, enabling businesses across India to open shipping accounts and begin operations within just 10 minutes. The platform features a five-step digital onboarding process, allowing companies to register, complete KYC verification, sign agreements, and recharge prepaid cards quickly and securely. Through the DAO Journey, users can create a profile, select a suitable plan, complete Aadhaar-enabled digital signing, and immediately start shipping with a Digital Prepaid Card. All account activities are tracked in real time..

Jharkhand Forms Teams to Modernise Urban Infrastructure

The Jharkhand Urban Development Department has constituted multiple expert teams to plan, assess, and modernise urban infrastructure across the state’s cities and towns, an official said on Thursday. The initiative aligns with Chief Minister Hemant Soren’s vision to position Jharkhand among India’s leading states in the field of advanced and sustainable urban development. The teams have been tasked with identifying existing infrastructure gaps and proposing new projects to promote stable and long-term growth. According to Sunil Kumar, Principal Secretary of the Urban Development and Ho..

Kerala CM Seeks Rs 22 Billion NDRF Aid, AIIMS Nod from PM

Kerala Chief Minister Pinarayi Vijayan met Prime Minister Narendra Modi in New Delhi on Friday, seeking urgent financial and policy support for the state. The Chief Minister requested the release of the Rs 22.21 billion National Disaster Response Fund (NDRF) grant for Wayanad landslide reconstruction and pressed for immediate approval to establish an AIIMS at Kinaloor, Kozhikode. “Called on the Hon’ble Prime Minister Narendra Modi Ji and requested the urgent release of the full Rs 22.21 billion NDRF grant for Wayanad landslide reconstruction. Also urged immediate approval for establishing..