CIL boosts exchequer with Rs 60.14 bn

18 Apr 2024 CW Team

Coal India Limited (CIL) has bolstered the national exchequer with a significant financial contribution, amounting to ?60.14 billion in the fiscal year 2023-24. This figure represents a noteworthy 6.4% increase compared to the previous fiscal year, showcasing the company's continued growth and commitment to economic progress. As one of the largest coal producers globally, CIL plays a crucial role in India's energy sector and overall economic landscape. Its sustained financial contribution underscores the company's dedication to supporting national development initiatives and fulfilling its corporate responsibilities. The increase in revenue signifies both operational efficiency and market demand, reflecting positively on CIL's strategic management and adaptability in dynamic business environments. Furthermore, this financial injection into the exchequer bodes well for government initiatives and public welfare programs, potentially fuelling further socio-economic development across the nation. CIL's consistent performance highlights its position as a key player in India's industrial landscape, contributing not only to energy security but also to the country's revenue generation and economic stability. This milestone achievement reinforces CIL's status as a reliable partner in nation-building efforts, aligning its corporate objectives with broader developmental goals. With its continued focus on sustainable practices and technological innovation, CIL is poised to further enhance its operational efficiency and financial performance, thus continuing to make significant contributions to both the economy and society at large.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..