TCIL Narrows Q2 Net Loss

18 Oct 2023 CW Team

The Tin Plate Company of India Ltd (TCIL) announced a narrower net loss of Rs 22.9 million for the September quarter, a significant improvement compared to the Rs 351 million loss in the same period last year, as disclosed in a regulatory filing. The company's total income saw a slight decline from Rs 9.7177 billion to Rs 9.5995 billion in the year-on-year comparison.

During the first quarter of the current fiscal year, TCIL managed to reduce its expenses from Rs 10.1 billion in the previous year to Rs 9.63 billion. TCIL, headquartered in Kolkata and a prominent tinplate producer, is primarily under the ownership of Tata Steel, a major player in the Indian steel industry.

Infrastructure Energy

08 Sep 2025

NLCIL Mines Win Top Honours in 2023–24 Star Ratings

NLC India Limited (NLCIL), a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, has once again cemented its position as a leader in sustainable and responsible mining, with all five of its operating mines receiving prestigious Star Ratings for 2023–24 from the Ministry of Coal.The Star Rating scheme, introduced in 2019, evaluates mines across seven key parameters, including operational efficiency, environmental stewardship, safety, technological adoption, rehabilitation, and worker welfare. Since the inception of the framework, NLCIL has ensured 100 per cent partici..

GST on Coal Raised to 18 per cent, Compensation Cess Removed

The Goods and Services Tax (GST) Council has approved a hike in the GST rate on coal and lignite from 5 per cent to 18 per cent, while simultaneously removing the additional compensation cess of Rs 400 per tonne, previously levied at 40 per cent. The decision, taken on 3 September, is expected to rationalise the tax structure without raising the overall cost burden on power producers or consumers.According to a statement from the Union government, the move is unlikely to impact electricity prices, as the tax adjustment is designed to be revenue-neutral for buyers. The removal of the cess is ex..

SCCL Mines Win 5-Star National Awards for Excellence

Singareni Collieries Company Limited (SCCL) has been awarded 5-Star ratings at the national level for four of its coal mines for the last financial year, recognising the company’s excellence in sustainable mining, safety, and operational practices.The honoured mines include:RG OC-1 Extension from the Ramagundam-3 AreaJK-5 OC from the Yellandu AreaRK-6 Underground Mine and RK-Newtech Mine from the Srirampur AreaThese awards were presented during the 5-Star Rating Awards Ceremony held in Mumbai, where SCCL Chairman and Managing Director N. Balram received the accolades from Union Minister for ..