Coal India to take first unit public with consultancy firm IPO
Coal India will sell as much as 10% of its holding in Central Mine Planning & Design Institute Ltd.
Don't worry, Warren Buffet, who spent $26.5 billion on acquiring Burlington Northern Santa Fe railroad and Union Pacific Corp., is weathering the coal downturn by switching to oil and gas made plentiful by the hydraulic fracturing glut. Bloomberg has the story. Union Pacific’s shale...
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