Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Maharatna firm Coal India Ltd today reported a 64 per cent jump in the consolidated net profit at Rs 4,143 crore for the first quarter ended June 30. The company had posted a consolidated net profit of Rs 2,525 crore in the April-June period of 2010