Business Standard

CIL may hike price in April-June to offset wage cost

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Reuters Mumbai

State-run Coal India may increase prices in the first quarter of the next fiscal that starts in April to offset the wage raise, coal secretary Alok Perti said.

Coal India has no plans to buy back shares as of now, Perti said.

Coal India meets 80% of the country's coal requirement.

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First Published: Mar 13 2012 | 12:33 PM IST

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