Coal India gains on dividend payment for 2012/13

Tue May 21, 2013 2:50pm IST

A labourer loads coal onto a truck at a coal yard on the outskirts of Jammu August 24, 2012. REUTERS/Mukesh Gupta/Files

A labourer loads coal onto a truck at a coal yard on the outskirts of Jammu August 24, 2012.

Credit: Reuters/Mukesh Gupta/Files

Related Topics

Stocks

   

Reuters Market Eye - Shares in Coal India Ltd (COAL.NS) gain 2 percent after its board recommended on Monday a higher-than-expected dividend of 4.3 rupees per share for financial year 2012-13.

Nomura says the final dividend compared with 0.5 rupee per share in the previous fiscal year and is above consensus forecast.

(Reporting by Abhishek Vishnoi)

FILED UNDER:

Reuters Showcase

Uber's Woes

Uber's Woes

Uber, other taxi-hailing apps hit new roadblock in Delhi.  Full Article 

Transfer Pricing

Transfer Pricing

India's Vodafone decision eases tax worries for Shell, others.  Full Article 

Facebook Earnings

Facebook Earnings

Facebook tops Wall Street revenue target in 4th quarter.  Full Article 

Governance Reforms

Governance Reforms

IMF sets June deadline for progress on governance reforms.  Full Article 

Fed's Stance

Fed's Stance

Fed upbeat on U.S. economy, cites strong job gains.  Full Article 

Tumultuous Run

Tumultuous Run

McDonald's CEO Don Thompson leaving.  Full Article 

Samsung Results

Samsung Results

Samsung Elec's smartphone primacy under threat from Apple after weak Q4.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage