coal india

India is blessed with abundant coal but it has not always made best use of this resource. It could be time to imitate China’s mining prowess.

The government raises $912 million through India's largest block deal this year.

The deal, which included a $260 million sell-down by the government, is priced at the top of the range after being 6.7 times covered.

The country's largest ever IPO raises $3.46 billion and pushes the volume of government share sales year-to-date to $8.3 billion.

The government-owned coal producer attracts demand for one-third of the up to $3.46 billion offering on day one.