12/10/2017: MARK TO MARKET: Coal India: higher than expected hike in wages disappoints

Published: 12/10/2017
12/10/2017: MARK TO MARKET: Coal India: higher than expected hike in wages disappoints
Source: EPAPER.LIVEMINT.COM

Coal India Ltd (CIL) has signed its wage hike agreement for five years and analysts aren’t happy about it. The hike is higher than expectations, prompting many analysts to prune their numbers. The total estimated average annual impact is Rs5,667...

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