Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | 26% profit sharing to help increase production: Coal India    </title>
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-The Business Standard 


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Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.

&quot;The proposal had some impact on the stocks. But,..."/>
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-The Business Standard 


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Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.

&quot;The proposal had some impact on the stocks. But,..." />
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                            <div align="justify">-The Business Standard <br /></div><div align="justify">&nbsp;</div><div align="justify">Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.<br /><br />&quot;The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production,&quot; Coal India Chairman NC Jha said.<br /><br />Coal India, the country's largest coal miner, is expected to receive the hardest blow among miners when the Bill will become an Act.<br /><br />The ministerial panel, led by Finance Minister Pranab Mukherjee, has also approved 100% sharing of royalty by non-coal miners with people affected by their projects.<br /><br />Jha said that the rise in volume would help mining firms to ensure a hike in margin and hoped the same would continue at the current level in the days to come even after additional outgo as proposed in the Bill, which is likely to tabled in the ensuing monsoon season of Parliament.<br /><br />The mining pack on the Bombay Stock Exchange witnessed a sharp fall following the Group of Minister's announcement of the proposal on July 7. At close on Friday, Coal India shares were 1.5% lower at Rs 387.95. Sesa Goa stock fell by 6.49%.<br /><br />Mining firms, however, are yet to digest the proposal. Various attempts are being made by industry bodies to dissuade the government from tabling the bill in its current form.<br /><br />Miners body Federation of Indian Mineral Industries said non-coal miners' bottomline may shrink by around Rs 10,000 crore as a fallout of the 100% royalty sharing provision made in the proposed Bill.<br /><br />A member of Ficci's mining committee, Anand Goel, said the impact of 26% profit sharing for coal and 100% royalty sharing with the project affected people for non-coal miners would amount to Rs 15,000 crore annual payment for the mining firms.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on" class="re" target="_blank">The Business Standard, 31 July, 2011, http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on</a><div class="clear"></div>
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Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.

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-The Business Standard 


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Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.

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    <h1 class="cat-box-title">26% profit sharing to help increase production: Coal India</h1>
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                            <div align="justify">-The Business Standard <br /></div><div align="justify">&nbsp;</div><div align="justify">Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.<br /><br />&quot;The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production,&quot; Coal India Chairman NC Jha said.<br /><br />Coal India, the country's largest coal miner, is expected to receive the hardest blow among miners when the Bill will become an Act.<br /><br />The ministerial panel, led by Finance Minister Pranab Mukherjee, has also approved 100% sharing of royalty by non-coal miners with people affected by their projects.<br /><br />Jha said that the rise in volume would help mining firms to ensure a hike in margin and hoped the same would continue at the current level in the days to come even after additional outgo as proposed in the Bill, which is likely to tabled in the ensuing monsoon season of Parliament.<br /><br />The mining pack on the Bombay Stock Exchange witnessed a sharp fall following the Group of Minister's announcement of the proposal on July 7. At close on Friday, Coal India shares were 1.5% lower at Rs 387.95. Sesa Goa stock fell by 6.49%.<br /><br />Mining firms, however, are yet to digest the proposal. Various attempts are being made by industry bodies to dissuade the government from tabling the bill in its current form.<br /><br />Miners body Federation of Indian Mineral Industries said non-coal miners' bottomline may shrink by around Rs 10,000 crore as a fallout of the 100% royalty sharing provision made in the proposed Bill.<br /><br />A member of Ficci's mining committee, Anand Goel, said the impact of 26% profit sharing for coal and 100% royalty sharing with the project affected people for non-coal miners would amount to Rs 15,000 crore annual payment for the mining firms.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on" class="re" target="_blank">The Business Standard, 31 July, 2011, http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on</a><div class="clear"></div>
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        LATEST NEWS UPDATES | 26% profit sharing to help increase production: Coal India    </title>
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-The Business Standard 


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Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.

&quot;The proposal had some impact on the stocks. But,..."/>
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-The Business Standard 


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    <h1 class="cat-box-title">26% profit sharing to help increase production: Coal India</h1>
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                            <div align="justify">-The Business Standard <br /></div><div align="justify">&nbsp;</div><div align="justify">Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production.<br /><br />&quot;The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production,&quot; Coal India Chairman NC Jha said.<br /><br />Coal India, the country's largest coal miner, is expected to receive the hardest blow among miners when the Bill will become an Act.<br /><br />The ministerial panel, led by Finance Minister Pranab Mukherjee, has also approved 100% sharing of royalty by non-coal miners with people affected by their projects.<br /><br />Jha said that the rise in volume would help mining firms to ensure a hike in margin and hoped the same would continue at the current level in the days to come even after additional outgo as proposed in the Bill, which is likely to tabled in the ensuing monsoon season of Parliament.<br /><br />The mining pack on the Bombay Stock Exchange witnessed a sharp fall following the Group of Minister's announcement of the proposal on July 7. At close on Friday, Coal India shares were 1.5% lower at Rs 387.95. Sesa Goa stock fell by 6.49%.<br /><br />Mining firms, however, are yet to digest the proposal. Various attempts are being made by industry bodies to dissuade the government from tabling the bill in its current form.<br /><br />Miners body Federation of Indian Mineral Industries said non-coal miners' bottomline may shrink by around Rs 10,000 crore as a fallout of the 100% royalty sharing provision made in the proposed Bill.<br /><br />A member of Ficci's mining committee, Anand Goel, said the impact of 26% profit sharing for coal and 100% royalty sharing with the project affected people for non-coal miners would amount to Rs 15,000 crore annual payment for the mining firms.</div>                                                           
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    <br><a href="http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on" class="re" target="_blank">The Business Standard, 31 July, 2011, http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on</a><div class="clear"></div>
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26% profit sharing to help increase production: Coal India

Published on Jul 31, 2011   Modified on Jul 31, 2011

-The Business Standard   Allaying miners' apprehensions, Coal India today said the 26% profit sharing clause in the proposed Mines and Minerals (Development and Regulation) Act will help mining firms ensure more production. "The proposal had some impact on the stocks. But, people have now realised that with this, land availability will go up and with that, production," Coal India Chairman NC Jha said. Coal India, the country's largest coal miner, is expected to receive the hardest blow among miners when the Bill will become an Act. The ministerial panel, led by Finance Minister Pranab Mukherjee, has also approved 100% sharing of royalty by non-coal miners with people affected by their projects. Jha said that the rise in volume would help mining firms to ensure a hike in margin and hoped the same would continue at the current level in the days to come even after additional outgo as proposed in the Bill, which is likely to tabled in the ensuing monsoon season of Parliament. The mining pack on the Bombay Stock Exchange witnessed a sharp fall following the Group of Minister's announcement of the proposal on July 7. At close on Friday, Coal India shares were 1.5% lower at Rs 387.95. Sesa Goa stock fell by 6.49%. Mining firms, however, are yet to digest the proposal. Various attempts are being made by industry bodies to dissuade the government from tabling the bill in its current form. Miners body Federation of Indian Mineral Industries said non-coal miners' bottomline may shrink by around Rs 10,000 crore as a fallout of the 100% royalty sharing provision made in the proposed Bill. A member of Ficci's mining committee, Anand Goel, said the impact of 26% profit sharing for coal and 100% royalty sharing with the project affected people for non-coal miners would amount to Rs 15,000 crore annual payment for the mining firms.

The Business Standard, 31 July, 2011, http://www.business-standard.com/india/news/26-profit-sharing-to-help-increase-production-coal-india/142857/on

Tagged with: Mining

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