QUOTE AND NEWS
The Hindu Business Line  Aug 2  Comment 
Coal India (CIL) has produced 155.4 million tonnes of coal in April-July 2017-18 against the target of 168 mt, thereby missing the target by 12.6 mt According to a BSE filing, the output in July w...
The Hindu Business Line  Jul 21  Comment 
Coal India has invited thermal projects and IPPs who have power purchase agreements but do not have assured domestic coal supply agreements, to participate in auctions to get fuel linkages. This i...
The Economic Times  Jun 29  Comment 
The coal ministry asked South Eastern Coalfields to suspend supplies from its Korea-Rewa field to independent power producers.
The Economic Times  Jun 28  Comment 
The world's largest coal miner that accounts for about 80 per cent of the domestic output supplies the solid fuel to buyers at higher costs due to its monopoly.
The Economic Times  Jun 18  Comment 
​​According to a former Coal India executive, the government may now set up a search committee and broaden the selection criteria for the post or consider nominating a candidate.
The Economic Times  Jun 18  Comment 
The strike was to be observed from Monday on concerns that the government would merge coal workers' provident fund with the Employees Provident Fund.
The Hindu Business Line  Jun 10  Comment 
NITI Aayog Vice-Chairman Arvind Panagariya’s proposal to unbundle Coal India has evoked strong response from the former chairmen of the company, who think the recommendation is in contradiction to th...
The Economic Times  Jun 7  Comment 
A May 10 tender inviting consultants for Coal India’s ‘Vision 2030’ said the Indian coal sector is at cross-roads today with the push to renewable energy.
The Hindu Business Line  Jun 4  Comment 
The miner has had to shell out big money to rehabilitate those affected by projects
The Hindu Business Line  Jun 1  Comment 
Low demand for the fuel, declining profits a drag on the company’s balance-sheet




 
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China Intelligent Lighting (CIL) (NYSE:CIL) is a Chinese manufacturer of LED lights and products for households and businesses. The company's product offerings include LEDs, fluorescent lights, ceiling lights, metal halide lights, super electric transformers, down lights, and recessed and framed lighting. The company did not have any major customer that had sales over 5% of revenue. [1]

The company has favorable tax rates (VAT) in China. Its VAT tax rate was reduced from 17% to 4% for 2008, 2009, and 2010. The company was granted the reduced VAT tax rate by a local government agency, however there is the possibility that at the higher level of PRC government the reduced tax rate could be overturned. [1]

The company's initial public offering of stock filed on the NYSE exchange on 17 February 2010. The initial price range is $4-$5, and the company plans to raise $16 million by offering 3.5 million shares. [1]

For FY2009 with year ended 31 December 2009, the company had $59.3 million in revenue, up 38.2% from $42.9 million in revenue for FY2008. Furthermore, the company had $7.6 million in net income for FY2009, up 33.3% from $5.7 million in net income for FY2008. [1]

References

  1. 1.0 1.1 1.2 1.3 China Intelligent Lighting S-1/A
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