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It also sought a note from the coal producing company on the comparative effectiveness of hiring in comparison to owning of HEMMs. The committee said that it observed that despite the availability of these equipment almost as per the norms, their actual utilisation was far short of prescribed norms in the year 2018-19. ....
Synopsis But having said that the improvement is a continuous process, learning is a continuous process..let us learn new things, new ideas, new approach, and new goal. And in this, the image of coal (sector), Coal India needs to be changed. We have to change the image of Coal India, Joshi stressed. The award has been instituted to promote best and sustainable practices for coal mining in the country. New Delhi: Coal Minister Pralhad Joshi on Thursday assured Coal India of full government support, even as he said the PSU needs to learn new things for improvement in its future prospects. The minister, who was speaking during the launch of Enterprise Resource Planning (ERP) of Coal India Ltd (CIL), said there will be full support to the company because it is the backbone of the country . ....
After making big gains of more than 35% in November following positive Covid vaccine news and developments, the cruise stocks have cooled off over the past month. In a research note Friday, Woronka attributed that turnaround “to multiple reasons, with perhaps the most important being a bit less optimism of late about the timing of a return to sailings out of U.S. ports.” “It’s unlikely, in our view, that entire fleets will be back in the water much before year end,” he wrote. “The critical question is, at what point can enough capacity return such that current (elevated) cash burn levels can be reduced to more manageable levels that might not necessitate further capital raises?” ....
Order Reprints Print Article The CEO said Carnival has yet to decide whether to require that passengers be vaccinated. Daniel Slim/AFP via Getty Images Text size Cruise operator Carnival on Monday reported a fiscal fourth-quarter net loss of $2.2 billion, but its chief financial officer said that it has enough liquidity to get through 2021 “even in a zero-revenue environment.” Like its other U.S.-based peers, Carnival (ticker: CCL) has for the most part been shut down since mid-March of last year due to the pandemic, though it has had limited sailings in Europe recently. Carnival CEO Arnold Donald said during a conference call with analysts Monday that he hopes to have the company’s entire fleet operating by the end of the year. But that remains to be seen given the recent spike in Covid-19 cases, the complexity of the conditional sail order issued by the Centers for Disease Control and Prevention last ....
While the timing for resuming U.S. voyages ultimately depends on receiving a permit from the CDC, Carnival is aiming to resume operations on all ships by the end of the year. ....