{"id":350618,"date":"2020-05-11T12:02:11","date_gmt":"2020-05-11T06:32:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350618"},"modified":"2020-05-11T12:02:11","modified_gmt":"2020-05-11T06:32:11","slug":"coal-india-and-subsidiaries-helping-each-other-with-loans-to-tide-over-liquidity-crisis","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/coal-india-and-subsidiaries-helping-each-other-with-loans-to-tide-over-liquidity-crisis\/","title":{"rendered":"Coal India and subsidiaries helping each other with loans to tide over liquidity crisis"},"content":{"rendered":"<p>Kolkata: Coal IndiaNSE 0.08 % and its subsidiaries are helping each other with loans to be able to pay salaries and tide over the acute liquidity crisis from rising dues from consumers and falling cash flow during the lockdown.<\/p>\n<p>Coal India has lent Rs 300 crore to subsidiary Central Coalfields while Bharat Coking Coal is in talks with subsidiary Northern Coalfields for another Rs 300-400 crore loan in order to meet working capital requirements, including salaries. Central Mine Planning &amp; Design Institute, the exploration arm of the company, has also been given a Rs 15 crore loan for salary payment of its executives by Coal India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Coal IndiaNSE 0.08 % and its subsidiaries are helping each other with loans to be able to pay salaries and tide over the acute liquidity crisis from rising dues from consumers and falling cash flow during the lockdown. Coal India has lent Rs 300 crore to subsidiary Central Coalfields while Bharat Coking Coal is in talks with subsidiary Northern Coalfields for another Rs 300-400 crore loan in order to meet working capital requirements, including salaries. Central Mine Planning &amp; Design Institute, the exploration arm of the company, has also been given a Rs 15 crore loan for salary payment [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-350618","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350618"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350618\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}