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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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FY26 profit sees marginal growth ABD Maestro launches ZOYA Pink Mix Berries Gin at ₹2,500 in Maharashtra Anand Rathi Wealth Q4 profit jumps 41%; board announces bonus issue, dividend Hilton ties up with Royal Orchid Hotels to add 125 hotels Aimtron Electronics bags ₹57.66 crore IIoT and AI surveillance orders Granules India to tighten oversight after US FDA warning, exec says Wow! 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No truth in missing coal stock allegations, says SCCL
BL Hyderabad Bureau · 2026-06-21 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine
“Therefore, allegations that coal has been stolen or has gone missing are completely baseless and far removed from the facts,’’ the SCCL management said. 

“Therefore, allegations that coal has been stolen or has gone missing are completely baseless and far removed from the facts,’’ the SCCL management said. 

The Singareni Collieries Company Ltd (SCCL) on Sunday dismissed recent allegations that coal stocks had gone missing from the company, saying there was “no truth” in the claims.

In a statement issued here, the SCCL said all processes related to coal production, stock maintenance, transportation, and sales were being carried out with complete transparency under the supervision of advanced technological systems and ‘robust’ coal transportation, security, and monitoring mechanisms were currently in place across the organisation.

“From the moment coal is produced in the mines until it reaches the end consumer, every stage is digitally recorded and monitored. Approximately 85 percent of the coal is transported through railways, while the remaining 15 percent is supplied through road transport,’’ it said. 

On the allocations, it said: “Coal allocations are made through an integrated SAP-based system. Details such as consumer, mine, quantity, and supply schedule are digitally recorded in advance. Information pertaining to every tonne of coal is continuously monitored through Coal Net, SAP, and other online systems.”

Every vehicle transporting coal by road was weighed at electronic weighbridges and the vehicle movements are monitored in real time through Radio Frequency Identification (RFID)-based boom barriers, GPS/GPRS tracking systems, and geo-fencing technology, the Hyderabad-based company said. 

Designated routes

“Any deviation from designated routes is immediately detected and monitored through the system. Loading and dispatch details of every railway wagon are also digitally recorded. CCTV surveillance, RFID systems, check-posts, flying squads, and security personnel maintain round-the-clock monitoring at mines, Coal Handling Plants (CHPs), weighbridges, railway sidings, stockyards, and entry-exit points,’’ it said, adding that surprise inspections and special security patrols are being conducted on a continuous basis.

The coal production and transportation are being carried out under a multi-layered security framework comprising RFID, GPS, CCTV surveillance, Coal Net, electronic weighbridges, Singareni Security personnel, flying squads, hologram challans, and task force monitoring systems, SCCL said. 

“Therefore, allegations that coal has been stolen or has gone missing are completely baseless and far removed from the facts,’’ the SCCL management said. 

Published on June 21, 2026