Coal India Ltd.

Country’s largest insurer, Life Insurance Corporation (LIC) of India has hiked stake in state-owned Coal India to 9.4%. The insurer bought 2% share in the PSU through Open Market Purchase from January 1, 2015-October 31, 2017.

Coal India (CIL) is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.