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Hauling over the coals

The Children’s Investment Fund of UK is Coal India’s second largest shareholder and owns 1 per cent of the company’s equity. The largest shareholder is the president of India, who owns 90 per cent of this $41 billion market cap behemoth. The 1 per cent-owner is now battling the 90 per cent-owner. This battle has been covered by the media over the last few days.

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