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SC allows NMDC to operate two mines in Bellary

In an interim order, the Supreme Court has permitted the state-run NMDC to operate two mines in Bellary district. The NMDC, which has been granted leases by the state government, was permitted by......

Maoists attack NMDC complex, gunbattle on

Around 50 armed Naxals attacked a complex of state-owned National Mineral Development Corporation, which is said to house large quantities of explosives, triggering a gunbattle with Central......

Govt rethinks CIL, ONGC stake sale

Divestment in PFC, REC, NHPC, Nalco, Hindustan Copper and NMDC could be considered Following the recent slide in the share prices of public sector behemoths Coal India Ltd (CIL) and Oil and Natural......

LIC will look only at good scrips: Mehrotra

Life Insurance Corporation of India (LIC), which has invested in offer for sale (OFS) of NMDC and Hindustan Copper. will invest in only in good scrips that come up for disinvestment, said D K......

Govt gets Rs 6000 cr from NMDC share sale

The NMDC issue was oversubscribed 1.73 times on Wednesday, fetching Rs 6,000 crore (Rs 60 billion) for the government for its 10 per cent stake, thanks to strong participation from FIIs and......

Why NMDC FPO is an attractive offer for investors

The government's necessity to garner funds to bridge its fiscal deficit has thrown up an opportunity for investors in the form of NMDC Ltd's follow-on-public offering (FPO). In order to achieve......

NMDC stake sale likely by Dec; to garner Rs 7,500 cr

The government on Thursday said it is planning 10 per cent stake sale in NMDC by mid-December, which could fetch the exchequer about Rs 7,500 crore (Rs 75 billion)."NMDC disinvestment is likely by......
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Japan threatens India with WTO on steel as Trump era heralds rising trade tensions

NMDC has been raising prices for domestic customers even as prices have been coming down globally over the past few months. TOKYO - Japan is... ...

http://auto.economictimes.indiatimes.com/news/raw-material/japan-threatens-india-with-wto-on-steel-as-trump-era-heralds-rising-trade-tensions/56688602?utm_source=RSS&utm_medium=ETRSS
Steel Minister Chaudhary Birender Singh lauds the celebration of Swachhta Pakhwada in Ministry of Steel and its PSUs (January 1-15, 2017

Swachhta Pakhwada was observed in the Ministry of Steel from January 1-15, 2017. During this period, as per action plan the office premises of the... ...

http://pib.nic.in/newsite/PrintRelease.aspx?relid=157546
Live Stock Market Updates - Nifty trades below 8350; Axis Bank tumbles more than 6%

Realty stocks crack in-line with BSE Realty index which is down by 1.5%. HDIL , DLF, IB Real Estate, Oberoi Realty are top losers in the realty... ...

http://www.indiainfoline.com/article/news-top-story/live-stock-market-updates-today-nifty-sensex-bse-nse-friday-117012000253_1.html
NMDC workers to go on two-day national strike

RAIPUR: In a joint meeting of of All India National Mineral Development Corporation (NMDC) Karmachari Sangh at Jagdalpur, divisional headquarters... ...

http://timesofindia.indiatimes.com/city/raipur/nmdc-workers-to-go-on-two-day-national-strike/articleshow/56678779.cms
Modi government cracks down on steel PSUs, orders shedding of non-core assets

The government wants PSUs under the steel ministry such as SAIL and NMDC to divest their non-core assets and concentrate on their core... ...

http://www.financialexpress.com/economy/narendra-modi-government-cracks-down-on-steel-psus-orders-shedding-of-non-core-assets/514990/

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