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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......

Privatisation comes back after 10 years

Jaitley revives Atal Bihari Vajpayee’s strategic disinvestment concept to achieve ambitious Rs 69,500 crore (Rs 695 billion) from PSU stake sales The Narendra Modi government has revived the......

Divestment target set at Rs 69,500 cr for 2015-16

The government aims to mop up Rs 69,500 crore (Rs 695 billion) through public sector unit divestment and strategic sale of equities in 2015-16, which is double the amount expected to be garnered in......

Budget likely to target Rs 70,000 cr from stake sales

Officials say the big divestment target means the finance ministry will have to get the disinvestment process going from May-June. The 2015-16 Union Budget, to be presented on February 28, could......

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......
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Union Ministers Piyush Goyal & Rajiv Pratap Rudy To Address One Globe 2015

Union Minister of State (Independent Charge) for Coal, Power & Renewable Energy Piyush Goyal will inaugurate the 4th annual One Globe 2015... ...

http://techwhack.co/union-ministers-piyush-goyal-rajiv-pratap-rudy-to-address-one-globe-2015/
Govt readies stake sale pipeline worth Rs 30k cr

To meet the disinvestment target of Rs 69,500 crore for 2015-16, the highest ever, the government has in place a pipeline, in various stages of... ...

http://wap.business-standard.com/article/economy-policy/govt-readies-stake-sale-pipeline-worth-rs-30k-cr-115030300363_1.html
RINL may pick up stake in ultra-mega steel project

At the last review meeting held here on the ultra-mega steel plant, it was decided that both NMDC and OMC would have 50% equity each Jayajit Dash |... ...

http://www.business-standard.com/article/companies/rinl-may-pick-up-stake-in-ultra-mega-steel-project-115030301395_1.html
NMDC

The reduction of Rs 300 per tonne of lumps or higher grade iron ore and Rs 500 per tonne in fines, which contain less iron, comes after miner had... ...

http://www.moneycontrol.com/news/business/iron-ore-prices-cut-by-rs-300-550tnweak-demand-nmdc_1319507.html
Experts

Chintan Mehta, Metal Analyst, Sunidhi Securities believes it will be a positive for metal manufacturers who don't have captive mines but could be a... ...

http://www.moneycontrol.com/news/business/mmdr-bill-to-create-level-playing-field-experts_1319705.html

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