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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......

Follow Sharif and quit: Rahul to Chhattisgarh CM on Panama Papers

  Congress vice president Rahul Gandhi on Saturday demanded the resignation of Chhattisgarh Chief Minister Raman Singh over the Panama Papers issue, citing the case of Nawaz Sharif who quit as......

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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NMDC produces record 7.18 million tonne iron ore in Q2 FY18

The production in July-September 2017 was 14 percent more compared to 6.31 million tonnes of iron ore produced by the company during the same... ...

http://www.moneycontrol.com/news/business/nmdc-produces-record-718-million-tonne-iron-oreq2-fy18_10074741.html
NMDC advances after keeping iron ore prices unchanged

after the company fixed prices of lump and fine iron ores unchanged for this month compared to those of last month. The announcement was made... ...

http://www.business-standard.com/article/news-cm/nmdc-advances-after-keeping-iron-ore-prices-unchanged-117111600313_1.html
NMDC pauses on price cuts

In the current financial year so far, it has cut by 5.15% Last Updated at November 14, 2017 01:46 IST State-controlled mineral producer NMDC has... ...

http://www.business-standard.com/article/companies/nmdc-pauses-on-price-cuts-117111400058_1.html
NMDC Q2 net rises 10% to Rs 844 cr on higher income

Total income during the second quarter increased to Rs 2,531.18 crore from Rs 2,012.64 crore a year ago Last Updated at November 13, 2017 21:44 IST... ...

http://www.business-standard.com/article/companies/nmdc-q2-net-rises-10-to-rs-844-cr-on-higher-income-117111301431_1.html
NMDC plans to bid for $9b diamond mine in MP

Reuters PSU miner NMDC plans to bid for a $9 billion diamond project in Madhya Pradesh, three sources directly involved with the plan told Reuters,... ...

http://www.mydigitalfc.com/companies-and-markets/nmdc-plans-bid-9b-diamond-mine-mp

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