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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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NMDC Ltd, DMRL ink pact to explore tungsten reserves

NMDC Limited and Defence Metallurgical Research Laboratory (DMRL) today signed an MOU for working together on exploring tungsten reserves in India... ...

http://www.dnaindia.com/money/report-nmdc-ltd-dmrl-ink-pact-to-explore-tungsten-reserves-2406805
Govt

Some of the firms having vacant board level posts include Andrew Yule & Company, Bharat Coking Coal, Cotton Corporation of India, HLL Lifecare Ltd,... ...

http://www.dnaindia.com/money/report-42-cpses-functioning-without-a-regular-chairman-md-govt-2396365
Centre plans steps to support import-scarred steel sector

India is likely to mandate use of domestic steel in government infrastructure projects as it looks at yet another measure to support the domestic... ...

http://www.mydigitalfc.com/news/centre-plans-steps-support-import-scarred-steel-sector-493
Essar plans Rs 10,000 crore port in Gujarat

Eyes 50% growth in Vizag cargo in FY18 post modernisation; posted 25% growth in cargo in FY17 Essar Ports Ltd, a leading ports operator in the... ...

http://www.rediff.com/money/report/essar-plans-rs-10000-crore-port-in-gujarat/20170407.htm
NMDC crawls up after keeping iron ore prices flat for April

NMDC rose 1.98% to Rs 136.25 at 11:45 IST on BSE after the company said that it has kept its iron ore prices unchanged for April 2017 compared with... ...

http://www.business-standard.com/article/news-cm/nmdc-crawls-up-after-keeping-iron-ore-prices-flat-for-april-117040500308_1.html

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