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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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Hunt on for land, raw material for ultra mega steel plant

Jharkhand is gearing up to set up ultra mega steel plant (UMSP) and searches for crucial land and desired raw materials are on at departmental... ...

http://www.dailypioneer.com/state-editions/ranchi/hunt-on-for-land-raw-material-for-ultra-mega-steel-plant.html
NMDC to install conveyor monitoring system at Bacheli mine

NMDC Ltd will be installing a 24X7 conveyor monitoring system for its Downhill Tunnel Conveyor in the Bacheli iron ore mine in Dantewada district... ...

http://www.dailypioneer.com/state-editions/raipur/nmdc-to-install-conveyor-monitoring-system-at-bacheli-mine.html
Family says won't repeat mistakes, not all convinced

Chhavindra Karma asserts that bullets are not the solution, and that they will avoid bloodshed as far as necessary, focusing only on development.... ...

http://indianexpress.com/article/india/india-others/family-says-wont-repeat-mistakes-not-all-convinced/
Funding institution for steel sector on cards, Government sets up panel to study proposal

ificant step towards providing preferential credit for steel projects which will also help in funding the capacity expansion in the sector, the... ...

http://www.dailypioneer.com/business/funding-institution-for-steel-sector-on-cards-government-sets-up-panel-to-study-proposal.html
Govt faces daunting task meeting disinvestment target of ₹69,500 cr

The Disinvestment Department is in a tizzy; the poor monsoon forecast, combined with volatility in the stock market, is making the disinvestment... ...

http://www.thehindubusinessline.com/economy/govt-faces-daunting-task-meeting-disinvestment-target-of-69500-cr/article7279101.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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