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Indian Hotels moves Delhi HC against auction of Taj Mansingh Hotel
Tata Group-owned Indian Hotels has moved the Delhi high court against the proposed auction of its marquee Taj Mansingh Hotel in the national capital even though its extended lease expires in October #Tata Group #ToWhatEffect #NMDC #IHC #Indian Hotels Company
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PC's math: earn Rs 24k crore by destroying Rs 50k cr value
Government's stake sale plan may have fetched close to Rs 24,000 crore, but it came at a high cost: the distress sale cost the companies nearly twice as much in terms of market valuation. #P. Chidambaram #ToWhatEffect #NTPC #SAIL #stake sale #Divestment #NMDC #Oil India
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NMDC suffers revenue loss of Rs 746 cr from 2007-10: CAG
Iron ore miner NMDC has suffered Rs 745.94 crore revenue loss during 2007-10 for not revising the domestic prices of the steel-making raw material in line with prevailing market rates, government auditor CAG said. #CAG #Iron ore #NMDC #ExpertView #losses
Wire
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Economic Times
NMDC examining proposals to acquire mines in SA
HYDERABAD: Four years after entering into an agreement with South Africa's Kopano for scouting mineral assets, state-owned NMDCcoal mines in the African country. A senior official of the Ministry of Steel said while one proposal is now under due diligenc #Tanzania
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Sify
Sensex plunges 365 points on all-round selling
Due to heavy selling almost across the board - stocks from FMCG, capital goods and metal sectors are among the worst hit - in afternoon trade, the market has plunged far deeper into the red now, dragging the key indices Sensex and Nifty way down from the #India #Tata Motors Ltd #Tata Consultancy Services
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Moneycontrol.com
RIL rejigs investment portfolio; exits four banks
In a major revamp of its investment portfolio, Reliance Industries has sold off its holdings in four banks, HDFC Bank , Axis Bank , Canara Bank and PNB , but has tanked up its holdings in two others -- SBI and ICICI Bank . Besides, Mukesh Ambani-led cong #HDFC Bank Limited #Canara Bank #Axis Bank




