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NMDC may borrow for expansion next fiscal as buyback plan to drain out cash

Jun 22, 2016

NMDC may borrow for expansion next fiscal as buyback plan to drain out cash

NMDC's buy-back of up to 25 percent of its own shares will raise as much as Rs 7,530 crore for the government which owns four-fifths of the company #coal india #Nalco #NMDC #buyback #dividend payout #cash reserves
Disinvestment push: Govt okays 10% stake sale in HUDCO

Jun 15, 2016

Disinvestment push: Govt okays 10% stake sale in HUDCO

CCEA also approved allowing a price discount of up to 5 percent on the issue price to retail investors and HUDCO employees #Disinvestment #Nalco #retail investors #NMDC #MOIL #Hudco #NHPC #Prime Minister Narendra Modi
Nalco gets board nod to buy back shares of Rs 2,835 cr; govt stake to fall

May 25, 2016

Nalco gets board nod to buy back shares of Rs 2,835 cr; govt stake to fall

The buyback will happen "at a price of Rs 44 per equity share payable in cash #BSE #Nalco #share buyback #Balvinder Kumar
Govt prodding Nalco to buy back 25% of its shares worth $481 mn

Jan 18, 2016

Govt prodding Nalco to buy back 25% of its shares worth $481 mn

Government plans to raise about $10 billion from asset sales this current fiscal #finance ministry #Nalco #Asset Sales #buy back shares
The future is nuclear: Why Modi government should open up atomic energy sector

Dec 12, 2015

The future is nuclear: Why Modi government should open up atomic energy sector

The situation sounds asinine, that even the government can't invest in itself, but it is emblematic of highly restrictive laws on nuclear activity in India. #InMyOpinion #Nalco #Nuclear energy #Fukushima #NPCIL #Modi government #Atomic energy #Atomic Energy Act #Thorium Energy Conference
DoD wants disinvestment target scaled down to Rs 30K cr

Oct 26, 2015

DoD wants disinvestment target scaled down to Rs 30K cr

In 2012-13, the government had raised Rs 23,956 crore as against the target of Rs 30,000 crore. #Sensex #Disinvestment #oil #NewsTracker #coal india #NTPC #ONGC #BSE #BHEL #Nalco #NMDC #Department of Disinvestment
Govt to sell 10% stake in IOC to raise Rs 9,500 cr on Monday

Aug 21, 2015

Govt to sell 10% stake in IOC to raise Rs 9,500 cr on Monday

The IOC stake sale will, however, dwarf in front of Rs 22,557 crore that the government raised through a stake sale in Coal India Ltd last year. #Disinvestment #coal india #ONGC #Indian Oil #Citigroup #Arun Jaitley #Nomura #Nalco #NMDC #Dharmendra Pradhan #JM Financial #Kotak Securities #Deutsche Equities
Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

Jun 16, 2015

Govt plans selling 3% stake in BPCL to raise Rs 1,800 cr

The finance ministry has moved a cabinet note for inter-ministerial consultations for selling 2.16 crore shares in BPCL through a public offer, official sources said. #finance ministry #NTPC #ONGC #BHEL #Nalco #REC #Bharat Petroleum #Department of Disinvestment #CPSE #Oman Oil #S Varadarajan