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NMDC stake sale: Govt invites bids from merchant bankers for Rs 3,900 cr OFS

Apr 22, 2016

NMDC stake sale: Govt invites bids from merchant bankers for Rs 3,900 cr OFS

Government currently holds 80 per cent stake in the PSU, which has a paid up capital of Rs 396.47 crore #Disinvestment #stake sale #NMDC #merchant bankers #OFS
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 has drawn list of PSUs for strategic sale: Arun Jaitley

Mar 25, 2015

Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Finance Minister Arun Jaitley on Wednesday said the government has drawn a list of state-owned companies which will be put on block for strategic sale. #PSUs #finance ministry #Narendra Modi #NewsTracker #Arun Jaitley #IOC #BHEL #Nalco #NMDC #Hindustan Aeronautics #RINL
India expects to raise $3.6 bn from share sale in four firms: Jayant Sinha

Mar 20, 2015

India expects to raise $3.6 bn from share sale in four firms: Jayant Sinha

The cabinet has already approved the sale of 5 percent stakes in ONGC and Bharat Heavy Electricals Ltd, and 10 percent each in Nalco and NMDC Ltd, Sinha told lawmakers in a written reply in the Lower House of Parliament. #India #NewsTracker #ONGC #Arun Jaitley #Nalco #NMDC #Bharat Heavy Electricals Ltd #Jayant Sinha
Bhel disinvestment likely in April, may fetch Rs 3,200 cr

Mar 18, 2015

Bhel disinvestment likely in April, may fetch Rs 3,200 cr

In March 2014, the government had sold 4.66 percent stake in Bhel to LIC through a block deal for around Rs 1,800 crore. #Disinvestment #IOC #BHEL #CompanyWatch #Nalco #NMDC #LIC
Digital India: Reliance Jio to roll out wi-fi network in central Delhi by June

Feb 08, 2015

Digital India: Reliance Jio to roll out wi-fi network in central Delhi by June

Reliance Jio will use street light pillar to install Wi-Fi equipment which will give high speed to users. #NewsTracker #NMDC #Wi-Fi #Reliance Jio #Central Delhi
NMDC cuts February iron ore prices by up to 11%

Feb 06, 2015

NMDC cuts February iron ore prices by up to 11%

NMDC Ltd , India's biggest iron ore producer, said on Friday it had cut prices of the mineral by up to 11 percent for February, a welcome move for domestic steelmakers already pressured by a surge in steel imports. #JSW Steel #NMDC #steel price #iron ore fines #iron ore lump
Earnings: NMDC Q3 net rises 1.5% as low sales hit profitability

Feb 06, 2015

Earnings: NMDC Q3 net rises 1.5% as low sales hit profitability

Hit by lower sales, state-run iron ore miner NMDC reported a marginal 1.6 percent increase in net profit for the October-December quarter at Rs 1,593 crore. #steel #NMDC #Q3 earnings