Nmdc

Financial system stable, but the worst yet to be over, NMDC valuations remain attractive; all this and more on Moneycontrol Pro

NMDC has suffered because of the steel industry entering a downward cycle and uncertainty over renewal over its mines in Karnataka.

PSU stocks grab limelight on reports of govt reducing stake below 51% in state-owned cos; BHEL jumps over 22%

PSU stocks were in huge demand on Friday and zoomed up to 22 percent, led by BHEL, in-tandem with a bullish broader market trend

Chhattisgarh govt stops mining-related works in Bailadila range after tribals protest against excavation near hill revered as deity

The Chhattisgarh government Tuesday ordered a halt to all works related to proposed iron ore mining at Deposit-13 in Bailadila hill range in Danewada district amid protest by tribals against excavation

Tribals gherao hill in Chhattisgarh's Bailadila to oppose iron ore mining, claim excavation site central to religious beliefs

Tribals from some 200 villages of Dantewada, Sukma and Bijapur districts, began an indefinite protest against NMDC in Chhattisgarh, demanding that the PSE abandon plans to mine a hill in Bailadila Iron Ore Mining Area, which, they say, is home to local deities

Cabinet clears procedure, mechanism to monetise enemy properties, CPSE's non-core assets

The institutional framework for monetisation of the assets could also be used by other CPSEs, PSUs, government organisations and loss-making or sick CPSEs.

Splurging money on mega welfare schemes sans planning not wise, govt should find a way to make them productive

This is where the government’s planners have evidently lost their sense of proportion, their perspective of right and wrong, and also of what is good for India.

Meghalaya mining tragedy lessons go unheeded in MP as labourers face death and disease in quest for diamonds

Even as nearly 20 died in separate incidents over the past few weeks while illegally mining coal in Meghalaya, similar operations continue to endanger lives in Madhya Pradesh.

Donimalai mines levy row: NMDC chief says PSU moved high court after exhausting all options in Karnataka

The suspension of production from Donimalai mines will have some impact on the output target for the current fiscal, CMD of NMDC N Baijendra Kumar said.

Karnataka plans fresh tenders for Donimalai iron ore mines seeking 80% premium; NMDC suspends operations

NMDC has suspended iron ore mining from its Donimalai mine in Karnataka following the state governments decision to impose 80 percent premium on ore sales.

Finance ministry shortlists 11 CPSEs for share buyback in the ongoing financial year

As per the guidelines, CPSEs having net worth of at least Rs 2,000 crore and cash and bank balance of above Rs 1,000 crore have to mandatorily go in for share buyback.