Nmdc

Budget 2015: FY16 divestment aim may be around Rs 43,000 cr

Finance Minister Arun Jaitley, in the Budget 2015, is likely to target around Rs 43,000 crore from disinvestment proceeds, almost the same level that the government expects to realise from stake sale in PSUs this fiscal.

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.

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.

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.

Earnings: IOB posts loss of Rs 516 cr in Q3 on high provisioning

IOB reported a net loss of Rs 516.03 crore for the quarter ended December 2014 due to higher provisions for bad loans.

Coal India mega share sale sails through, govt to get Rs 22,600 cr

This is also the biggest ever share sale by any private or public sector company in India and exceeds the previous record of over Rs 15,000 crore made by CIL itself in 2010.

Industry gives mixed response to mines ordinance, unhappy with non-captive mines norms

The Mines and Minerals (Development and Regulation) Amendment Ordinance, 2015 has come into force after President Pranab Mukherjee gave his assent, paving the way for auctioning of mines containing iron ore, bauxite and other minerals.

L&T gets new orders worth Rs 4,006 cr in December

Sebi raps BSE for lapses in Rs 6000 crore NDMC share sale

Falling market a golden chance to pick up high dividend yield stocks