NMDC

NMDC's Australian arm appoints Rakesh Gupta as CEO

"Gupta will be paid remuneration of USD 250,000 per annum inclusive of Superannuation, with an initial three month probation period ... ," the filing said.

Dec 25, 2014, 21:05 PM IST

Govt asks NMDC to advance 100 mtpa production target

Steel Ministry Tuesday directed PSU iron ore miner NMDC to advance its 100 mtpa production target by four years to 2020-21 to ensure the raw material for the domestic steel industry at reasonable prices.

Dec 16, 2014, 19:23 PM IST

NMDC, others to buy 30% stake in Russian potash mine

An NMDC-led consortium of four state-run companies and one cooperative Thursday signed an agreement to buy 30 percent stake in Russian fertiliser producer ACRON's USD 2-billion potash mine project.

Dec 11, 2014, 20:10 PM IST

US steel industry criticises WTO ruling favouring India

The American steel industry today criticised a WTO ruling against the US imposing high duty on imports of certain Indian steel products, an order India hailed as a "significant victory" that will help its domestic manufacturers and exporters.

Dec 10, 2014, 10:50 AM IST

WTO reverses much of ruling in Indian challenge to US steel duties

This is one of the most complicated appeals decisions ever handled by the 19-year-old trade watchdog.

Dec 09, 2014, 08:50 AM IST

BSE to take 'appropriate action' on Sebi's order in NMDC case

Leading stock exchange BSE on Friday said it will take "appropriate action" in the matter of market regulator Sebi censuring the bourse for allegedly flouting norms during the offer for sale (OFS) of state-owned NMDC.

Sep 19, 2014, 13:52 PM IST

Sebi censures BSE for OFS lapses; detailed probe underway

Finding BSE guilty of lapses while conducting Rs 6,000 crore share sale of PSU major NMDC, Sebi on Thursday censured the bourse for its conduct and asked it to take necessary actions after an independent review.

Sep 11, 2014, 19:35 PM IST

SAIL-RINL-NMDC to form SPV to buy Rio Tinto Mozambique assets

Consortium members of International Coal Ventures Ltd - SAIL, RINL and NMDC - will form a special purpose vehicle to buy Rio Tinto's Mozambique coal mines as other partners NTPC and Coal India are not keen on taking part in ICVL's maiden deal announced last month.

Aug 17, 2014, 21:26 PM IST

NMDC gets Australia Board clearance for investment in Legacy Iron

The Australian mineral and metals explorer launched 'a 3 for 1 pro rata non-renounceable entitlement offer' to its shareholders.

Aug 12, 2014, 14:52 PM IST

NMDC may spend AUD 12.1 mn for rights issue of Legacy Iron

State-owned mining company NMDC Limited may spend nearly AUD 12.1 million to subscribe a rights issue planned by its Australian arm Legacy Iron Ore Limited.

Jul 07, 2014, 14:55 PM IST