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Nalco to hit market after budget; to raise Rs 1,400 cr

Last Updated: Monday, February 11, 2013, 19:01

The Department of Disinvestment (DoD) would start roadshows in Singapore, Hong Kong, Japan, US and UK on February 19 for disinvestment of the state-run aluminium company. The roadshows would conclude on February 25, sources said.

Govt to take call on Nalco stake sale in Jan: Chidambaram

Last Updated: Thursday, November 08, 2012, 21:49

The government will take a call on 12.5 percent stake sale in aluminium major Nalco in January after the company's third quarter (October-December) financial results, said Finance Minister P Chidambaram Thursday.

Nalco disinvestment deferred on valuation concerns

Last Updated: Wednesday, November 07, 2012, 22:30

The government Wednesday deferred 12.5 percent stake sale in Nalco saying the company's second quarter financial performance is not reflective of the true financial position of the aluminium major.

Assembly resolution against Nalco disinvestment demanded

Last Updated: Saturday, September 29, 2012, 20:13

Employees of the Navratna company on Saturday urged the state government to pass an unanimous resolution in Odisha Assembly against the disinvestment process.

BJD opposes Nalco disinvestment, plans protest rallies

Last Updated: Wednesday, September 19, 2012, 20:15

Suspecting a deal behind Centre`s decision to sell 12.15 per cent share of Nalco, ruling BJD in Odisha announced a series of agitations to oppose it.

Only govt's equity to be divested in FPO: Nalco Chairman

Last Updated: Thursday, April 05, 2012, 18:24

State-run aluminium maker Nalco on Thursday said the government proposes to only offload its equity in the company as part of the disinvestment programme.

Nalco to invest Rs 2,343 cr in FY'13

Last Updated: Tuesday, March 20, 2012, 18:30

A disinvestment candidate for the government's Rs 30,000 crore mop up target, Nalco spent Rs 1,333 crore this fiscal.