NALCO project land losers threaten stir over demand for jobs

The land losers in the project for the setting up of the National Aluminium Company Ltd (Nalco) unit here have threatened to block the water supply to the PSU and damage its conveyor belt if their demand for jobs with the company is not fulfilled at the earliest.

BJD intensifies protest against Nalco plan

Odisha`s ruling Biju Janta Dal (BJD) on Friday held a rally and demonstration in Bhubaneswar.

NALCO to set up hospital in Odisha

NALCO will set up a medical college and hospital in Odisha`s impoverished Koraput district in the next two years.

NALCO CMD bribery case co-accused in CBI custody

A Delhi court on Tuesday remanded
Ratan Pal Singh Bhatia, arrested in connection with the
bribery case relating to suspended NALCO CMD Abhay Srivastava,
in CBI custody till March 5.

Opposition to Nalco divestment grows as CM, BJP threaten stir

Orissa Chief Minister Naveen
Patnaik today strongly opposed the Centre`s move to offload 10
per cent of its stake in the Navratna aluminium giant Nalco
which has its mines, refinery and smelter unit in the state.

NALCO Q3 profit drops 29% to Rs 155.18 cr

State-run aluminium major National Aluminiun Company Ltd (NALCO) on Wednesday posted a decline of 29.29 per cent in its net profit at Rs 155.18 crore for the third quarter ended December 31, 2009, over the same period a year ago.

`Premier Trading House` status for NALCO

`Navratna` PSU National Aluminium Company Ltd (NALCO) has been accorded the `Premier Trading House` award, considered as the highest status conferred by the government for the export of goods.

NALCO shelves project in South Africa, to go ahead in Iran

State-run National Aluminium Co has decided not to pursue its planned aluminium smelter and power plant in South Africa as it could not get coal linkage, but will push a similar project in Iran, a senior company official said.

NALCO Q2 net dips 64.11% to Rs 159.49 cr

National Aluminium Company (NALCO)
on Friday said its net profit declined by 64.11 percent to Rs
159.49 crore for the second quarter ended September 30, 2009,
over the same period last year.

Govt threatens to cancel coal block allotted to Nalco

The government has threatened to cancel a coal block allocated to aluminium maker Nalco for captive use, citing delay in the development of the mine.

Nalco to invest Rs 25,000 cr despite less profit

Aluminium giant NALCO will
invest over Rs 25,000 crore to launch new projects and
undertake major expansion despite decline in profit due to the
global recession.

Orissa, Nalco sign MoU to set up aluminium park

The Orissa government on Saturday entered into an agreement with alumina producer NALCO for setting up an aluminium park.

No plan to sell Nalco, HCL stakes: Mines Minister

The government has no plans to sell stakes in state-run National Aluminium Co Ltd (NALCO) and Hindustan Copper, Mines Minister BK Handique said on Wednesday.