Volatile markets may slow down PSU stake sale: FM Jaitley

Volatile markets may slow down PSU stake sale: FM Jaitley

Volatile stock markets may compel government to go slow in diluting PSU stocks in the stock market, said Finance Minister Arun Jaitley

Odisha gets its first solar village

Barapitha, a tribal hamlet in the outskirts of the state capital, today became Odisha's first solar village.

Nalco announces Rs 451 crore dividend for 2014-15

Pubilc-sector aluminium giant Nalco on Saturday declared a total dividend payout of 35 per cent amounting to Rs 451.02 crore for 2014-15.

Nalco aims to be global player in mining, metals, energy: CMD

Aiming to make Nalco a global player in mining, metal and energy sectors, its CMD T K Chand on Saturday said the company will focus on increasing production, expansion and modernisation of plants besides diversification of products.

Govt allocates 2 coal blocks in Odisha to Nalco

In a major relief for aluminium major Nalco, the Centre Tuesday allocated Utkal D and E coal blocks in favour the company, which has already set up a 4.6 lakh tonne smelter and 1,200 MW Captive Power Plant in Odisha's Angul district.

Nalco to invest Rs 30,000 crore in Odisha

Aluminium major National Aluminium Company Ltd (Nalco) said it will invest Rs 30,000 crore in Odisha, which has unveiled a new industrial policy aimed at attracting investments worth Rs 1,73,000 crore.

Give jobs to displaced families in a month: Naveen Patnaik to Nalco

 Odisha Chief Minister Naveen Patnaik today asked the Navaratna PSU Nalco to give jobs to displaced families in Koraput district within one month.

Nalco puts expansion, diversification plan in fast mode

Nalco on Monday put expansion, diversification into mining and other areas on top priority, besides focusing on exploring new and virgin markets, to tide over difficult phase faced by metal sector due to sluggish domestic and global markets.

Stable stocks to give divestment programme a big lift

Stable stocks to give divestment programme a big lift

The Cabinet approved sale of 5 percent stakes in ONGC, BHEL and NTPC as well as 10 percent each in IOC, NALCO and NMDC.

NALCO in pact with GACL for setting up of caustic soda plant

State-run NALCO has signed an agreement with Gujarat Alkalies and Chemicals Ltd (GACL) for setting up of an integrated caustic soda plant and captive power plant in Gujarat's Dahej at a cost of Rs 1,789 crore.

NALCO Q4 Net surges over two folds to Rs 354.87 cr

State-run National Aluminium Company (NALCO) on Saturday reported an over two-fold rise in its net profit at Rs 354.87 crore, helped by an exceptional gain.

N R Mohanty assumes additional charge as CMD of NALCO

Mohanty has rich and varied experiences of more than 33 years in aluminium industry. He has worked in various capacities in the company's Smelter Plant and Corporate Office.

N R Mohanty assumes additional charge as CMD of NALCO

The additional charge was given to Mohanty following the superannuation of Ansuman Das, a company statement said here on Friday.

Nalco achieves highest turnover in 2014-15

National Aluminium Company (NALCO), a navaratna public sector undertaking, has achieved its highest gross turnover of Rs 7,774 crore in financial year 2014-15 as compared to Rs 7,024 crore achieved during previous fiscal.

Stake sale in 4 PSUs likely to yield Rs 22,547 crore: Sinha

The Cabinet Committee on Economic Affairs (CCEA) has approved sale of equity in four state-owned companies including ONGC and NMDC which may fetch the exchequer Rs 22,574 crore, the Lok Sabha was informed Friday.

Nalco Oct-Dec quarter net profit up 171% at Rs 354 cr

Its net profit in the corresponding quarter of the last fiscal was Rs 131.03 crore, Nalco said in a BSE filing.

Nalco to add 100 MW wind power capacity at a cost of Rs 700 crore

State-owned aluminium maker Nalco has devised a plan to double its wind power generation capacity to 200 MW with an investment of Rs 700 crore, a top company official said.

Sebi finds 22 PSUs violating norms; SBI files for settlement

Others include SAIL, ITDC, HMT, Shipping Corporation, NTPC, NHPC, STC, Nalco, EIL, REC and Neyveli Lignite.

Nalco gives Rs 83.34 cr dividend cheque to government

 State-run aluminium maker Nalco today handed over the final dividend cheque of Rs 83.34 crore to the government for 2013-14 year.

NALCO comes on board as associate sponsor for Hockey Champions Trophy

NALCO comes on board as associate sponsor for Hockey Champions Trophy

Hockey India on Sunday announced National Aluminium Company Limited (NALCO), a Navratna company, as an associate sponsor for the upcoming Hero Champions Trophy, which is scheduled to be held at Kalinga Stadium in Bhubaneswar from December 6 to 14.