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

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

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

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

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