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.

Odisha govt issues show cause notice to 21 industries

 Odisha government has issued show-cause notices to 21 major industries, including central public sector companies Nalco and HAL, who defaulted in paying water cess since 2005-06, officials said.

NALCO to provide sanitation facilities in 150 schools

As part of its commitment to ensure cleanliness under Swachh Bharat campaign, Central public sector undertaking Nalco on Friday decided to provide sanitation facilities in more than 150 schools in Odisha.

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.