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NMDC clocks record sales, production in FY'14

Last Updated: Wednesday, April 02, 2014, 16:33

Production and sales of NMDC never touched the 30 MT-mark since it was incorporated in 1958.

NMDC's April-February sales up 17% to 27.43 million tonnes

Last Updated: Tuesday, March 11, 2014, 15:14

State-owned iron ore miner NMDC's sales rose 17 per cent to 27.43 million tonnes in the first 11 months of the current financial year on higher demand from steel makers.

NMDC keeps Feb iron ore prices unchanged

Last Updated: Tuesday, March 04, 2014, 17:21

"Iron ore prices for both lump and fines have been kept unchanged for March," a senior NMDC official said.

Govt receives 32 applications from companies for 4 coal mines

Last Updated: Friday, February 21, 2014, 15:12

The Coal Ministry has received 32 applications from companies like NMDC and RINL in response to the notice inviting applications for allocation of four coal blocks on tariff-based bidding.

NMDC offers RINL's ex-CMD Choudhary full-time advisor's post

Last Updated: Wednesday, February 12, 2014, 16:46

The recently-retired Chairman of Rashtriya Ispat Nigam (RINL) A P Choudhary has been offered a full-time advisor's position by state-run iron ore miner NMDC with an annual package of Rs 50 lakh and perquisites.

NMDC may clock record sales, production in this fiscal

Last Updated: Tuesday, February 11, 2014, 15:21

Encouraged by pick up in demand, state-owned iron ore miner NMDC Ltd is looking forward to clocking highest-ever production and sales to over 30 million tonne (MT) in the current financial year, ending March 31.

NMDC Dec quarter net profit up 21% at Rs 1,567 cr

Last Updated: Tuesday, February 11, 2014, 00:04

Turnover of the company rose 38 percent to Rs 2,823 crore on higher sales of iron ore, which stood at 7.34 million tonnes (MT) during the quarter.

CoalMin slaps notices on AMR Iron, JDL Yavatmal among others

Last Updated: Thursday, January 02, 2014, 19:09

The Ministry also cautioned that if the companies failed to do so, "it would be presumed that your company(ies) has (have) no explanation to offer and action as appropriate would be taken against your company(ies) for deallocation," it said.

NMDC iron ore production up 37% in Oct-Dec

Last Updated: Thursday, January 02, 2014, 18:37

Last year it produced 5.3 million tons during the same quarter.

SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY'14

Last Updated: Sunday, December 29, 2013, 13:00

Expressing hope of achieving their targets at a meeting with Finance Minister P Chidambaram recently, Steel Authority of India has said its Rs 11,500 crore capex target for the current fiscal was on track.

Narendra Kothari to be NMDC's new CMD

Last Updated: Friday, December 06, 2013, 13:32

NMDC, country's largest iron ore miner, is without a full-time chairman after the retirement of its earlier regular head Rana Som on December 31, 2011.

SAIL, NMDC and RINL line up Rs 15,000-cr capex next fiscal

Last Updated: Sunday, December 01, 2013, 15:09

Metal and mining PSUs SAIL, NMDC and RINL plan to invest nearly Rs 15,000 crore next fiscal towards modernisation and expansion, around Rs 2,000 crore less than the projected outlay for the current fiscal.