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NMDC base price fixed at Rs 147 per share, Rs 5,828 cr eyed

Last Updated: Tuesday, December 11, 2012, 17:50

The government on Tuesday fixed Rs 147 a share as the base price-- a 7.7 percent discount at market rate-- for sale of its 10 percent stake in miner NMDC, with the hope of garnering Rs 5,828 crore to the cash-pressed Exchequer.

NMDC disinvestment likely by mid-Dec, to garner Rs 7,500 crore

Last Updated: Thursday, November 15, 2012, 14:06

The government on Thursday said it is planning 10 percent stake sale in NMDC by mid-December, which could fetch the exchequer about Rs 7,500 crore.

Govt invites bids from bankers for stake sale in NMDC, Nalco

Last Updated: Saturday, September 08, 2012, 15:49

The Department of Disinvestment has invited bids from merchant bankers for further divesting government's stake in two Navratnas - NMDC and Nalco.