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| NMDC jumps 20 per cent | 11-NOV-09 |
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| The stock froze 20 per cent upper limit of circuit filter after the steel ministry said it will initiate a plan next month to sell stake in the company. The stock closed at Rs 433.70. The government of India which holds 98.38 per cent stake in the country’s largest producer of iron ore is expected to consider a proposal to divest its stake. |
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| Steel min sticks to 10% disinvestment in NMDC | 09-NOV-09 |
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| The Steel Ministry today said it will stick to its earlier proposal of divesting up to 10 per cent of the government's equity in iron ore miner NMDC even as the finance ministry has proposed 15 per cent sale of Centre's holding in the navratna company. |
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| Steel Ministry to focus on expansion, modernisation | 21-SEP-09 |
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| The Steel Ministry will focuss on expanding production and modernising manufacturing units under a two-phase capacity building programme. After achieving success in curbing rising steel prices under its 100-day agenda, the ministry has planned massive enhancement of production capacity and modernisation of the existing steel manufacturing units as future agenda, Union Steel minister Virbhadra Singh said. |
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| Steel Min seeks coal blocks for MOIL, KIOCL | 26-AUG-09 |
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| The Steel Ministry has sought coal blocks for two of its mining PSUs — MOIL and KIOCL — so that they meet the fuel requirement of various steel firms, reeling under the shortage of the dry fuel. |
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