The firm is mandated to scout for and secure 12 mineral assets in which the country lacks ample reserves and has to bank on imports
Coal mining to take off in 2020, Pottangi bauxite mine to go on stream in 2023
Though Nalco has charted a new business model to make it immune to vagaries of the metal business, the plans may to take 2-3 years to deliver outcomes
At the bourses, shares of Nalco have underperfomed market by falling 32 per cent year-to-date (YTD) while the benchmark Nifty50 index has remained flat, down 0.20 per cent.
Achievements give motivation and purpose gives objectivity to any organization, the Nalco chairman said
The navratna company has launched and successfully implemented several apps
Italian Consul General in India stressed on an improvement of bilateral relations between India and Italy
Company to form JV with MECL, HCL for overseas mineral hunt
Firm to tie up with Idco for unique project involving direct supply to downstream units
The stock dipped 7% to Rs 68.30 on BSE in early morning trade.