Business Standard

Neelachal Ispat

India at 75: What's the way ahead for govt on privatisation, asset sales

While the govt has secured a big win by privatising Air India, it is still far from its initial goal of privatising majority of PSUs

India at 75: What's the way ahead for govt on privatisation, asset sales
Updated On : 11 Aug 2022 | 12:23 AM IST

Tata Steel to complete Neelachal Ispat Nigam acquisition Ltd this qtr: CEO

Tata Steel will complete the acquisition of Neelachal Ispat Nigam Limited (NINL) by the end of the current quarter, its CEO and MD T V Narendran said

Tata Steel to complete Neelachal Ispat Nigam acquisition Ltd this qtr: CEO
Updated On : 03 May 2022 | 8:48 PM IST

Tata Steel arm to buy govt stake in Neelachal Ispat for Rs 12,100 crore

This is the first time a public sector steel manufacturing company has been privatised in India

Tata Steel arm to buy govt stake in Neelachal Ispat for Rs 12,100 crore
Updated On : 01 Feb 2022 | 2:15 AM IST

Govt approves sale of NINL to Tata Steel Long Products for Rs 12,100 cr

Neelachal Ispat is a joint venture of 4 CPSEs and 2 Odisha government PSUs

Govt approves sale of NINL to Tata Steel Long Products for Rs 12,100 cr
Updated On : 31 Jan 2022 | 3:26 PM IST

Centre gets bids for Neelachal Ispat, sale moves to 'concluding stage'

The central government has accepted most demands made by potential buyers for the joint venture steel company.

Centre gets bids for Neelachal Ispat, sale moves to 'concluding stage'
Updated On : 24 Dec 2021 | 1:31 AM IST

Megha Engineering and Infrastructure sees prospects in PSU disinvestments

The company has been shortlisted as qualified bidder for Shipping Corporation of India, Neelachal Ispat, and BEML

Megha Engineering and Infrastructure sees prospects in PSU disinvestments
Updated On : 01 Oct 2021 | 2:57 PM IST

Budget 2021 creates investment opportunities, from infra to healthcare

The Union Budget 2021 increased India's healthcare spending by 137 per cent and lifted caps on foreigners investing in the insurance sector. Devangshu Datta explains investments after the Budget 2021.

Budget 2021 creates investment opportunities, from infra to healthcare
Updated On : 03 Feb 2021 | 7:31 AM IST

Tata Steel, JSW, Adani likely to bid for Neelachal Ispat's Odisha plant

Plans are afoot to ramp-up the NINL steel plant's nameplate capacity to 10 million tonnes per annum (mtpa) from the current 1.1 mtpa

Tata Steel, JSW, Adani likely to bid for Neelachal Ispat's Odisha plant
Updated On : 29 Jan 2020 | 12:31 AM IST

Cabinet approves strategic sale of Neelachal Ispat; auction likely in FY21

It is learnt that this strategic sale could be completed only after March 31, and hence, will be part of the 2020-21 divestment pipeline

Cabinet approves strategic sale of Neelachal Ispat; auction likely in FY21
Updated On : 08 Jan 2020 | 9:17 PM IST

Neelachal Ispat eyes Rs 400 cr Ebitda, marginal net profit in FY20

The company expects to be back in the black powered by the launch of 20 new value-added products

Neelachal Ispat eyes Rs 400 cr Ebitda, marginal net profit in FY20
Updated On : 24 Jun 2019 | 2:43 PM IST

Neelachal Ispat in talks with foreign firms for 800,000-tonne wire rod mill

The unit, to come up inside the company's steel plant at Kalinganagar, will produce rebars, rounds and wires with wire rods of two variants of 6-22 mm and 12-18 mm

Neelachal Ispat in talks with foreign firms for 800,000-tonne wire rod mill
Updated On : 14 Feb 2019 | 4:24 PM IST