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NEELACHAL
Tata Steel CEO TV Narendran cautiously optimistic; sees strong Q1 ahead as steel prices rise across India, UK, & EuropeTata Steel CEO TV Narendran flags multi-point cost pressure from the West Asia crisis but says the company has so far recovered most input ...- Europe learnings to put Tata Steel ahead in IndiaTata Steel anticipates its UK operations will achieve break-even this fiscal year. This positive outlook stems from recovering steel prices...
- Tata Steel shares in focus as firm set to merge Neelachal Ispat Nigam, invest up to $2 billion in Singapore armTata Steel shares will be in focus after the company approved the merger of Neelachal Ispat Nigam and a $2 billion investment in its Singap...
- Tata Steel to merge wholly owned subsidiary NINL, aims to optimise operationsIn a strategic decision to enhance operational efficiency, Tata Steel's board has greenlit the merger of its subsidiary Neelachal Ispat Nig...
- Tata Steel to merge Neelachal Ispat Nigam; approves up to $2 billion for Singapore armTata Steel's board has given the nod for a groundbreaking merger with its subsidiary, Neelachal Ispat Nigam Limited, marking a pivotal mome...
- Tata Steel India has enough cash flow to fuel growth: TV NarendranTata Steel's robust profitability in its Indian operations positions it well for growth despite increased steel imports from China impactin...
- Tata Steel to ramp up Neelachal Ispat Nigam Ltd operation to 1.1 MTPA within a year: Chairman"Post-acquisition, we will endeavour to ramp up the operations of NINL to its rated capacity of 1.1 million ton per annum within the next 1...
- Tata Steel to complete NINL acquisition in current quarter: CEOThe acquisition of NINL is critical for Tata Steel to build a dedicated long products complex.
- MMTC rises 4% as firm executes stake sale in NINL to Tata Stee Long ProductsThe stake sale is part of the disinvestment drive of the government. In January, the government approved the sale of loss-making NINL to Ta...
- MMTC executes share-purchase pact to sell stake in NINL to Tata Steel armIn January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.
- Steel industry can lead the way in private investment revival in India, says Tata Steel MDTop three producers - Tata Steel, JSW Steel, and ArcelorMittal-Nippon Steel - have discussed plans of investing up to ₹1.5 lakh crore over ...
- Bids received for Neelachal Ispat Nigam Ltd : Dipam SecyNINL is a joint venture company of four central public sector enterprises which include MMTC, NMDC, Bharat Heavy Electricals Limited and Me...
- 'Cabinet approved disinvestment of stake in NINL, not NMDC'Neelachal Ispat Nigam Ltd (NINL) is a joint venture company, in which four central PSUs -- MMTC, National Mineral Development Corporation (...
- MMTC to pump in Rs 6,000 crore to double NINL capacityMMTC said it will invest about Rs 6,000 crore to double the capacity of Neelachal Ispat Nigam (NINL) in the next four years.
- Neelachal Ispat Nigam Ltd to invest Rs 5,600 crore to increase capacity to 5MTNeelachal Ispat Nigam Ltd, a steel PSU jointly promoted by trading firm MMTC and Odisha PSUs OMC and IPICOL, today announced plans to to ex...
- SAIL eyes majority stake in Neelachal IspatNINL also produces LAM coke used by the steel industry. It has a 62.5 MW captive power plant to meet captive needs.
- SAIL, Neelachal Ispat Nigam merger proposal scrappedThe proposal to merge SAIL and Neelachal Ispat Nigam has been scrapped as the Commerce Ministry is not willing to give away the country's l...
- RINL in talks to buy Neelachal Ispat to meet iron ore needsRINL is negotiating for its 47% equity stake in Neelachal Ispat and expects the transaction to be concluded in the Rs 800 crore to Rs 1,000...
- RINL in talks to buy NeelachalRashtriya Ispat Nigam Limited, which operates the Vizag Steel Plant, is in advanced stages of talks with MMTC for acquiring the other state...
- SAIL closes in on Neelachal; to pay Rs 1,000 crThe country’s largest steel maker, Steel Authority of India (SAIL), is likely to acquire 1.1-mt Neelachal Ispat Nigam (NINL) in Orissa for ...
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