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...
26 Jan, 2024, 12.33 AM IST
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...
28 Jun, 2022, 07.04 PM IST
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.
03 May, 2022, 09.38 PM IST
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...
11 Mar, 2022, 10.18 AM IST
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.
10 Mar, 2022, 09.16 PM IST
FY23 divestment target set at ₹65K cr, FY22 estimate cut to ₹78K crThe government has shown its intent towards privatisation, selling Air India and finding a buyer for Neelachal Ispat, finance minister Nirm...
02 Feb, 2022, 01.15 AM IST
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...
23 Dec, 2021, 11.49 PM IST
Government gets multiple EoIs for privatisation of NINLThe process of privatisation of Air India, BPCL, Pawan Hans, BEML and Shipping Corp has also moved to the second stage after the government...
29 Mar, 2021, 06.22 PM IST
'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 (...
10 Jan, 2020, 05.06 PM IST
Neelachal Ispat to launch TMT bars soonThe MMTC and Odisha government-promoted steel public sector undertaking is the country’s largest producer of pig iron.
13 Jun, 2019, 09.46 PM IST
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.
30 Nov, 2015, 04.17 PM IST
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...
24 Mar, 2015, 11.17 PM IST
- SAIL eyes majority stake in Neelachal Ispat
NINL also produces LAM coke used by the steel industry. It has a 62.5 MW captive power plant to meet captive needs.
05 Aug, 2014, 05.09 PM IST
- SAIL, Neelachal Ispat Nigam merger proposal scrapped
The 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...
22 Jul, 2012, 01.08 PM IST
- RINL in talks to buy Neelachal Ispat to meet iron ore needs
RINL 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...
07 Jun, 2011, 06.22 AM IST
- RINL in talks to buy Neelachal
Rashtriya Ispat Nigam Limited, which operates the Vizag Steel Plant, is in advanced stages of talks with MMTC for acquiring the other state...
26 Nov, 2010, 06.12 AM IST
- SAIL closes in on Neelachal; to pay Rs 1,000 cr
The country’s largest steel maker, Steel Authority of India (SAIL), is likely to acquire 1.1-mt Neelachal Ispat Nigam (NINL) in Orissa for ...
28 May, 2007, 03.11 AM IST