NMDC targets 46 mn tonnes of iron ore production in FY23"On the back of the developments mentioned above at the Bacheli mine, Kumaraswamy mine and other mines, we target production of 460 lakh to...
13 Aug, 2022, 12.20 PM IST
NMDC keen to invest in green energy capacities, says CMD Sumit DebNMDC, which mines around 17 per cent of the country's annual iron ore output, has lately been trying to diversify its business.
10 Jul, 2022, 01.04 PM IST
- NMDC shareholders, creditors approve Nagarnar Steel Plant demerger: CMD
The demerger of NSP from NMDC is progressing, Deb who was in the national capital, told PTI. "We have got (the company's) shareholders and ...
29 Jun, 2022, 02.01 PM IST
NMDC April-February output jumps 26 pc; sales up 25.5 pcNMDC CMD Sumit Deb said, "With an overwhelming performance this month, NMDC remains an iron and steel powerhouse and this success is attrib...
02 Mar, 2022, 09.17 PM IST
NMDC eyes 47 million tonne iron ore production in FY22, to spend Rs 3,720 crore on capexAddressing the 63rd Annual General Meeting through video conference Chairman and Managing Director of the company, Sumit Deb said the iron ...
30 Sep, 2021, 09.31 PM IST
Chhattisgarh steel plant demerger to be completed in Q3: NMDCSumit Deb, CMD of the firm said the commissioning of the steel plant would be during the third quarter. Deb said the total capital expendit...
28 Jun, 2021, 02.08 PM IST
NMDC posts eight-fold jump in PAT to Rs 2,838 cr in Q4During the fourth quarter of the last fiscal, turnover stood at Rs 6,848 crore compared to Rs 3,187 crore in the same quarter in FY20, the ...
22 Jun, 2021, 11.18 PM IST
NMDC Q3 results: Net profit jumps 53% to Rs 2,109 cr“The various steps are undertaken to reduce costs, improve output and maximize profitability have led us to bounce back after initial set b...
09 Feb, 2021, 10.57 PM IST
NMDC Q2 results: Firm reports 10% rise in PAT at Rs 774 croreThe company’s consolidated profit grew by 45% when compared to Rs 533 crore reported during the June quarter. The company’s earnings before...
11 Nov, 2020, 04.42 PM IST
NMDC’s iron ore production falls by 2% year-on-year to 2.43 million tonnes in OctoberThe company produced around 2.49 mt of iron ore in the same period last year. Iron ore sales for the month of October 2020 was recorded at ...
04 Nov, 2020, 08.00 PM IST
COVID-19 delays NMDC s Chhattisgarh steel plant commissioning planned this yearExperts from foreign countries, engaged in the project work, could not undertake a visit for an inspection and clearance in view of COVID-1...
29 Sep, 2020, 04.27 PM IST
NMDC rallies 10% after Q1 resultThe company reported a 55 per cent decline in net profit at Rs 533 crore for the June quarter compared with Rs 1,179 crore in the same quar...
28 Aug, 2020, 12.58 PM IST
NMDC sees 13% rise in production in July, sales grow 7%NMDC achieved a production of 2.19 million tonne (MT) and sales 2.57 MT during the month under review, despite the current uncertain situat...
04 Aug, 2020, 08.10 PM IST
Sumit Deb assumes charge as Chairman-cum-Managing Director of NMDC LtdSumit Deb assumed charge as Chairman-cum-Managing Director of NMDC Limited on August 1, 2020. Prior to assuming the role of CMD, NMDC, Deb ...
01 Aug, 2020, 02.20 PM IST
Auction of mineral blocks with pre-embedded clearances to attract huge investments: FicciThe auction of mineral blocks with pre-embedded clearances is another significant reform taken by the government, Ficci Mining Committee Co...
05 Jun, 2020, 10.01 PM IST
NMDC looks to restore full production in a monthAlthough its biggest customer segment — the steel industry — has been running at less than half the capacity due to low demand from end use...
15 May, 2020, 11.30 AM IST
PESB recommends Sumit Deb for top job at NMDCThe PESB, which is responsible for selection of candidates for top positions at public sector companies made the announcement on its offici...
18 Feb, 2020, 09.25 PM IST