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MMTC BOARD
Digital gold sector takes shine to govt’s formal framework signalIndia's burgeoning digital gold sector is on the cusp of formal regulation as the government explores an oversight framework. Fintech found...- MMTC board approves debt restructuring schemeThe final settlement, the company said, is envisaged out of divestment proceeds of NINL.
- Commerce Ministry seeks financial support from Finance Ministry for VRS scheme of MMTCThe company needs money to pay its employees who are opting for VRS (voluntary retirement scheme), and due to its weak financial conditions...
- Govt approves pacts for supply of iron ore to Japan, S Korea through MMTCThe range of quantity of iron ore to be exported would be 3.8 million tonnes per annum to 5.5 million tonnes per annum
- MMTC rallies 14% on bonus issue buzzThe board of directors of MMTC shall consider and approve the proposal for issue of bonus shares.
- MMTC shareholders to vote on related party transactionsIf any of the RPT do not meet the arm's length standard set by the Income Tax Act, the company could face consequences related to transfer ...
- MMTC's related party transactions to face shareholder testIf any of the RPT do not meet the arm’s length standard set by income tax act than the company could face consequences related to transfer ...
- MMTC sells 10 per cent stake in commodity bourse ICEX for Rs 20 crorePost this transaction, the company's stake in ICEX, which is part of Anil Ambani-led Reliance Group, has come down to 16 per cent.
- MMTC has not considered merging NINL with any steel PSU: GovernmentNINL, jointly promoted by MMTC and Industrial Promotion and Investment Corp of Orissa, has a pig iron manufacturing facility in Odisha.
- MMTC tanks 6%, hits 52-week low on stake sale reportsMMTC Ltd slipped over 6% to hit its 52-week low of Rs 191 in morning trade, after the government is expected to divest nearly 10 per cent s...
- MMTC moves CLB against stake sale by Indiabulls in ICEXState-run trading firm MMTC has moved the Company Law Board (CLB) against a stake sale by its co-promoter Indiabulls to Reliance Exchangene...
- MMTC seeks 'Navratna' status in disinvestmentAhead of the proposed divestment of government equity in MMTC later this fiscal, the trading giant has sought coveted 'Navratna' status.
- MMTC and SCI likely to be added to selloff listGovt has so far mopped up about Rs 2,000 cr through stake sale in Satluj Jal Vidyut Nigam and Engineers India. It had raised Rs 25,000 cr i...
- MMTC zooms 21% on bonus issue, stock split plansMMTC shares were on fire today with a 33.31 per cent opening rally a day after the state-run trading major said its board will meet June en...
- MMTC sell-off possible only in next fiscal, says company chiefThe Disinvestment Department is working on a proposal to seek Cabinet approval for sale of government equity in MMTC Ltd, but disinvestment...
- NMDC, MMTC stake dilution in current fiscalThe government proposes to dilute its stake in Minerals and Metals Trading Corporation and National Mineral Development Corporation in the ...
- MMTC holds back investment in MaytasMMTC has decided against investing in an SPV created by Maytas group for setting up an SEZ.
- MMTC holds back investment in MaytasMMTC has decided against investing in a special purpose vehicle created by Maytas group for setting up a Special Economic Zone (SEZ). At 3 ...
- MMTC aborts SEZ JV with MaytasGovernment-owned MMTC has decided to drop its joint venture SEZ plan with the two Maytas firms promoted by B Ramalinga Raju's family after ...
- MMTC board approves proposal for JV with Tata SteelState-run trading company MMTC on Thursday said it would set up a joint venture with Tata Steel Ltd for mines exploration.
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