Mining giant Vedanta is set to demerge four businesses into separate listed entities, with May 1 as the record date. Shareholders will rece...

Key downside risks to the company include disruption due to instability in the Chhattisgarh region and regulatory uncertainty in terms of p...

NMDC Steel is a newly formed entity post its demerger from mining giant NMDC. The government last month had received in-principle approval ...

NISP is in the process of being demerged from NMDC into a separate company NMDC Steel Ltd (NSL). Subsequent to demerger, shares of NSL will...

The Street is very optimistic about the resulting entity. NMDC Steel would be valued at about Rs 35-40 per share for a greenfield plant cap...

The company fixed October 28 as the record date for the same. Any investor having the delivery of shares in their demat account as of the g...

The Board of Directors of the Company, at their meeting held on 13.10.2022, fixed the record date as Friday, the 28th day of October 2022, ...

NMDC's under-construction steel plant located in Chhattisgarh is likely to begin operations this month. Once the demerger process is comple...

DIPAM aims to sell its stake in Nagarnar steel plant post demerger. Cabinet has already approved the demerger of Nagarnar steel plant and s...

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 ...

NMDC is setting up a 3 million tonne per annum (mtpa) steel plant at Nagarnar, near Bastar in Chhattisgarh. The unit is being constructed o...

The Centre is aiming to complete the demerger of NSP from MMDC within the next four to five months, according to an official document. NMDC...

Rajesh Sandhu, Secretary of NMDC Sanyukt Khadaan Mazdoor Sangh, which represents workers at the NMDC operated mines, said over 200 employee...

This will also improve mining co’s balance sheet and return ratios, which could help in re-rating of the stock; dividend payout may go up a...

In a BSE filing, NMDC said NMDC Steel is its wholly-owned subsidiary, which currently does not have any business operations.

State-owned NMDC, under the Ministry of Steel, is constructing the steel plant at Nagarnar in Chhattisgarh.

NMDC’s Nagarnar steel plant was under-construction at a cost of over Rs 20,000 crore, being completely funded by NMDC. The company had been...