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Top related persons:
Niharika Kulkarni - 1 Narendra Modi's - 1 Subhash Chandra Garg - 1 Rahul Bajoria - 1 Nikunj Ohri - 1 Sam Holmes - 1
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Mumbai India DELHI New Delhi Chhattisgarh
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IDBI - 1 REUTERS - 1 IDBI Bank - 1 NMDC Steel - 1 Reserve Bank of India - 1 NMDC - 1 Barclays Investment Bank - 1 Thomson - 1

Search resuls for: "NMDC"


3 mentions found


☆ India set to miss divestment targets by more than half this year - sources
  + stars: | 2023-11-24 | by ( Nikunj Ohri | ) www.reuters.com   time to read: +3 min
The government may fall short of its divestment goal by 300 billion rupees ($3.60 billion) in 2023/24, two government sources told Reuters. New Delhi had targeted 510 billion rupees from divestment proceeds for the current fiscal year that ends March, 2024. So far this year, the government has received 80 billion rupees through stake sales, according to government data. The government expects to surpass its 430 billion rupees dividend target and has so far received 203 billion rupees from state-run firms. "As long as the government is meeting its fiscal targets and there isn't a shortfall, missing divestment targets is fine," said Rahul Bajoria, an economist at Barclays Investment Bank.
Persons: Niharika Kulkarni, Narendra Modi's, Subhash Chandra Garg, Rahul Bajoria, Nikunj Ohri, Sam Holmes Organizations: IDBI, REUTERS, Reuters, IDBI Bank, NMDC Steel, Reserve Bank of India, NMDC, Barclays Investment Bank, Thomson Locations: Mumbai, India, DELHI, New Delhi, Chhattisgarh
☆ Indian shares eye muted start to 2023 on weak cues, oil rise
  + stars: | 2023-01-02 | by ( ) www.reuters.com   time to read: +2 min
BENGALURU, Jan 2 (Reuters) - Indian shares were set to kick-start 2023 on a muted note due to higher oil prices and a surge in COVID-19 cases in China. Oil prices rose on year-end holiday travel. Higher oil prices hurt oil-importing countries like India, where crude constitutes the bulk of the country's import bill. ** HG Infra Engineering (HGIN.NS): Co declared as L-1 bidder by Delhi Metro Rail Corporation for project worth 4.12 bln rupees. ($1 = 82.7170 Indian rupees)Reporting by Bharath Rajeswaran in Bengaluru; editing by Uttaresh.VOur Standards: The Thomson Reuters Trust Principles.
☆ India's October iron ore exports 'nearly zero' - mining body official
  + stars: | 2022-11-03 | by ( Neha Arora | ) www.reuters.com   time to read: +2 min
He said Beijing's strict COVID-19 curbs would also impact India's iron ore shipments. China's steel production could fall in winter, dampening the demand for iron ore, Sharma said. Low-grade ores comprised 92% of India's total iron ore exports. India's iron ore exports during the first five months of the current fiscal year that began in April totalled 6.97 million tonnes, a three-year low, data compiled by FIMI showed. Local iron ore prices in India have dropped, partly due to lower demand, said a spokesperson for state-run miner NMDC Ltd.
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