User: esg Topic: Issues
Category: kudremukh
Last updated: Jan 09 2019 04:22 IST RSS 2.0
 
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NMDC to buy back Rs 1k cr shares 9.1.2019 Financial Chronicle
New Delhi The finance ministry has approved state-owned iron ore producer NMDC’s share buyback plan worth Rs 1,000 crore, an official said. The time line for the launch of the offer will be decided by the NMDC board. “NMDC’s Rs 1,000 crore share buyback offer has been approved by the finance ministry,” the official said. The government has already lined up buyback offers of nine PSUs including ONGC, Oil India, IOC, NHPC, BHEL, Nalco, Cochin Shipyard, NLC and KIOCL. These would cumulatively fetch about Rs 9,000 crore to the exchequer. The government holds 72.43 per cent in NMDC. Stock of NMDC closed at Rs 94.95, down 0.11 per cent over the previous close on ...
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Cabinet approves plan to list six state-owned firms 28.12.2018 Reuters: Money News
India's cabinet has approved a plan to list six government-owned companies and dilute stake in Kudremukh Iron Ore Company Ltd (KIOCL) through a share sale, the government said on Friday.
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Cabinet approves listing of 7 unlisted CPSEs on stock exchange 28.12.2018 Zee News : Business
The listing of CPSEs on the exchange shall unlock their value and encourage investor participation in the CPSEs, an official release said.
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Cabinet approves plan to list 6 state-owned firms 28.12.2018 Reuters: Money News
India's cabinet has approved a plan to list six government-owned companies and dilute stake in Kudremukh Iron Ore Company Ltd (KIOCL) through a share sale, the government said on Friday.
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Ministry of Steel initiative of Make in Steel - Make in India 19.12.2018 Govt of india: PIB
The National Steel Policy 2017 and Domestically Manufactured Iron & Steel Products Policy 2017, has led to huge growth in both production and consumption of steel. The per capita consumption has risen from 59 kgs in 2013-14 to 69 kgs in 2017-18.
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FinMin plans to transfer shares of some PSUs to SNIF to meet Sebi's pu... 23.7.2018 DNA: Bangalore
FinMin plans to transfer shares of some PSUs to SNIF to meet Sebi's pu...
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Steel CPSE Employees Pension Scheme Announced 17.7.2018 Govt of india: PIB
  Steel Minister addressing Media after meeting the representatives of CPSE employees Ministry of Steel has agreed to the proposal received from various CPSEs under its control to introduce the pension scheme with effect from 1stJanuary 2007 in case of executives and 1stJanuary 2012 in case of non-executives or from a subsequent date as decided by the company.
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KIOCL standalone net profit rises 28.25% in the March 2018 quarter 22.5.2018 General News
Sales decline 7.71% to Rs 398.72 crore
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Mandhana Retail Ventures Ltd leads gainers in 'B' group 15.5.2018 General News
KIOCL Ltd, Consolidated Construction Consortium Ltd, BF Investment Ltd and IZMO Ltd are among the other gainers in the BSE's 'B' group today, 15 May 2018.
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Ghost townships that simmer with voter discontent 10.5.2018 Hindu: Health
While Kudremukh is largely ignored, Bhadravati’s electorate seek vengeance
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CyberTech Systems and Software to hold board meeting 28.4.2018 General News
On 09 May 2018
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RINL targets Rs 19,000 Cr turnover in FY 19 25.4.2018 General News
Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant is targeting Rs 19,000 crore revenues and also net profit during the current fiscal, after suffering losses for the past few years, a senior official said. The company clocked about Rs 16,500 crore revenue during the last fiscal with a loss of about Rs 800 crore. RINL suffered Rs 1,236 crore loss in 2016-17 on turnover of Rs 12,706 crore, the official said adding the company reported Rs 200 crore EBIDTA margins in 2017-18. "Going by the trend we expect to touch Rs 19,000 crore turnover during the current year. In March itself we registered Rs 20 crore profit before tax, it reflects the mood of the market. Overall we expect to make profits this year," the official told PTI. The performance of the PSU has improved basically on the back of operational efficiency and also demand surge in the market, the official added. "In 2018-19 RINL expects targeted to produce 6.4 million tonnes of ...
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On World Heritage Day, A Look At 36 Heritage Sites In India 18.4.2018 NDTV News - Latest
From Kaziranga in Assam, Hampi monuments in Karnataka and Queens step well in Gujarat , India has 36 world heritage sites.
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Kannada version of book on Indira released 14.4.2018 Hindu: Medicine & Research
‘Her views on environment was steadfast even as stance on other issues changed’
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Fern scientist 13.4.2018 Hindu: Issues
Meet Dr. Smitha Hegde who studies ferns, one of nature’s mysteries
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Precautions to check forest fire in Kudremukh 7.4.2018 deccanherald.com
The Forest Department has taken all precautionary measures to check forest fires in the Kudremukh National Park. Along with desi knowledge, modern technology is being used to check the forest fire. Sensitive area The National Park is one of the sensitive areas in the world. The evergreen forest and Shola forest are known across the globe. The Forest Department has already put in place precautionary measures and has formed fire lines across all forest ranges, including vulnerable areas at Mullodi, Soojigudda, Lakya, Ganapathikatte and Karle. Along with the staff of the department, the service of 50 persons hired on contract basis are used. Burning solution A fire line, is the practice of burning a strip of vegetation grass and clearing the land so that if there is a fire, the flames do not spread. Further, to douse the fire, a water sprayer along with a blower will be used, said the deputy range forest officer. Kudremukh (Wildlife Division) ACF Bhaskar said with the use of technology, the extent of damage ...
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RINL hopes to return to profit in 2018-19 4.4.2018 All News-IANS Stories
State-run Rashtriya Ispat Nigam Limited (RINL), which is eyeing a 25 per cent growth in saleable steel volume, is also expecting to return to profit in the current financial year with expanded and modernised steel producing capacity, an official said on Wednesday.
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RINL expects to be in the black in 2018-19 4.4.2018 General News
Rashtriya Ispat Nigam Ltd (RINL), also known as Vizag Steel, is expecting to be back in the black in the 2018-19 fiscal after a gap of three years, a company official said today. In the last fiscal, RINL, the second largest steel-making company in the public sector, posted an EBITDA of Rs 200 crore. "In March 2018, RINL had posted a net profit. We expect to be back in the black by posting a net profit in the current fiscal," CMD of RINL, P Madhusudan said. He told reporters here that the outlook for the steel industry is positive, as all the consuming sectors were looking up. RINL, Madhusudan said, was now reaping the benefits of expansion and modernisation, which has stabilised by now coupled with steady markets, mostly in the southern region. The company, which was sourcing the crucial iron-ore linkage from NMDC and Odisha Mining Corporation (OMC), was trying to increase the volumes from the latter as it was cheaper in terms of landing cost, he said. It was also in the
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KIOCL staff take up cleanliness drive 25.3.2018 Hindu: Home

The surroundings of Kuloor Bridge, NMPT Mangala Circle and the entry of Tannir Bhavi Road on National Highway 66 got a fresh look on Saturday after KIOCL employees undertook a cleanliness drive he

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Three minesweepers decommissioned by Indian Navy 23.3.2018 General News
Indian Naval Ships, the minesweepers 'Konkan', 'Cannanore' and 'Cuddalore', were decommissioned in a ceremony at Naval Dockyard Visakhapatnam today. Chief of Staff, Eastern Naval Command, Vice Admiral M S Pawar was the Chief Guest on the occasion. The three retiredcommissioning Commanding Officers of INS Cannnore, INS Cuddalore and INS Konkan, Rear Admiral Ravi Gaikawad, Rear Admiral P K Nair and Commodore Mohandas were the guests of honour. The ships retired as operational ships after three decades of service in the Indian Navy, a navy release said. The decommissioning ceremony was attended by 38 erstwhile Commanding Officers and nearly 500 personnel who served on them, it said. Vice Admiral Pawar paid tribute to the crew of the ships and highlighted the contributions of the vesels to the country's maritime security and their participation in various operations, ranging over three decades. As part of the decommissioning ceremony, a ceremonial dinner was held on March ..
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