02
Sep
15:59
NINL strategic disinvestment to conclude in December
The strategic disinvestment of state-run joint venture company Neelachal Ispat Nigam (NINL) is expected to conclude in December, says NINL managing director R K Jha.
NINL is a 1.1 million tonnes/year capacity integrated steel joint venture company, whose shareholders include MMTC, NMDC, BHEL, MECON, IPICOL and OMC, Kallanish notes.
The department of investment and public asset management (DIPAM) led by the Ministry of Finance invited preliminary bids for the str…
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