NEELACHAL ISPAT NIGAM LIMITED
Location
Odisha
Founded
1982-03-27
Website
Risk Signals
83 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Cyclic Organic Crudes and Intermediates, and Organic Dyes and Pigments, Nitrogenous Fertilizers, Products of Petroleum and Coal, Not Elsewhere Classified, Steel Works, Blast Furnaces (Including Coke Ovens), and Rolling Mills, Metals Service Centers and Offices, Coal and Other Minerals and Ores), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about NEELACHAL ISPAT NIGAM LIMITED
Live alerts from global media, monitored by Business Radar
2023-03-21 (ommcomnews.com)
Neelachal Ispat’s Sale To Be Closed In A Few Days: Tuhin Kanta Pandey
Bhubaneswar: The Union Government is giving final touches to the sale of Odisha-based company Neelachal Ispat Nigam Limited (NINL). Secretary, Department
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2022-01-31 (odishabytes.com)
Tata Steel To Buy Odisha-Based Neelachal Ispat For Rs 12,100 Cr; Check Details
New Delhi/Bhubaneswar: The Centre on Monday approved the sale of 93.7 per cent stake in Neelachal Ispat Nigam Limited (NINL) to Tata Steel Long Products, the highest bidder, at an enterprise value of Rs 12,100 crore.
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2022-01-31 (ndtvprofit.com)
Tata Steel Long Pips JSW Steel, JSPL Consortium To Win Neelachal Ispat Bid
The government has approved the sale of Neelachal Ispat Nigam Ltd. to Tata Steel Long Products Ltd.
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2021-08-27 (financialexpress.com)
Strategic sale of Neelachal Ispat Nigam likely in two months
In the two-stage process being managed by the department of investment and public asset management (DIPAM), shortlisted bidders are expected to submit financial bids soon.
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2016-10-17 (theprint.in)
Of 36 PSUs up for sale since 2016, just 10 sold so far, and 8 of these were bought by other PSUs
Ministry of Finance also informed Parliament that from 2023-24 onwards, it has stopped providing targets in budget for how much it expects to receive through disinvestment.
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(economictimes.com)
MMTC executes share-purchase pact to sell stake in NINL to Tata Steel arm
In January, the government approved the sale of loss-making NINL to Tata Steel Long Products Ltd (TSLPL) for Rs 12,100 crore.
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(gktoday.in)
Sale of NINL to Tata Steel Long Products
The government recently approved the sale of loss-making Neelachal Ispat Nigam Ltd (NINL) to Tata Steel Long Products Ltd. Key Facts NINL will be sold to Tata Steel f
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(indiatimes.com)
NINL employees' pay scale revision, pension to be decided by TSLP post disinvest, ETHRWorld
In a written reply to the Rajya Sabha, Karad said the strategic disinvestment of NINL is on a going concern basis and the employees shall continue to be employees of NINL in terms of the agreed Share Purchase Agreement (SPA) to be signed with TSLP.
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(thestatesman.com)
Tata wins NINL bid for Rs 12,100 crore
A day before the Union Budget, Centre on Monday approved the strategic sale of 93.71 % sale of Neelachal Ispat Nigam ltd (NINL) to Tata Steel which had offered the highest bid of Rs 12,100 crore.
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