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.
Filter risk signals by topic
Select a theme below to explore the company’s news mentions in specific risk areas.
Recent Articles about NEELACHAL ISPAT NIGAM LIMITED
Live alerts from global media, monitored by Business Radar
2023-02-23 (business-standard.com)
Tata Steel acquires over 4.68 crore shares of Neelachal Ispat Nigam for Rs 300 crore
Tata Steel said that as part of the first tranche of investment in Neelachal Ispat Nigam (NINL), the company has acquired 4,68,75,000 equity shares of its unlisted indirect subsidiary NINL for an amount aggregating to Rs 300 crore.
Read more
2022-07-04 (orissadiary.com)
Strategic Disinvestment of Neelachal Ispat Nigam Limited (NINL) completed
New Delhi : Neelachal Ispat Nigam Limited (NINL) is a Joint Venture of 4 CPSEs, namely MMTC (shareholding of 49.78%), NMDC (10.10%), BHEL (0.68%), MECON (0.68%) and 2 Odisha Government PSUs, namely OMC (20.47%) and IPICOL (12.00%). MNINL S
Read more
2022-03-10 (tathya.in)
NINL Signs Tata Pact
New Delhi, March 10: Moving towards closing stage for privatization of the Neelachal Ispat Nigam Ltd. (NINL), the JV partners of NINL have signed a share purchase agreement (SPA) with Tata Steel Long Products. "SPA signed today by JV partners of NINL with Tata Steel Long Products. The disinvestme
Read more
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.
Read more
(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.
Read more
(livemint.com)
Tata Steel begins operations at Neelanchal Ispat Nigam plant in Odisha
Tata Steel has plans to invest in the NINL site to build a dedicated 4.5 million tons per annum long products complex over the next few years
Read more
(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.
Read more
(indiatimes.com)
MMTC shares rally 10% on transfer of stake in Neelachal Ispat Nigam
The share purchase agreement was signed on March 10, following which the buyer, NINL and the six selling shareholders worked towards satisfying a set of conditions defined in the SPA, including certification of operational creditor's dues, employees' dues, sellers' operational and financial dues.
Read more
(business-standard.com)
Neelachal Ispat Nigam ownership handed over to Tata group-owned TSLP
NINL is a joint venture of four CPSEs, namely MMTC, NMDC, BHEL, MECON and two Odisha Government PSUs, namely OMC and IPICOL
Read more