Govt sells stake in Neyveli, STC, ITDC; raises Rs 395 cr

Last Updated: Friday, August 2, 2013, 12:06

In a boost to the government's disinvestment programme, stake sale offers in Neyveli Lignite, STC and ITDC today got fully subscribed garnering Rs 395 crore for the exchequer.

Govt to sell stake in STC, ITDC, Neyveli Lignite Friday

Last Updated: Thursday, August 1, 2013, 18:24

The government plans to raise about Rs 3,800 crore Friday through sale of its stake in State Trading Corporation (STC), ITDC and Neyveli Lignite Corporation.

EGoM to decide price band for Neyveli stake sale on Wednesday

Last Updated: Tuesday, July 30, 2013, 21:40

An Empowered Group of Ministers may on Wednesday decide the price band for offloading 3.56 percent stake in Neyveli Lignite Corporation.

Sebi allows preference to Tamil Nadu govt in Neyveli stakesale

Last Updated: Friday, July 19, 2013, 21:48

Paving the way of disinvestment of Neyveli Lignite Corp, market regulator Sebi has permitted Tamil Nadu state entities to buy shares on preferential basis during the proposed government's 3.56 percent stake sale.

Over 100 girl students fall sick after eating meals at school in Tamil Nadu

Last Updated: Thursday, July 18, 2013, 17:26

Over 100 girl students fell sick after eating food served at a school in Neyveli under the midday meal scheme.

EGoM clears 3.56% stake sale in Neyveli via IPP

Last Updated: Wednesday, July 17, 2013, 17:54

A panel of ministers, headed by Finance Minister P Chidambaram, on Wednesday cleared disinvestment of 3.56 percent stake in Neyveli Lignite through institutional placement programme (IPP) and the issue is likely in the first week of August.

NLC employees strike enters 8th day

Last Updated: Wednesday, July 10, 2013, 15:25

The workers, affiliated to various trade unions, have gone on the strike defying a Madras High Court order.

NLC gears up for Rs 24,770 cr power plants post mine allotment

Last Updated: Monday, July 8, 2013, 21:44

With the implementation of these projects and schemes in the pipeline, the state-owned lignite miner's power generation capacity will touch 11,195 MW.

Sebi gives consent to TN's proposal to buy stake in NLC

Last Updated: Sunday, July 7, 2013, 20:44

The Department of Disinvestment (DoD) had sought Sebi's views on Tamil Nadu Government's proposal to buy 5 percent of Centre's stake in NLC disinvestment.

NLC strike enters 3rd day; power generation hit

Last Updated: Friday, July 5, 2013, 18:01

An indefinite strike by Neyveli Lignite workers against a government plan to sell a stake in the state-owned company entered its third day Friday, leading to a drop in lignite production and electricity generation.

Strike to affect power production at Neyveli Lignite

Last Updated: Thursday, July 4, 2013, 21:39

The strike at Neyveli Lignite Corporation Ltd. (NLC) by workers protesting the central government's decision to divest five percent stake in the company would lower power production from Friday, union leaders said Thursday.

NLC workers go on strike against stake sale, defying HC orders

Last Updated: Thursday, July 4, 2013, 20:02

Output at Neyveli Lignite Corporation (NLC) was hit after workers defied a Madras High Court order and went on an indefinite strike to protest the Centre`s decision to disinvest a five per cent stake in the Navaratna PSU.