MMTC aims Rs 30-crore sales on during Akshaya Tritiya festival

Last Updated: Saturday, May 11, 2013, 10:53

Akshaya Tritiya is on May 13 and is considered to be an auspicious day for buying precious metals in Hindu culture.

MMTC logs Rs 15,000 cr sales turnover in gold jewellery in FY13

Last Updated: Saturday, April 6, 2013, 20:14

Majumdar said MMTC clocked sales turnover of Rs 1,000 crore alone from the sale of jewellery at various exhibitions across the country.

Top positions in 29 CPSEs lying vacant: Patel

Last Updated: Thursday, March 21, 2013, 18:10

Posts of Chairman-cum-Managing Director/Managing Director are lying vacant in 29 Central Public Sector Enterprises (CPSEs), including MMTC and NHPC, Parliament was informed Thursday.

EGoM on Nalco stake sale tomorrow; SAIL next week

Last Updated: Tuesday, March 12, 2013, 17:52

Keen to achieve the scaled down disinvestment target of Rs 24,000 crore, the government is working to sell part of its stake in Nalco and SAIL in the next fortnight.

MMTC pares early losses; surges over 7% as stake sale deferred

Last Updated: Tuesday, March 12, 2013, 14:33

Erasing early losses, shares of MMTC jumped over 7 percent in the afternoon trade Tuesday as the company's stake sale got deferred on concerns over valuation of equity.

EGoM defers MMTC stake sale on valuation concerns

Last Updated: Tuesday, March 12, 2013, 14:00

An inter-ministerial panel on Tuesday deferred government's 9.33 percent stake sale in the state- owned trading company MMTC on concerns over valuation of the company's equity.

Gold imports at $42 billion during Apr-Jan

Last Updated: Friday, March 8, 2013, 16:36

The government on Friday said gold imports have increased in recent years and were valued at USD 42 billion in the April-January period of the current fiscal.

CCEA nod likely for additional 5 mn tonne wheat export

Last Updated: Tuesday, March 5, 2013, 20:02

The proposal is also to permit recognised private traders to export the government-held wheat stocks along with state- run trading agencies such as MMTC, STC, PEC Ltd.

MMTC stake sale on March 14; could fetch Rs 300 cr

Last Updated: Sunday, March 3, 2013, 13:27

The government's offer-for sale for offloading 9.33 percent stake in trading giant MMTC is likely to hit the markets on March 14, which could rake in about Rs 300 crore to the exchequer.

SAIL, NALCO, MMTC stake sale in current fiscal: FinMin

Last Updated: Friday, February 22, 2013, 16:42

In a written reply to a query in the Lok Sabha, Minister of State for Finance S S Palanimanickam said the government will sell 12.15 percent stake in Nalco, 9.33 percent in MMTC, 12.50 percent in Rashtriya Chemical and Fertiliser (RCF) and 10.82 percent in SAIL.

Govt shortlists 3 merchant bankers for MMTC stake sale

Last Updated: Sunday, January 20, 2013, 11:38

The Department of Disinvestment (DoD) has shortlisted three investment bankers -- Avendus, IDBI Capital Market Services and IDFC -- to manage the stake sale of the PSU.