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India is demanding millions of dollars in dividends from 12 reluctant state companies to make up for an expected tax revenue shortfall this fiscal year. (Photo: PTI)

India seeks hefty dividends from state firms as its revenues falter

India's federal budget is under pressure this year following an unexpected slump in economic growth.

13 Nov 2017 4:31 PM IST

Cash recovered by Income Tax department from a bank locker in Pune. (Photo: PTI)

Income Tax Department set to collect over Rs 60,000 crore

State-owned NMDC Limited and Andhra Bank have been the top corporate tax payers in the region.

23 July 2018 4:04 PM IST

The company is involved in exploration of a wide range of minerals including iron ore, copper, rock phosphate, limestone, dolomite, gypsum, bentonite, magnesite, diamond, tin, tungsten, graphite, beach sands, among others. (Photo: Twitter)

NMDC hikes iron ore prices by Rs 400 per tonne

NMDC produces about 30 million tonne of iron ore from three fully-mechanised mines, as per its website.

25 Feb 2019 6:14 PM IST

India has imposed an anti-dumping duty on steel imports from China, Vietnam and South Korea. (PTI Photo)

Drop in global prices hits metal stocks

The BSE Metal index fell 6.90 per cent compared to 0.54 per cent fall in the Sensex. Nifty Metal index also fell 6.43...

21 Aug 2021 9:56 AM IST

Dilip Cherian | Extension for PSU chief caught up in paperwork

Concern has been expressed about the delay in advertising the vacancy to fill the post of CMD for NMDC

23 Feb 2023 12:05 AM IST

The government has so far garnered about Rs 16,000 crore through buybacks by five PSUs including NMDC and Coal India.

Oil India to buy back shares worth Rs 1,527 crore

Oil India shares ended 0.5 per cent down at Rs 334 apiece on the BSE.

20 March 2017 8:46 PM IST

Apart several general industrial applications, tungsten is also used for radiation shielding and missiles, making this metal of strategic importance to India.

NMDC to sign MoU with Vietnam firm

According to Masan's website, the company produces 6,000 tonnes of tungsten a year from Nui Phao mine.

7 Dec 2017 1:34 AM IST