NMDC, Nalco Share Sales May Kick Off In March Quarter: Report

New Delhi: The government is likely to launch disinvestment in NMDC, Nalco and MOIL in the January-March quarter of the current fiscal year, which could fetch about Rs 6,000 crore to the exchequer. The Department of Investment and Public Asset Management (DIPAM), which has garnered over Rs 21,000 crore through buybacks and PSU disinvestments, has seen good demand for NMDC shares in its roadshows in the US, London, Singapore and Hong...