19 Apr, 2010
Corporate | NMDC plans to invest Rs1,000 crore in JVs
NMDC, in which the government sold an 8.38% stake last month for about Rs9,930 crore, aims to benefit from the rising prices for coal and iron ore, the key steelmaking raw materials; Singapore state investment company Temasek Holdings Pte Ltd agreed last week to invest in GMR Energy to help expand power capacity more than eightfold; With this, India has seen 22 private equity deals above Rs100 crore since January
Source: Livemint.com
Company:
NAT.MINERAL

