Nlc Disinvestment

• Centre, SEBI accept Jayalalithaa's proposal on Neyveli Lignite Corporation; workers end stir

  The Centre and market regulator SEBI on Monday accepted Jayalalithaa government's proposal to buy disinvested shares of Neyveli Lignite Corporation (NLC), bringing the curtains down on the month-long stand-off over the issue.

• Neyveli Lignite Corporation workers continue strike in Tamil Nadu

  Striking workers of the Neyveli Lignite Corporation (NLC) today rejected the plea of the company Chairman B Surrender Mohan to withdraw the strike and intensified their protest against disinvestment of the PSU by beginning an indefinite fast.

• Neyveli Lignite Corporation workers go on strike defying Madras High Court orders

  Defying the Madras High Court orders, employees of Neyveli Lignite Corporation (NLC) tonight launched an indefinite strike protesting the Centre's decision to disinvest five per cent of its stake in the Navaratna PSU.

• NLC disinvestment: Workers to launch indefinite strike from 3 July

  Around 27,000 workers of the Neyveli Lignite Corporation or NLC plant in Tamil Nadu will launch an indefinite strike from July 3 asking the Centre to revoke its decision to sell its five percent stake in the corporation.

• DMK Chief Karunanidhi says no to NLC disinvestment

  DMK chief M Karunanidhi has asked the centre to revoke its decision to sell five per cent of its stakes in the Neyveli Lignite Corporation (NLC) in Tamil Nadu.

• 5% stake sale likely in 2-3 months: Neyveli Lignite

  Amid apprehensions by trade unions with regard to divesting five per cent stake in Neyveli Lignite Corporation (NLC), company CMD B Surender Mohan today expressed the hope that proposed share sale through offer for sale route may happen in two-three months.

• NLC disinvestment move faces company's opposition

  Neyveli Lignite Corporation (NLC) has opposed the government proposal to disinvest 10 per cent of its stake, contending stock market conditions do not favor such a move.   The NLC, which is a listed Navratna PSU with a net worth of Rs 11,121 crore and lignite mines in Tamil Nadu, has conveyed its reservations on the disinvestment mo...

• Coal Min asks NLC to seek board nod for further disinvestment

  The coal ministry has asked Neyveli Lignite Corporation (NLC) to seek the board approval for offloading 3.6 per cent equity to meet the guideline for 10 per cent public float, required of a Navratna company. The development comes on the heels of the finance ministry's request to the coal ministry for further disinvestment of NLC, which is un...