Nlc Disinvestment

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.

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.

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.

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 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.

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.

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...

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...

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.

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.

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.

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 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.

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.

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...

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...