Jan 30, 2013 10:47 PM IST | Source: CNBC-TV18

NMDC not eyeing stake in PSUs

NMDC has denied reports of buying stakes in other PSU. Earlier various media reports had suggested that NMDC will buy stake in Oil India,

NMDC not eyeing stake in PSUs

NMDC has denied reports of buying stakes in other PSU. Earlier various media reports had suggested that NMDC will buy stake in Oil India, NTPC & MMTC. NMDC sources tell CNBC-TV18 that the usage of cash in books is the sole discretion of the board and the plans to buy into other public-sector units have been shelved.

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