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  • Invest in NALCO for long term: Jagdish Thakkar Oct 10, 2011 03:29 PM IST

    Invest in NALCO for long term: Jagdish Thakkar

    Jagdish Thakkar of Fortune Fiscal feels that one should invest in NALCO for long term.

  • Mining bill won't hurt, will boost business setup: NALCO Oct 07, 2011 03:15 PM IST

    Mining bill won't hurt, will boost business setup: NALCO

    In an interview to CNBC-TV18, BL Bagra, director finance at NALCO says the new Mines and Minerals (Development and Regulation) MMRD Act is unlikely to hurt much, since the business environment it is likely to create, he says in due course of time it will make the company’s business proposition better.

  • Nalco signs MoU for $40bn smelter, power plant in Indonesia Oct 04, 2011 04:43 PM IST

    Nalco signs MoU for $40bn smelter, power plant in Indonesia

    India's National Aluminium Company Ltd (Nalco) signed an agreement here today for setting up a half-a-million tonnes per annum aluminium smelter and a 1,250-MW coal-based power plant in Indonesia's East Kalimantan province at an investment of USD 4.5 billion.

  • NALCO targets Rs 25000cr turnover by 2020 Sep 30, 2011 02:28 PM IST

    NALCO targets Rs 25000cr turnover by 2020

    Aiming to become an important global player in metal and energy sectors, aluminium major NALCO was targetting a turnover of Rs 25,000 crore by 2020 with ambitious diversification and expansion plans involving an investment of Rs 40,000 crore.

  • NALCO plans to diversify into nuclear power Sep 29, 2011 10:29 PM IST

    NALCO plans to diversify into nuclear power

    State-run aluminium major NALCO today said it plans to diversify into nuclear power generation by investing Rs 11,450 crore jointly with Nuclear Power Corporation of India in a project.

  • NALCO losing Rs 1 cr/day due to coal shortage Sep 26, 2011 08:33 PM IST

    NALCO losing Rs 1 cr/day due to coal shortage

    State-run aluminium producer NALCO is facing a production loss of about Rs 1 crore per day due to coal shortage, a company official said today.

  • NALCO to import coal to overcome crisis: Bagra Sep 14, 2011 09:19 PM IST

    NALCO to import coal to overcome crisis: Bagra

    In its bid to tide over the coal crisis, NALCO has placed order to import two lakh tonnes of coal and feed its captive power plant (CPP).

  • NALCO to complete studies on Indonesia coal mines in Sept Sep 06, 2011 03:54 PM IST

    NALCO to complete studies on Indonesia coal mines in Sept

    State-run NALCO, which plans to set up a 1,250-MW power project and an aluminium smelter in Indonesia, will complete due diligence on a proposal for sourcing coal for the projects by the end of this month, a senior company official said.

  • Efforts being made to reach disinvestment target: FinMin Aug 30, 2011 05:01 PM IST

    Efforts being made to reach disinvestment target: FinMin

    The government today said efforts are being made to achieve the disinvestment target of Rs 40,000 crore for the current fiscal and the proposals of stake dilution in engineering PSU BHEL and aluminium producer Nalco are under consideration.

  • CIL could not fulfil NTPC, NALCO supply contracts: CoalMin Aug 29, 2011 06:23 PM IST

    CIL could not fulfil NTPC, NALCO supply contracts: CoalMin

    The Coal Ministry today informed Parliament that state-run power major NTPC and aluminium company NALCO were not supplied the full quantity of coal they contracted from state-run Coal India during the April-June, 2011, period.

  • Margin pressure to continue on metal sector: PINC Research Aug 24, 2011 02:25 PM IST

    Margin pressure to continue on metal sector: PINC Research

    PINC Research has come out with its report on metal sector. As per research firm revenue for metal companies grew 25% YoY for Q1FY12. The broking firm releases report on selective metal stocks in its August 23, 2011 research report.

  • No need to tap mkts for 3 years to fund expansion: Nalco Aug 22, 2011 08:22 PM IST

    No need to tap mkts for 3 years to fund expansion: Nalco

    BL Bagra, Chairman and Managing Director of NALCO, today said the aluminium major does not need to tap the markets in the next three years for expansion, but it is up to the government to take a call on disinvesting its stake in the company.

  • Stocks in news: Mphasis, Infosys, SBI, Aurobindo, RCom Aug 22, 2011 08:00 AM IST

    Stocks in news: Mphasis, Infosys, SBI, Aurobindo, RCom

    Mphasis | Ramky Infrastructure | Aurobindo | Infosys | RCom | SBI | Coal India | RIL | M&M | Nalco | Elder Pharma | Corporation Bank | Rel Infra | Wipro | TCS | Ranbaxy Laboratories | Amara Raja and Omnitech are the stocks which are in news today.

  • NALCO says Q1 net profit up 32% on year Aug 13, 2011 10:51 AM IST

    NALCO says Q1 net profit up 32% on year

    National Aluminium Company Limited (NALCO) said first quarter net profit rose 32% to Rs 3.77 billion (USD 83 million) from Rs 2.84 billion in the year ago quarter.

  • NALCO in talks to invest in Indonesia Jul 21, 2011 11:26 AM IST

    NALCO in talks to invest in Indonesia

    State-run National Aluminium Co Ltd (NALCO) is in talks to invest in an aluminium smelter in Indonesia's Kalimantan province, an official at an investment agency here said on Thursday.

  • Ecolab to buy Nalco Holding for $5.4bn Jul 20, 2011 09:20 PM IST

    Ecolab to buy Nalco Holding for $5.4bn

    US cleaning products giant Ecolab Inc offered to buy water treatment services company Nalco Holding Co for USD 5.4 billion, as it looks to bolster its presence in the lucrative market to treat residual water from drilling for oil.

  • Nalco Jun qtr PAT seen at Rs 268cr: Angel Jul 12, 2011 10:43 AM IST

    Nalco Jun qtr PAT seen at Rs 268cr: Angel

    Angel Broking has come out with its earning estimates on metals sector for the quarter ended June 2011. According to the research firm, Nalco June quarter net sales are expected to go up by 31.5% at Rs 1,698 crore, year-on-year, (YoY) basis.

  • Baliga negative on metal space- Hindalco, Tata Steel Jul 11, 2011 05:24 PM IST

    Baliga negative on metal space- Hindalco, Tata Steel

    Ambareesh Baliga, COO, Way2Wealth is negative on metal stocks- Hindalco, Nalco, Tata Steel, SAIL.

  • Nalco to infuse Rs 1,700cr equity in Kakrapar N-plant Jul 08, 2011 02:15 PM IST

    Nalco to infuse Rs 1,700cr equity in Kakrapar N-plant

    Aluminium PSU major Nalco would infuse Rs 1,700 crore as equity in the Kakrapar nuclear power plant in Gujarat to pick up 49% stake, a top company official said today.

  • Invest in Nalco: Rajesh Satpute Jul 08, 2011 02:00 PM IST

    Invest in Nalco: Rajesh Satpute

    Rajesh Satpute of Mangal Keshav Securities feels that one should invest in Nalco.

  • 'Nalco has to spend Rs 10 cr annually to get Potangi mines' Jul 05, 2011 09:01 PM IST

    'Nalco has to spend Rs 10 cr annually to get Potangi mines'

    Orissa government today decided to ask the Nalco to spend at least Rs 10 crore per annum towards periphery development activities in order to avail the bauxite reserve at Potangi in Koraput district, official sources said.

  • NALCO extends discount on rolled products Jul 04, 2011 09:32 AM IST

    NALCO extends discount on rolled products

    State-run National Aluminium Co Ltd, India's third-largest producer of aluminium, has extended a discount of Rs 2,000 (USD 44.8) per tonne on rolled products until the end of July, a senior executive said.

  • Suzlon gets order from Nalco to supply turbines Jun 16, 2011 09:08 PM IST

    Suzlon gets order from Nalco to supply turbines

    Wind turbine maker Suzlon Energy today said that it has received order from state-run Nalco to supply turbines for the aluminium maker's proposed project in Andhra Pradesh for an undisclosed sum.

  • Buy NALCO; target of Rs 98: Aditya Birla Money Jun 16, 2011 11:01 AM IST

    Buy NALCO; target of Rs 98: Aditya Birla Money

    Aditya Birla Money is bullish on NALCO and has recommended buy rating on the stock with a target of Rs 98 in its June 16, 2011 research report.

  • Nalco may move up: Thununguntla Jun 07, 2011 01:21 PM IST

    Nalco may move up: Thununguntla

    Nalco may move up, says Jagannadham Thununguntla, Head of Research, SMC Global.

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