Narendra Kothari

NMDC plans to invest Rs 40,000 crore in the next 8 years to reach a target of 100 million tonnes per annum of iron ore production from the current levels of little over 30 MTPA.

Iron ore prices bottomed out; aim for 35 MT sales: NMDC

The soft iron ore prices in part can be attributed to domestic demand, which has been rather low, and supplies have risen on the back of production from Odisha. Another reason can also be falling steel demand and prices.

NMDC plans 3-fold jump in iron ore production to 100 MT

Noting that the achievement of 300 MT of steel output was a "very difficult task", Narendra Kothari emphasized on boosting production of raw material like iron ore and infrastructure to achieve this task.

Expect steel plant to be commissioned in Dec 2016: NMDC

Narendra Kothari of NMDC says there is no problem in the production of steel and the prices are firming in the range of USD 65-70 per tonne.

Plan Rs 3500 cr capex in FY16, mostly for steel: NMDC

Narendra Kothari, CMD, NMDC, discusses company's fourth quarter earnings and future outlook.

May correct iron ore prices as per market conditions: NMDC

NMDC is in focus after the company surprised market with a price cut earlier this week. Could there be further price cuts in store and what's the outlook for FY16? Watch Narendra Kothari, CMD of NMDC speak about it.

Intl iron ore prices showing signs of softening: NMDC

The state-owned company is expecting a lot of price cuts in Odisha market.

Iron ore prices cut by Rs 300-550/tn on weak demand: NMDC

The reduction of Rs 300 per tonne of lumps or higher grade iron ore and Rs 500 per tonne in fines, which contain less iron, comes after miner had slashed rates by Rs 450 a tonne and Rs 300 a tonne, respectively in February.

Export prices bottomed out; hope to maintain sales: NMDC

State-run iron ore miner NMDC beat street expectations on Friday with the third quarter profit rising 1.6 percent year-on-year to Rs 1,593 crore. Speaking to CNBC-TV18, CMD Narendra Kothari shares his outlook on the performance of the company going ahead.

See no price cut ahead, domestic demand still intact: NMDC

The state-controlled mineral producing company is set to export 2 mt out of total 30 mt in FY15.