Shakeel Ahmed

The decision to subsidise power tariff, which will involve a cash outgo of Rs 61 crore in the remaining three months of the 2013-14 fiscal.

Cong ready to give outside support to AAP: Shakeel Ahmed

The Congress which won eight seats on Tuesday appeared to be extending an olive branch to AAP to form a government in Delhi even as Arvind Kejriwal ruled out giving any support to BJP for the same.

Will raise Rs 250cr via ECB route next year: Hind Copper

Hindustan Copper has declared its fourth quarter results. Shakeel Ahmed, chairman and managing director says, the company would be raising about Rs 250 crore through ECB next year.

Hope to maintain EBITDA at 50 %, says Hind Copper CMD

Speaking to CNBC TV18, Shakeel Ahmed, chairman and managing director, Hindustan Copper said, despite increased concentrate we could not convert it into sellable refined copper resulting in some temporary setback to our sales performance.

Not looking to raise funds through FPO: Hindustan Copper

Hindustan Copper announced its first quarter results. The company's Q1 net profit was up 132% at Rs 60.4 crore versus Rs 26 crore and net sales were up 19% at Rs 269 crore versus Rs 226 crore. Hindustan Copper’s chairman and managing director, Shakeel Ahmed told CNBC-TV18 that they don’t look to raise funds through a follow on public offer (FPO).

Hindustan Copper may not sell shares in FPO

State-run Hindustan Copper may not sell new shares in a planned follow-on public offer as soaring copper prices have left the company with strong cash reserves and no immediate need to raise funds.

Eyeing JV with NALCO to fund mining projects: Hind Copper

Hindustan Copper Ltd (HCL) has reported their Q4 results for FY11. They posted a 33.54% drop in their net profit at Rs 61 crore as compared to Rs 91 crore last year same period. Their topline decreased to Rs 285 crore as against Rs 408 crore.

Hindustan Copper aims to maintain 9-10% production growth next year

Shakeel Ahmed, CMD of Hindustan Copper, in an interview with Latha Venkatesh and Gautam Broker, spoke about the recent happenings in his company and the road ahead.

Chinese consumption leading to hike in prices: Hind Copper

Hindustan Copper’s follow- on public offer (FPO), which was expected to come out in FY12, may get delayed further. Speaking to CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, the company's CMD Shakeel Ahmed said, there is still no clarity on the timing for the FPO.

Supply-demand mismatch to keep prices buoyant: Hind Copper

In an exclusive interview with CNBC-TV18, Shakeel Ahmed, CMD of Hindustan Copper, says that the demand and supply mismatch for 2011 is to the extent of four to five lakh tonne and it will keep the copper prices buoyant.