NMDC not eyeing stake in PSUs

Wed, Jan 30, 2013 at 18:40

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

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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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