Page 2 - Mmtc

Onion shortage: MMTC importing to check prices; shipment likely by Jan

Delayed and prolonged rains are the main reason for damage to onion crops, Minister of State for Consumer Affairs, Food and Public Distribution, Dadarao said during Question Hour

Amid rising prices, MMTC to import 4,000 tons of onions from Turkey

Onion prices remain high in the range of Rs 75-100/kg across major cities of the country

MMTC signs second onion import order, to buy 11,000 tonnes from Turkey

The company had placed an order for the first consignment of 6,090 tonnes of onion from Egypt

MMTC to procure 6,090 tonnes onion to boost supply, control prices

While MMTC has been tasked to import onions, cooperative Nafed will supply the key kitchen items in the domestic market

MMTC slips into red, reports Rs 47.78-cr Sep-quarter loss; income also down

The company had posted a consolidated net profit of Rs 36.92 crore in the corresponding quarter previous fiscal, a regulatory filing showed

Amid low response, MMTC extends tender offer for 6% ICEX stake till Nov 29

MMTC has invited bids for acquisition of up to 3,20,00,000 shares

MMTC floats tenders for import of 4,000 tonnes of onion to check price rise

Last week, Paswan had attributed the sharp rise in onion prices to 30-40 per cent fall in domestic production

Onion price: MMTC to import from Dubai, other nations to cool control rates

Onion prices have risen sharply for more than a month due to tight supply

Why three of India's iconic state trading firms risk being shut down

While MMTC is just about managing to stay afloat for now, STC and PEC have posted losses long and hard enough for the Centre to call for their total shutdown

Govt plans to reduce stake in MMTC to 75%; STC, PEC may shut down

MMTC saw annual profit after taxes rise to Rs 81.43 crore in 2018-19, from Rs 48.84 crore in the year before, whereas with massive overheads, STC and PEC have both reported losses

STC, MMTC dip up to 18% on reports that the govt plans to shut operations

The department of commerce may soon approach the cabinet with the proposal, as per the reports

MMTC not to import onions from Pakistan over Kashmir, modifies tender

India and Pakistan relations are going through a rough patch following nullification of Article 370 which provided special status to Jammu and Kashmir

MMTC begins process to exit unprofitable entities, starting with NINL, ICEX

Firm has floated RFP to sell its 6% stake in ICEX, less than a month after it notified its intent to divest equity in NINL

MMTC revives plan to sell stake in ICEX due to tepid trading performance

MMTC, which owns 9.55% equity, had thought of retaining the stake after ICEX's merger with NMCE and and the beginning of diamond futures

MMTC to sell NINL's steel billets through online auctions on Jan 17

With the steel market looking up, NINL expects to earn maximum net margin on billet by reducing the cost of production

MMTC to export engineering goods, pharma products from Q1 of next fiscal

The company is looking at transactions in new commodities and go beyond its forte in trade of bullion and major bulk minerals like iron ore and chromite

MMTC looks to firm up iron ore supplies for key Odisha steel plant

MMTC, with a shareholding of 49.9 per cent, is the biggest equity partner in the 1.1 million tonne NINL plant, where two Odisha government PSUs hold stakes.

State-run trading company MMTC does a rethink, to retain equity in ICEX

MMTC had decided to offload its residual 9.5 per cent stake last year, marking its complete exit from the bourse

MMTC eyes 10% gain in export earnings due to consistent rupee slump

MMTC is yet to feel the heat of the weakening rupee on gold imports

MMTC seeks govt's nod to auction off 5 tonnes of gold collected under GMS

8 tonnes of gold already sold, the trading PSU seeks Central government's mandate to auction additional 5 tonnes