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HomeNewsBusinessGovernment mulls KIOCL-NMDC merger amid financial struggles, says Steel Minister HD Kumaraswamy

Government mulls KIOCL-NMDC merger amid financial struggles, says Steel Minister HD Kumaraswamy

Speaking on the sidelines of a press conference where a revival package of Rs 11,440 crore for Rashtriya Ispat Nigam Ltd (RINL) was announced, Kumaraswamy

January 17, 2025 / 18:56 IST

Speaking on the sidelines of a press conference where a revival package of Rs 11,440 crore for Rashtriya Ispat Nigam Ltd (RINL) was announced, Kumaraswamy revealed that KIOCL has been facing significant financial challenges, including reporting losses.

Speaking on the sidelines of a press conference where a revival package of Rs 11,440 crore for Rashtriya Ispat Nigam Ltd (RINL) was announced, Kumaraswamy revealed that KIOCL has been facing significant financial challenges, including reporting losses.

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