According to latest reports, the NMDC, a CPSE which earlier supplied iron ore from Chhattisgarh iron ore mines in Kirandul and Bacheli has since asked VSP to procure ore from NMDC's mines in Karnataka, imposing an additional cost of Rs 1500 per metric tonne.
An ICICI Securities report said that although the Nifty50 is down around 2 per cent from its recent peak, there is no sign of any sharp increase in risk aversion.
She held a virtual meeting with secretaries of coal and petroleum & natural gas, along with the chairman and managing directors (CMDs) of 14 CPSEs belonging to these ministries, an official statement said.
