Wednesday, June 22, 2016

Indian iron ore miner NMDC fears cash shortage on share buyback plan -sources

NEW DELHI, June 22 (Reuters) - Indian state-owned iron ore

miner NMDC Ltd may borrow funds for the first time in

more than two decades next fiscal year to cover a potential cash

shortage caused by a government-mandated share buyback, two

company sources said last week.

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