NMDC, the largest supplier of iron ore in the country, has registered net profit of Rs 944.93 crore for the second quarter ended September 30, a 48 per cent growth over the same period a year ago. 

The company had posted a net profit of Rs 640.02 crore in the second quarter of FY 2008.

Total income of the company went up by 45 per cent at Rs 1,857.27 crore in the quarter under review, from Rs 1,282.72 crore in the same period last year. 

NMDC Ltd is a state owned mining firm involved in the exploration of wide range of minerals including iron ore, copper, rock phosphate, lime stone, magnesite, diamond, graphite, beach sands etc.

GE Transportation, a unit of the US-based General Electric Company, has entered into a partnership with Bharat Heavy Electricals Ltd (BHEL) to bid for a 1,000 diesel locomotive tender issued by the Indian Railways. 

GE Transportation plans to supply diesel locomotives based on the company’s global Evolution Series locomotive platform. At present, the Evolution Series locomotive is considered as most technologically advanced, fuel-efficient and low emissions locomotive.