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  ACC likely to buy Jaypee's stake in two cement JVs with SAIL: report

  March 24, 2014 16:22 IST

  New Delhi: Cement maker ACC is likely to buy Jaiprakash Associates Ltd's (JAL's) 74 per cent stake in two separate cement joint ventures with state-owned steel maker Steel Authority of India (SAIL).The Swiss building material

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  SAIL, KIOCL to form Rs. 450-crore joint venture for coke oven battery: report

  March 09, 2014 20:38 IST

  New Delhi: SAIL and KIOCL, two PSUs under the Steel Ministry, are set to ink a joint venture partnership for setting up a three lakh tonne coke oven battery and a captive power plant at

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  SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY2014

  December 29, 2013 16:17 IST

  New Delhi: Having failed to achieve their capex targets last fiscal, three major state-owned firms - SAIL, NMDC and RINL - hope to meet cumulative Rs 15,820 crore target set for the current fiscal. Expressing

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  SAIL seeks final Jharkhand iron ore mine approvals from PMG

  November 17, 2013 15:46 IST

  New Delhi: SAIL has knocked at the doors of the Prime Minister's Project Monitoring Group (PMG), set up to expedite approvals of stalled infrastructure proposals, seeking final forest and environment clearances for mining and capacity

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  SAIL Q2 net up 117% at Rs. 1,180 crore on exceptional gains

  November 11, 2013 17:08 IST

  New Delhi: State-owned steel major SAIL today reported over a 2-fold jump in standalone net profit to Rs. 1,180.39 crore for the quarter ended September 30, primarily due to an exceptional gain of Rs. 1,056

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  Burnpur plant's Rs16k cr modernisation nearing completion:SAIL

  October 05, 2013 18:50 IST

  New Delhi: State-run Steel Authority of India (SAIL) today said modernisation of its IISCO Steel Plant (ISP) at Burnpur, undertaken at an investment of Rs 16,000 crore, is nearing completion.“SAIL ISP is being upgraded and

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  SAIL to invest around Rs. 800 cr to develop Bhilwara mine

  September 22, 2013 23:31 IST

  New Delhi: State-owned steel maker Steel Authority of India Limited (SAIL) plans to invest around Rs. 800 crore to develop Bhilwara iron ore mine in Rajasthan and set up a pellet plant with 2 million

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  SAIL adopts cost saving initiatives to save Rs 5,000 cr in 3 years

  September 12, 2013 19:09 IST

  New Delhi:  Steel Authority of India (SAIL) has adopted a four-pronged cost optimisation strategy aimed at saving Rs 5,000 crore in next three years as it battles the dual challenge of high production cost and

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  Sail urges Odisha govt to allow its mines to operate

  July 09, 2013 10:30 IST

  Bhubaneswar, Jul 9: Steel Authority of India Ltd (SAIL) yesterday requested Odisha government not to shut down its mines, operating under deemed extension provision, in the event of non-payment of stamp duty.The request was made

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  Sail urges Odisha govt to allow its mines to operate

  India | July 09, 2013 9:36 IST

  Bhubaneswar, Jul 9: Steel Authority of India Ltd (SAIL) yesterday requested Odisha government not to shut down its mines, operating under deemed extension provision, in the event of non-payment of stamp duty.The request was made

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  SAIL goes ahead with Kobe steel JV in Durgapur

  June 09, 2013 8:42 IST

  Kolkata, June 9: Steel major SAIL has said it was going ahead with its joint venture with Japanese steelmaker Kobe steel to set up an iron ore nugget plant in Durgapur at an investment of

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  SAIL plans $8 bn investment in Chhattisgarh

  November 02, 2012 18:16 IST

  Naya Raipur, Nov 2: State-owned steel major SAIL on Friday said it plans to invest $ 8 billion (around Rs 42,000 crore) in Chhattisgarh, but did not share the timeline.“We have already invested $ 12

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  Minister on tour, SAIL stake sale deferred

  July 12, 2012 18:36 IST

  New Delhi, July 12: Cabinet Committee on Economic Affairs today deferred a decision on divesting 10.82 per cent government stake in SAIL as Steel Minister Beni Prasad Verma was away on an official tour.Sources said

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  Hockey Star Birendra Lakra Felicitated

  Hockey | February 29, 2012 17:32 IST

  Rourkela, Feb 29: Indian hockey team member Birendra Lakra, an alumnus of Rourkela Steel Plant's SAIL Hockey Academy, was felicitated by the RSP here today.Dipankar Basu, Executive Director (P & A), RSP felicitated Birendra for

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  SAIL Halves Demand Pick Up Six Per Cent This Fiscal

  November 23, 2011 7:44 IST

  Mumbai, Nov 23: State-run Steel Authority of India has halved domestic demand for the alloy to six percent this fiscal from the earlier 10-12 percent on the back of difficult interest rate regime along with

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  Hopeful Of Acquiring Mines In Afghanistan : Steel Ministry

  November 22, 2011 20:47 IST

  Mumbai, Nov 22: The government is hopeful of clinching mining deals in Afghanistan soon as part of its effort to acquire mineral assets overseas with deeper engagement with the Northwestern neighbour.“We have bid for four