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
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
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
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
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
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
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
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
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
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
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
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
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
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
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