Recent coking coal price rise puts pressure on SAIL's ops
India's largest steel maker SAIL today said there is a need to develop indigenous sources of coking coal to meet its requirements as recent rise in the price of metallurgical coal was putting pressure on its operations.
Jan 02, 2017, 16:29 PM IST
Sebi bans Sunshine AgroInfra from capital market
In the latest, Sunshine AgroInfra Ltd (SAIL) has been banned by markets regulator Sebi and its directors from mobilising funds from investors through issuance of securities till further orders.
Dec 24, 2016, 14:19 PM IST
Coal imports likely to decline in December on notes ban, firm prices
Coal imports are likley to decline this month as well due to note ban and soaring oil prices in international market. The imports have already dropped by 16 per cent to 14 million tonnes (MT) in November.
Dec 18, 2016, 11:43 AM IST
SAIL-ArcelorMittal $1 bn JV to be finalised by December: Govt
The proposed USD 1 billion JV between global steel giant ArcelorMittal and India's largest producer of the metal SAIL will be finalised by December.
Sep 21, 2016, 14:43 PM IST
SAIL Q1 net loss widens; sees steel demand to rise in H2 FY'17
India's largest steelmaker SAIL Thursday said its standalone net loss widened to Rs 534.92 crore in the June quarter this fiscal on account of a dip in sales realisation and higher interest and depreciation charges.
Sep 08, 2016, 23:52 PM IST
SAIL invites application for Mining Mate, Mining Foreman and other posts
Eligible candidates can apply for the posts of Mining Mate, Mining Foreman, others jobs in SAIL which has released a notification inviting the same.
Aug 01, 2016, 07:45 AM IST
India's steel demand indicators giving mixed signals: Analysts
Even as analysts are upbeat over the expected above normal monsoon and higher GDP growth, they have raised concerns over the slow pace of public and private sector projects and funding constraints, which they feel can have an adverse impact on the steel demand in India.
Jun 05, 2016, 10:27 AM IST
SAIL eyes 17 MT sales in FY17; targets defence, aerospace
India's largest steel maker SAIL is targeting sales of 17 million tonnes (MT) in the current fiscal with focus on deriving 70 per cent of the total figure from the northern and eastern regions of the country.
May 22, 2016, 11:20 AM IST
India begins probe into steel dumping by six countries
India has started an investigation into alleged dumping of a certain variety of steel products by six countries, including China, Japan and Korea, following a complaint by major producers.
Apr 12, 2016, 20:37 PM IST
SAIL appoints CEOs of Burnpur, Rourkela, Durgapur plants
Steel giant SAIL has appointed new Chief Executive Officers to head its plants at Burnpur, Rourkela and Durgapur.
Mar 29, 2016, 16:33 PM IST
SAIL Q3 net loss at Rs 1,529 crore on low income, import surge
Lower sales on account of "huge surge in imports of low-priced steel" from countries including China saw steel giant SAIL log a massive Rs 1,528.7 crore stand-alone net loss for the December quarter.
Feb 09, 2016, 18:33 PM IST
P K Singh takes charge as SAIL Chairman
P K Singh, who was selected by government headhunter Public Enterprise Selection Board in September for the top post at SAIL, on Thursday took charge as the chairman of the domestic steel giant.
Dec 10, 2015, 18:45 PM IST
Rourkela Steel Plant sets up 1 MW solar unit
Rourkela Steel Plant (RSP), a unit of SAIL Ltd, has set up 1 MW solar photovoltaic (PV) power generation unit inside the plant premises at a cost of Rs 6.68 crore.
Dec 08, 2015, 13:56 PM IST
Govt to hire external consultant to review SAIL's performance
The consultant will help in identifying bottlenecks and will devise an operational and marketing strategy for the maharatna company, an official statement said Tuesday.
Nov 24, 2015, 21:45 PM IST
SAIL slips into red, posts Q2 loss at Rs 1,056 crore
Steel giant SAIL on Friday reported a standalone net loss of Rs 1,055.96 crore for the second quarter ended September 30, due to lower sales realisation.
Nov 06, 2015, 16:51 PM IST
SAIL invests Rs 2,600 crore in Rourkela plant for HR coils
Domestic steel giant SAIL is investing over Rs 2,600 crore for installing a three million tonnes per annum facility for hot rolled (HR) coils at its Rourkela plant to make auto-grade and special steel products.
Sep 27, 2015, 18:21 PM IST
SAIL spends Rs 284-cr on R&D in FY'15, highest by an Indian company
Domestic steel giant SAIL has spent Rs 284 crore on research and development (R&D) initiatives in the last fiscal ended March 2015, the highest by any steel maker in India, Steel Secretary Rakesh Singh said Thursday.
Sep 24, 2015, 22:23 PM IST
PK Singh selected new SAIL Chairman
Government headhunter Public Enterprise Selection Board (PESB) Monday selected Durgapur Steel Plant's CEO P K Singh for the top post at domestic steel giant SAIL.
Aug 31, 2015, 21:18 PM IST
SAIL's expansion prog planning, execution not efficient: CAG
The modernisation and expansion programme of state-owned steel major SAIL has been marred by project delays and its implementation has been inefficient at all stages, including tendering and cost overruns, government auditor CAG said Wednesday.
Aug 12, 2015, 18:11 PM IST
SAIL's Rs 70K-cr modernisation programme complete: Tomar
SAIL's Rs 70,000 crore modernisation programme has been completed and it will increase the capacity of the domestic steel giant to 23 million tonnes per annum (MTPA) by March next year, Steel Minister Narendra Singh Tomar said today.
Jul 22, 2015, 23:27 PM IST
