SAIL offloads full stake in Bokaro cement JV; gets Rs 235-cr
SAIL executed the transaction at Rs 67.50 per share.
Nov 29, 2014, 19:41 PM IST
SAIL's coking coal imports to touch 35 mn tonne by 2025
State-run steel maker SAIL's coking coal imports will touch 35 million tonnes by 2025 when the targetted production capacity is projected to touch 50 million tonnes, a company official said.
Nov 25, 2014, 14:59 PM IST
Allot mines under "govt dispensation" route: SAIL to CoalMin
State-owned SAIL has urged the Coal Ministry to allocate mines under "government dispensation" route, saying it would help the steel PSU augment its production capacity.
Nov 24, 2014, 17:47 PM IST
SAIL Q2 net profit dips 45% to Rs 649 cr
State-owned steel maker SAIL Thursday reported 45 percent dip in net profit to Rs 649.49 crore for the second quarter ended September 30, 2014-15.
Nov 13, 2014, 20:48 PM IST
Manash Sarkar takes over as CEO of NSPCL
Manash Sarkar has taken over as the CEO of NTPC-SAIL Power Private Company Ltd, state-run NTPC said on Friday.
Oct 24, 2014, 13:32 PM IST
SAIL commissions two major facilities in Bhilai plant
State-run steel maker SAIL on Saturday commissioned two facilities in its Bhilai plant as part of ongoing expansion and modernisation programme.
Oct 18, 2014, 15:53 PM IST
Two SAIL's IISCO officers suspended for fire; one dead
Two general manager ranked officers of SAIL's IISCO steel plant at Burnpur were suspended in connection with Thursday's fire incident there in which one person died in a New Delhi hospital.
Sep 28, 2014, 22:09 PM IST
Coal scam: SC quashes allocation of 214 blocks allocated since 1993
A bench, headed by Chief Justice R M Lodha, saved only four blocks--one belonging to NTPC and SAIL each and two allocated to Ultra Mega Power Projects--from being cancelled.
Sep 24, 2014, 15:41 PM IST
Stagnant steel demand scenario coming to an end: SAIL Chairman
India's steel consumption grew by just 0.6 per cent last fiscal, its lowest in four years, to 73.93 MT, mainly impacted by a slower expansion of domestic economy.
Sep 23, 2014, 17:31 PM IST
Two Independent Directors resign from SAIL Board
Ahead of the Annual General Meeting on Tuesday, two independent directors of state-run steel maker SAIL, who were appointed by the UPA government, have resigned.
Sep 22, 2014, 20:24 PM IST
SAIL share sale to hit markets between Sept 24-26
The sale of 5 percent stake of the steel maker at the current market price of Rs 77.15 apiece would fetch the exchequer around Rs 1,600 crore.
Sep 16, 2014, 18:19 PM IST
Make specific allegations against SAIL: HC to NGO
The Delhi High Court Wednesday asked an NGO, which has filed a PIL for a court-monitored CBI or SIT probe into alleged irregularities in various tendering process undertaken by PSU SAIL, to make specific allegations.
Sep 10, 2014, 21:43 PM IST
SAIL stake sale this month; more incentives for retail players
The government is proposing to offload 5 percent stake in SAIL this month and provide more incentives to retail investors to increase their participation.
Sep 09, 2014, 21:40 PM IST
SAIL, NTPC asked to give JV info of mines for submission to SC
The details have been sought from government allocatees of coal blocks allotted between 1995 and 2007 which are operational or are likely to commence output in FY'15.
Sep 04, 2014, 16:24 PM IST
SAIL-RINL-NMDC to form SPV to buy Rio Tinto Mozambique assets
Consortium members of International Coal Ventures Ltd - SAIL, RINL and NMDC - will form a special purpose vehicle to buy Rio Tinto's Mozambique coal mines as other partners NTPC and Coal India are not keen on taking part in ICVL's maiden deal announced last month.
Aug 17, 2014, 21:26 PM IST
SAIL posts Rs.529 crore profit
Steel major Steel Authority of India Ltd (SAIL) on Monday said that it had closed the first quarter of the current fiscal on standalone basis with a net profit of Rs.529.88 crore up from Rs.450.91 crore posted during previous year`s first quarter.
Aug 11, 2014, 19:13 PM IST
SAIL Q1 net profit rises 18% to Rs 530 crore
The turnover of the company rose to Rs 12,515 crore, registering a growth of 10 percent as compared to year-ago period.
Aug 11, 2014, 15:53 PM IST
SAIL, BHEL, HMT identified to takeover three sick PSUs
Government has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT.
Aug 08, 2014, 15:26 PM IST
SAIL in talks with IDCOL for buying two subsidiaries
Sources said following detailed due-diligence of assets, there has been a series of discussions between the two parties.
Aug 07, 2014, 18:23 PM IST
CAG flays SAIL on avoidable expenditure
Government auditor CAG has flayed steel maker SAIL for incurring Rs 10.74 crore avoidable freight expenditure and wasting opportunity to save Rs 28.36 crore by delaying commissioning of a project at VISP.
Aug 05, 2014, 18:40 PM IST
