Govt to sell part stake in SAIL, RINL, HAL in FY15
He further said that 5 percent stake sale in SAIL is also scheduled for completion this fiscal.
Aug 05, 2014, 16:27 PM IST
SAIL eyes majority stake in Neelachal Ispat
NINL also produces LAM coke used by the steel industry. It has a 62.5 MW captive power plant to meet captive needs.
Aug 05, 2014, 15:35 PM IST
Roadshows for SAIL stake sell to start month-end
Domestic roadshows for the issue, in which government's around 20.65 crore shares would be divested through Offer For Sale, or auction route, will be held in Mumbai and Chennai.
Aug 04, 2014, 14:13 PM IST
Steel Ministry to appoint consultant for boosting SAIL's performance
Worried over declining profit in SAIL, the Steel Ministry has decided to appoint a globally-renowned consultancy agency to carry out a "diagnostic study" for enhancing the maharatna's performance.
Aug 03, 2014, 13:22 PM IST
S&P downgrades SAIL credit rating, withdraws rating on request
Global rating agency Standard & Poor's (S&P) on Thursday lowered the long-term corporate credit rating of state-run SAIL to 'BB+' from 'BBB-' and then withdrew the rating on the company's request.
Aug 01, 2014, 00:50 AM IST
SAIL may invest Rs 1.5 lakh cr for raising capacity
SAIL is raising its hot metal capacity to 23.4 mtpa from 13.8 mtpa now with Rs 72,000 crore investment. Expansions are at the advanced stages of implementation.
Jul 30, 2014, 19:08 PM IST
SAIL to tap overseas markets
State-run SAIL plans to export higher volumes of steel after commissioning new facilities under modernisation and expansion plan, Minister of State for Steel Vishnu Deo Sai said Wednesday.
Jul 23, 2014, 16:29 PM IST
SAIL, RINL spend Rs 7,000 cr for plants' maintenance in 3 years
State-owned SAIL and RINL together incurred average expenditure of more than Rs 7,000 crore towards maintenance of different plants in the last three financial years, the government said today.
Jul 21, 2014, 13:54 PM IST
NTPC-SAIL Power Company pays Rs 86.28 crore dividend
NTPC-SAIL Power Company, a joint venture between state-run NTPC and SAIL, paid a dividend of over Rs 86 crore to the government.
Jul 19, 2014, 15:45 PM IST
Coal production from captive mines likely at 53 MT in FY'15
Coal production from captive coal blocks allocated to firms like SAIL, Sasan Power and Jindal Steel and Power Ltd is expected to reach 53 million tonnes (MT) in the current fiscal.
Jul 07, 2014, 15:24 PM IST
India likely to sell 5% stake in SAIL: Sources
The sources declined to be named as they were not authorised to speak to the media before a government announcement.
Jul 03, 2014, 15:13 PM IST
DoD meets SteelMin, merchant bankers on SAIL disinvestment
Kick starting the process of 5 percent stake sale in SAIL, the Disinvestment Department Monday held meeting with merchant bankers and steel ministry officials to move ahead with it.
Jun 23, 2014, 18:55 PM IST
Govt forms panel to probe accident at SAIL's Bhilai plant
The government has set up an independent panel to probe the June 12 leakage of toxic gas at the Steel Authority of India's Bhilai plant that left six people dead.
Jun 20, 2014, 16:15 PM IST
India may sell 5% stake in SAIL: Sources
The new government could sell a 5 percent stake in state-run SAIL and a final decision is likely to be taken next week.
Jun 17, 2014, 17:33 PM IST
Govt to review 27 coal mines next week
With the country reeling under fuel shortages, the government will next week review 27 captive coal blocks allocated to firms like NTPC, Sasan Power and SAIL, which have not yet reached peak capacity or which are likely to start production in the current fiscal.
Jun 13, 2014, 23:25 PM IST
New Steel Minister okays wage revision in SAIL, 85K to benefit
Steel Minister Narendra Singh Tomar approved a 17 percent hike in basic and dearness allowances and 6 percent rise in perks for the company's non-executive employees.
Jun 12, 2014, 17:18 PM IST
