Sail

Ramesh Chennithala likely to join Oommen Chandy cabinet in Kerala

Press Trust of India | Saturday May 18, 2013

Kerala Pradesh Congress Committee President Ramesh Chennithala is likely to join the Congress-led UDF government headed by Oommen Chandy which has sailed into its third year in office.

Wall Street week ahead: Correction talk gets old as rally sails along

Sunday May 19, 2013

With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old.

Nikkei soars to a 28-month high as dollar sails past 100 yen

Friday May 10, 2013

Japanese shares climbed to a 5-1/2 year high on Friday as the U.S. dollar broke through the elusive 100-yen mark and extended its gains, with exporters and financials leading the charge on prospects of enhanced corporate earnings.

Chinese ships enter disputed territorial waters, says Japan

Agence France-Presse | Sunday May 5, 2013

Three Chinese government ships sailed into the waters of disputed Tokyo-controlled islands on Sunday, Japan's coastguard said.

Steel demand to grow 7-8% this year: SAIL

Sunday April 28, 2013

Countrys largest steel maker SAIL has said it expects the domestic demand for the metal to grow by 7-8 per cent this year, although prices may hover at the current level.

Japan vows to use force if China land on disputed islands

Agence France-Presse | Tuesday April 23, 2013

Japan's prime minister today vowed to "expel by force" any Chinese landing on islands at the centre of a territorial row, after eight government vessels from China sailed into the disputed waters.

IPL 2013: In-form Bangalore aim to sail past struggling Pune

Press Trust of India | Monday April 22, 2013

Royal Challengers are on a roll after winning five matches they have played at home this season and would not want to fritter away their best chance to gain two more vital points before they play their next six games away.

SAIL seeks coal blocks allocation via preferential route

Sunday April 14, 2013

State-owned steel major SAIL has approached the Coal Ministry for allocation of two or three coal blocks under the government dispensation route for meeting fuel requirements of its captive power plants.

India's first automatic toll collection system launched

Press Trust of India | Saturday April 13, 2013

The country's first interoperable RIFD-based electronic toll system was on Friday rolled out on the Ahmedabad-Mumbai National Highway. The system will allow vehicles fitted with electronic tags to sail through six toll plazas automatically.

SAIL signs deal to enter titanium business

Thursday April 4, 2013

Marking its foray into the titanium sector, state-owned steel major SAIL today signed an agreement with Kerala Metal and Minerals Ltd and Kerala State Industrial Development Corporation to set up a joint venture for producing titanium sponge and meta...

Government garners Rs 1,516.17 crore by selling 5.82 per cent stake in SAIL

Tuesday April 2, 2013

The government has garnered Rs 1,516.17 crore from selling its 5.82 per cent stake through the offer for sale (OFS) route in Steel Authority of India (SAIL) on March 22.

Parliamentary Panel reiterates proposal for SAIL-RINL merger

Monday March 25, 2013

A Parliamentary Panel has again asked government to consider its proposal of merging Rashtriya Ispat Nigam (RINL) and Steel Authority of India (SAIL).

LIC pumps in Rs 2,000 crore to government's record disinvestment kitty

Monday March 25, 2013

In the current fiscal, the government has sold shares in eight public sector companies -- NBCC, HCL, NTPC, RCF, Nalco, Oil India, NMDC and SAIL -- as part of its disinvestment programme for the current fiscal ending on March 31.

SAIL share sale: Government raises Rs 14,800 crore

Friday March 22, 2013

India aided its bid to avoid a credit downgrade by raising about Rs 14,800 crore from the selling of shares in state-run Steel Authority of India Ltd, but needed help from state investors to do so.

Rupee ends down, euro zone watched for cues

Friday March 22, 2013

The rupee fell for the first session in three on Friday, tracking losses in local shares and weighed down by oil importers' dollar demand, ending a volatile week largely flat.