Steel Authority Of India Limited

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'Steel Authority Of India Limited' - 24 News Result(s)

  • Jharkhand Orders Closure of Some Iron Ore Mines: Report

    Jharkhand Orders Closure of Some Iron Ore Mines: Report

    Mining curbs in India in states such as Goa and Karnataka along with mine closures in top producing Odisha have limited iron ore availability in the country, opening the door to more imports this year, which could help absorb some of the surplus in g...

  • SAIL bags Rs 650-crore rail supply orders

    SAIL bags Rs 650-crore rail supply orders

    Steel Authority of India Limited (SAIL) on Friday said it has won two global tenders for supplying over 1.17 lakh tonnes of rails worth Rs 650 crore.

  • India becomes net steel exporter after 6 years in FY14

    India becomes net steel exporter after 6 years in FY14

    India became net steel exporter in 2013-14 after a gap of six years and is likely to maintain the momentum in 2014-15 as producers are looking to dock more overseas shipment to tide over subdued domestic consumption.

  • SAIL to invite bids for appointing MDO for Chiria mines soon

    SAIL to invite bids for appointing MDO for Chiria mines soon

    The detailed project report (DPR) prepared by the external consultant, Hatch Associates of Australia, has already been approved by the company.

  • India's largest blast furnace starts operating at SAIL plant

    India's largest blast furnace starts operating at SAIL plant

    With a daily hot metal production of 8,000 tonnes per day, the furnace has a life of 20 years and is equipped with systems such as pulverised coal injection, among others, the statement said.

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

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

    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.

  • Government to sell 5.82% stake in SAIL on March 22

    Government to sell 5.82% stake in SAIL on March 22

    The Government of India will sell a 5.82 per cent stake in Steel Authority of India Ltd (SAIL) on March 22, Friday, the company announced in a stock exchange announcement late Wednesday.

  • Ministerial panel's meet on SAIL disinvestment postponed amid political developments

    Ministerial panel's meet on SAIL disinvestment postponed amid political developments

    The meeting of Empowered Group of Ministers (EGoM) on disinvestment, headed by Finance Minister P Chidambaram, has been postponed till Wednesday as some ministers, who are part of the EGoM, were not available, sources said.

  • NALCO stake sale: Government raises over Rs 626 crore

    NALCO stake sale: Government raises over Rs 626 crore

    The government has raised $116 million by selling shares in state-run National Aluminium Co Ltd (NALCO) on Friday, taking the government closer to its fundraising target to reduce the budget deficit.

  • Ministerial panel to discuss Nalco stake sale tomorrow; SAIL next week

    Ministerial panel to discuss Nalco stake sale tomorrow; SAIL next week

    Keen to achieve the scaled down disinvestment target of Rs 24,000 crore, the government is working to sell part of its stake in National Aluminium Company (Nalco) and Steel Authority of India (SAIL) in the next fortnight.

  • SAIL Q3 net slips 23%, misses estimates

    SAIL Q3 net slips 23%, misses estimates

    State-owned Steel Authority of India reported a 23 per cent drop in quarterly profit, weighed by higher input and wage costs and sluggish sales.

  • Rupee strengthens to 16-week high against dollar

    Rupee strengthens to 16-week high against dollar

    The rupee strengthened to its highest closing level in three-and-a-half months on Tuesday, helped by foreign inflows ahead of the government stake sale in state-run power producer NPTC, although weak domestic shares and demand for the greenback from ...

  • Sales down on poor demand, competition: SAIL

    Sales down on poor demand, competition: SAIL

    Subdued demand for both long and flat products coupled with rising competition have negatively impacted Steel Authority of India Limited's (SAIL's) sales by nearly three per cent at 76.03 lakh tonnes in the nine-month period ended December, a senior ...

  • RINL, SAIL sales decline during April-December period

    RINL, SAIL sales decline during April-December period

    Sales of state-run steel makers SAIL and RINL dipped by 2.71 per cent and 17 per cent, respectively, in the April-December period of the current fiscal year despite a 3.9 per cent rise in India's steel consumption during the period.

  • SAIL Q1 net falls to Rs 696 crore on higher forex loss

    SAIL Q1 net falls to Rs 696 crore on higher forex loss

    SAIL's bottomline was also hurt by a 40 per cent decline in the other income component.

  • SAIL Q3 net down 43%, shares plunge

    SAIL Q3 net down 43%, shares plunge

    Power and fuel costs rose to Rs 1128.47 crore against Rs 887.61 crore a year ago.

  • STEEL AUTHORITY OF INDIA LTD. - Updates on amalgamation of Maharashtra Elektrosmelt Limited with Steel Authority of India Limited

    Steel Authority of India Ltd has informed BSE that the Ministry of Corporate Affairs has by its order dated June 10, 2011 sanctioned the scheme of amalgamation between Maharashtra Elektrosmelt Limited ("MEL") and Steel Authority of India Limited ("SAIL") under Sections 391 to 394 of ...

  • SAIL FPO rescheduled due to adverse market conditions

    SAIL FPO rescheduled due to adverse market conditions

    PSU major Steel Authority of India Limited’s Rs 8,000-crore follow-on-public offer (FPO) has been rescheduled. SAIL's chairman CS Verma on Wednesday said the company will not file FPO documents due to unfavourable market conditions. Speaking to NDTV SAIL Chairman CS Verma said, "We are...

  • Steel Authority of India Limited - AGM/Book Closure

    Steel Authority Of India Limited has informed the Exchange that the Annual General Meeting of the members of the Company will be held on September 14, 2010. Further, the Company has decided to close the Register of Members and Share Transfer Books ahead of the Annual General Meeting, fro...

  • Steel Authority of India Limited - Retirement of Director

    Steel Authority Of India Limited has informed the Exchange that on attaining the age of superannuation Shri S.P.Rao, MD ISP has ceased to be Director on the Board of Steel Authority of India Limited with effect from June 30, 2010 (A/N).

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