steel authority of india limited

Government to raise Rs.4,000 crore by selling stake in SAIL (Lead)


July 20th, 2012 - 8:31 pm ICT by IANS
New Delhi, July 20 (IANS) The government has decided to sell through auction 10.82 percent stake in the Steel Authority of India Limited (SAIL), which is estimated to fetch ... Read more...

Posted in Business |

Rourkela steel plant records best production in Q1


July 2nd, 2012 - 9:02 pm ICT by IANS
Bhubaneswar, July 2 (IANS) Rourkela Steel Plant (RSP), a unit of the state-run Steel Authority of India Limited (SAIL), has scored it's best production performance in key areas in the ... Read more...

Posted in Business |

SAIL to invest Rs.21,000 crore in West Bengal


May 25th, 2012 - 10:29 pm ICT by IANS
Kolkata, May 25 (IANS) The West Bengal government has entered into an MoU with the Steel Authority of India Limited (SAIL) and the Burn Standard Company Ltd (BSCL) to ... Read more...

Posted in Business |

Record single day production at RSP


February 13th, 2012 - 9:20 pm ICT by IANS
Bhubaneswar, Feb 13 (IANS) Rourkela Steel Plant (RSP), a unit of the state-run Steel Authority of India Limited (SAIL), Monday said it had registered its best ever single day production ... Read more...

Posted in Business |

Rourkela Steel records best January production


February 2nd, 2012 - 10:54 pm ICT by IANS
Bhubaneswar, Feb 2 (IANS) Rourkela Steel Plant, a unit of the state-run Steel Authority of India Limited (SAIL), Thursday said it has registered the best performance in hot metal production ... Read more...

Posted in Business |

Rourkela Steel records highest ever December production


January 3rd, 2012 - 7:24 pm ICT by IANS
Bhubaneswar, Jan 3 (IANS) Rourkela Steel Plant, a unit of the state-run Steel Authority of India Limited (SAIL), Tuesday said it registered the highest ever hot metal and crude ... Read more...

Posted in Uncategorized |

Rourkela Steel sees best ever November production


December 2nd, 2011 - 7:06 pm ICT by IANS
Bhubaneswar, Dec 2 (IANS) The Rourkela Steel Plant (RSP), a unit of the state-run Steel Authority of India Limited (SAIL), Friday said it has registered its best ever production performance ... Read more...

Posted in Business |

Pranab hopes to meet Rs.40,000 crore disinvestment target


November 18th, 2011 - 8:36 pm ICT by IANS
New Delhi, Nov 18 (IANS) The government has not revised downward the disinvestment target of Rs.40,000 crore for the current fiscal and was hopeful of meeting it, Finance Minister ... Read more...

Posted in Business |

SAIL expansion project stuck over religious row


November 15th, 2011 - 11:48 pm ICT by IANS
Kolkata, Nov 15 (IANS) A Rs.17,000 crore expansion project of a Steel Authority of India Limited (SAIL) plant in West Bengal has been halted after villagers at the site objected ... Read more...

Posted in Business |

SAIL Q2 net profit declines 54.6 percent


November 3rd, 2011 - 5:35 pm ICT by IANS
New Delhi, Nov 3 (IANS) State-owned Steel Authority of India Limited (SAIL) Thursday reported a 54.6 percent decline in net profit at Rs.494.64 crore for the quarter ended Sep 30 ... Read more...

Posted in Business |

Ramesh assures Munda of Maoist areas’ speedy development


October 31st, 2011 - 11:45 pm ICT by IANS
New Delhi, Oct 31 (IANS) Rural Development Minister Jairam Ramesh Monday assured Jharkhand Chief Minister Arjun Munda that there would be no dearth of funds to implement the development action ... Read more...

Posted in Business |

RSP achieves best-ever saleable steel production


October 3rd, 2011 - 7:52 pm ICT by IANS
Bhubaneswar, Oct 3 (IANS) The Rourkela Steel Plant (RSP), a unit of state-run Steel Authority of India Limited (SAIL), Monday said it has registered its best ever saleable steel production ... Read more...

Posted in Business |

Revised disinvestment target in November: Official


October 1st, 2011 - 7:10 pm ICT by IANS
Kolkata, Oct 1 (IANS) The central government will come up with a revised disinvestment target and determine the revised number of public sector enterprises whose stake will be divested in ... Read more...

Posted in Business |

Rs.40,000 crore disinvestment target will be met: Official


September 13th, 2011 - 9:49 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government will be able to meet the targeted Rs.40,000 crore through divesting its stake in public sector undertakings during the current financial year, ... Read more...

Posted in Business |

SAIL investing Rs.20,000 crore for modernising Bengal units


September 10th, 2011 - 10:11 pm ICT by IANS
Kolkata, Sep 10 (IANS) State-run Steel Authority of India Ltd (SAIL) is injecting Rs.20,000 crore for modernisation and expansion of three of its units in West Bengal.SAIL chairman C.S. ... Read more...

Posted in Business |

Come to Chhattisgarh for deals in food processing and IT: Chief minister (Interview)


September 4th, 2011 - 11:52 am ICT by IANS
Raipur, Sep 4 (IANS) Chhattisgarh needs investment in downstream sectors - mainly in food processing and information technology (IT) - as the state has already enough in power and ... Read more...

Posted in Business |

Rourkela Steel sees best-ever performance


September 2nd, 2011 - 9:39 pm ICT by IANS
Bhubaneswar, Sep 2 (IANS) The Rourkela Steel Plant (RSP), a unit of state-run Steel Authority of India Limited (SAIL), Friday said it has registered its best ever production performance for ... Read more...

Posted in Business |

Coal giant looks at huge losses amid closure orders


August 24th, 2011 - 6:49 pm ICT by IANS
Ranchi, Aug 24 (IANS) Bharat Coking Coal Limited (BCCL) stands to lose production of around 40,000 tonnes of coal each day following orders from the Jharkhand State Pollution Control Board ... Read more...

Posted in Environment |

PSU stake sale only when markets right: Mukherjee


August 19th, 2011 - 9:47 pm ICT by IANS
New Delhi, Aug 19 (IANS) Finance Minister Pranab Mukherjee Friday said the government would sell its stake in the public sector undertakings (PSUs) only when market conditions were favourable."We ... Read more...

Posted in Uncategorized |

10 percent NBCC divestment okayed


August 11th, 2011 - 11:41 pm ICT by IANS
New Delhi, Aug 11 (IANS) The government Thursday approved divestment of 10 percent of its equity holding in state-run construction and engineering firm National Buildings Construction Corporation Limited (NBCC).In a ... Read more...

Posted in Business |

Pranab’s son made Bengal unit general secretary


August 4th, 2011 - 10:59 pm ICT by IANS
Kolkata, Aug 4 (IANS) Union Finance Minister and Congress stalwart Pranab Mukherjee's son Abhijit Mukherjee Thursday was made the general secretary of the party's West Bengal unit besides becoming ... Read more...

Posted in Politics |

Rourkela Steel sees best ever production


August 1st, 2011 - 8:28 pm ICT by IANS
Bhubaneswar, Aug 1 (IANS) The Rourkela Steel Plant (RSP), a unit of state-run Steel Authority of India Limited (SAIL), Monday said it has registered its best ever production performance for ... Read more...

Posted in Business |

Ex-IAF officer, wife murdered (Lead)


July 4th, 2011 - 7:35 pm ICT by IANS
Ghaziabad, July 4 (IANS) A retired Indian Air Force (IAF) officer and his wife were found murdered in their ransacked Ghaziabad house Monday morning, police said.Bodies of Rana Pratap and ... Read more...

Posted in Uncategorized |

Ex IAF officer, wife murdered


July 4th, 2011 - 1:24 pm ICT by IANS
Ghaziabad, July 4 (IANS) A retired Indian Air Force officer and his wife were found murdered in their ransacked Ghaziabad house Monday morning, police said.Police said unidentified robbers barged into ... Read more...

Posted in Uncategorized |

Will Dhoni adopt a tiger please!


May 3rd, 2011 - 3:58 pm ICT by IANS
Ranchi, May 3 (IANS) Enthused by Bollywood actress Priyanka Chopra's gesture to 'adopt' a tigress, the authorities at Birsa Zoological Park are hoping cricket captain and Ranchi boy M.S. ... Read more...

Posted in Sports |

Pranab’s son, daughter-in-law own assets worth Rs.5 crore


April 6th, 2011 - 2:07 pm ICT by IANS
Nalhati (West Bengal), April 6 (IANS) Union Finance Minister Pranab Mukherjee's son Avijit, who has filed his papers as a Congress nominee for the West Bengal assembly polls, owns ... Read more...

Posted in Politics |

SAIL to surpass sales target in 2010-11


March 15th, 2011 - 8:25 pm ICT by IANS
New Delhi, March 15 (IANS) The government-run Steel Authority of India Limited (SAIL) is set to surpass its production target for the current fiscal (2010-11) by over four percent on ... Read more...

Posted in Business |

Pranab Mukherjee’s son to join Congress Friday


March 7th, 2011 - 7:43 pm ICT by IANS
Kolkata, March 7 (IANS) Congress stalwart and union Finance Minister Pranab Mukherjee's son Avijit will officially join the party on March 11 and contest the state assembly polls from ... Read more...

Posted in Uncategorized |

Pranab Mukherjee’s son tipped to contest in West Bengal


November 18th, 2010 - 7:16 pm ICT by IANS
By Sirshendu Panth Kolkata, Nov 18 (IANS) Congress stalwart Pranab Mukherjee's technocrat son Avijit could be seen as a party candidate from the Nalhati seat in Birbhum district in the West Bengal ... Read more...

Posted in Politics |

Mamata blames Bengal administration for illegal mining


October 30th, 2010 - 10:05 pm ICT by IANS
Kolkata, Oct 30 (IANS) Railways Minister Mamata Banerjee Saturday blamed the state administration for rampant illegal mining in West Bengal's Burdwan district, saying its failure to set up industries has aggravated ... Read more...

Posted in Business |

SAIL and RITES to jointly manufacture railway wagons


September 14th, 2010 - 8:46 pm ICT by IANS
New Delhi, Sep 14 (IANS) State-run Steel Authority of India Limited (SAIL) Tuesday said it has signed a joint venture agreement with RITES, a subsidiary of the Indian Railways, to ... Read more...

Posted in Business |

Four state firms given Maharatna status in May


August 3rd, 2010 - 6:02 pm ICT by IANS
New Delhi, Aug 3 (IANS) The government has accorded the coveted Maharatna status to NTPC, Oil and Natural Gas Corporation, Steel Authority of India Limited and Indian Oil Corporation, allowing the four ... Read more...

Posted in Business |

SAIL net profit drops 11.55 percent in the first quarter


July 29th, 2010 - 6:20 pm ICT by IANS
New Delhi, July 29 (IANS) State-run steel producing giant Steel Authority of India Limited (SAIL) Thursday reported a 11.55 percent decline in net profit below street estimates at Rs.1,176.65 crore as against ... Read more...

Posted in Business |

Lack of independent directors in PSEs a hurdle: Sumit Bose


July 2nd, 2010 - 6:09 pm ICT by IANS
Kolkata, July 2 (IANS) Lack of enough independent directors in the boards of public sector enterprises (PSE) is a hindrance in listing those in the bourses, Disinvestment Secretary Sumit Bose said here ... Read more...

Posted in Business |

BOC to raise Rs.780 cr in 2011


May 24th, 2010 - 9:34 pm ICT by IANS
Kolkata, May 24 (IANS) BOC India Ltd would raise Rs.780 crore (denominated in euros) in 2011 through external commercial borrowing to execute its projects of Steel Authority of India and Tata Steel ... Read more...

Posted in Business |

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