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SAIL NEWS IN ENGLISH

  • sail kiocl to form rs. 450 crore joint venture for coke

    SAIL, KIOCL to form Rs. 450-crore joint venture for coke oven battery: report

    March 09, 2014 20:38 IST

    New Delhi: SAIL and KIOCL, two PSUs under the Steel Ministry, are set to ink a joint venture partnership for setting up a three lakh tonne coke oven battery and a captive power plant at

  • sail rinl nmdc to achieve rs 15 820 cr capex target in

    SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY2014

    December 29, 2013 16:17 IST

    New Delhi: Having failed to achieve their capex targets last fiscal, three major state-owned firms - SAIL, NMDC and RINL - hope to meet cumulative Rs 15,820 crore target set for the current fiscal. Expressing

  • sail seeks final jharkhand iron ore mine approvals from pmg

    SAIL seeks final Jharkhand iron ore mine approvals from PMG

    November 17, 2013 15:46 IST

    New Delhi: SAIL has knocked at the doors of the Prime Minister's Project Monitoring Group (PMG), set up to expedite approvals of stalled infrastructure proposals, seeking final forest and environment clearances for mining and capacity

  • sail q2 net up 117 at rs. 1 180 crore on exceptional gains

    SAIL Q2 net up 117% at Rs. 1,180 crore on exceptional gains

    November 11, 2013 17:08 IST

    New Delhi: State-owned steel major SAIL today reported over a 2-fold jump in standalone net profit to Rs. 1,180.39 crore for the quarter ended September 30, primarily due to an exceptional gain of Rs. 1,056

  • burnpur plant s rs16k cr modernisation nearing completion

    Burnpur plant's Rs16k cr modernisation nearing completion:SAIL

    October 05, 2013 18:50 IST

    New Delhi: State-run Steel Authority of India (SAIL) today said modernisation of its IISCO Steel Plant (ISP) at Burnpur, undertaken at an investment of Rs 16,000 crore, is nearing completion.“SAIL ISP is being upgraded and

  • sail to invest around rs. 800 cr to develop bhilwara mine

    SAIL to invest around Rs. 800 cr to develop Bhilwara mine

    September 22, 2013 23:31 IST

    New Delhi: State-owned steel maker Steel Authority of India Limited (SAIL) plans to invest around Rs. 800 crore to develop Bhilwara iron ore mine in Rajasthan and set up a pellet plant with 2 million

  • sail adopts cost saving initiatives to save rs 5 000 cr in

    SAIL adopts cost saving initiatives to save Rs 5,000 cr in 3 years

    September 12, 2013 19:09 IST

    New Delhi:  Steel Authority of India (SAIL) has adopted a four-pronged cost optimisation strategy aimed at saving Rs 5,000 crore in next three years as it battles the dual challenge of high production cost and

  • sail urges odisha govt to allow its mines to operate

    Sail urges Odisha govt to allow its mines to operate

    July 09, 2013 10:30 IST

    Bhubaneswar, Jul 9: Steel Authority of India Ltd (SAIL) yesterday requested Odisha government not to shut down its mines, operating under deemed extension provision, in the event of non-payment of stamp duty.The request was made

  • sail urges odisha govt to allow its mines to operate

    Sail urges Odisha govt to allow its mines to operate

    India | July 09, 2013 9:36 IST

    Bhubaneswar, Jul 9: Steel Authority of India Ltd (SAIL) yesterday requested Odisha government not to shut down its mines, operating under deemed extension provision, in the event of non-payment of stamp duty.The request was made

  • sail goes ahead with kobe steel jv in durgapur

    SAIL goes ahead with Kobe steel JV in Durgapur

    June 09, 2013 8:42 IST

    Kolkata, June 9: Steel major SAIL has said it was going ahead with its joint venture with Japanese steelmaker Kobe steel to set up an iron ore nugget plant in Durgapur at an investment of

  • sail plans 8 bn investment in chhattisgarh

    SAIL plans $8 bn investment in Chhattisgarh

    November 02, 2012 18:16 IST

    Naya Raipur, Nov 2: State-owned steel major SAIL on Friday said it plans to invest $ 8 billion (around Rs 42,000 crore) in Chhattisgarh, but did not share the timeline.“We have already invested $ 12

  • minister on tour sail stake sale deferred

    Minister on tour, SAIL stake sale deferred

    July 12, 2012 18:36 IST

    New Delhi, July 12: Cabinet Committee on Economic Affairs today deferred a decision on divesting 10.82 per cent government stake in SAIL as Steel Minister Beni Prasad Verma was away on an official tour.Sources said

  • hockey star birendra lakra felicitated

    Hockey Star Birendra Lakra Felicitated

    Hockey | February 29, 2012 17:32 IST

    Rourkela, Feb 29: Indian hockey team member Birendra Lakra, an alumnus of Rourkela Steel Plant's SAIL Hockey Academy, was felicitated by the RSP here today.Dipankar Basu, Executive Director (P & A), RSP felicitated Birendra for

  • sail halves demand pick up six per cent this fiscal

    SAIL Halves Demand Pick Up Six Per Cent This Fiscal

    November 23, 2011 7:44 IST

    Mumbai, Nov 23: State-run Steel Authority of India has halved domestic demand for the alloy to six percent this fiscal from the earlier 10-12 percent on the back of difficult interest rate regime along with

  • hopeful of acquiring mines in afghanistan steel ministry

    Hopeful Of Acquiring Mines In Afghanistan : Steel Ministry

    November 22, 2011 20:47 IST

    Mumbai, Nov 22: The government is hopeful of clinching mining deals in Afghanistan soon as part of its effort to acquire mineral assets overseas with deeper engagement with the Northwestern neighbour.“We have bid for four

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