Sunday Aug 17
SAIL lines up Rs 135000crore plan to triple capacity in 10 yrs
India's largest steel-maker, state-owned Steel Authority of India Ltd, will embark on the biggest expansion drive in its history to more than double its capacity to 50 million tonnes by 2025, a move that is likely to involve an an investment of The expansion will be executed in two phases and will see the company's steel-making capacity go from the ... (more)
Fri Aug 15, 2014
On the RiskMap Radar: Ebola, India's Privatization Program, and US Midterm Elections
The Ebola outbreak, Indian privatization and US midterms feature in the latest edition of our RiskMap Podcast , with Michael Moran and David Lea.
Mon Aug 11, 2014
SAIL posts Rs.529 crore profit
Steel major Steel Authority of India Ltd Monday said it had closed the first quarter of the current fiscal on standalone basis with a net profit of Rs.529.88 crore up from Rs.450.91 crore posted during previous year's first quarter.
Sat Aug 09, 2014
SAIL backs out from Sindri investments worth Rs 35k cr
Steel Authority of India will no longer invest in the revival of the Sindri unit of loss-making Fertilizer Corporation of India Ltd. The plan was to set up a new 1.15 million tonnes per annum fertiliser plant, a new steel mill of 5.6 mtpa capacity and a 1,000 MW power plant at Sindri with a combined investment of R35,000 crore.
Thu Aug 07, 2014
SAIL bosses meet CM
Ranchi, Aug. 7: Two senior officials of Steel Authority of India Limited met chief minister Hemant Soren today to end an impending lease deadlock on four mines, ore from which is used in its steel plants, including one in Bokaro.
Thu Jul 31, 2014
Odisha miners want early nod after Sail, Tata Steel get leases
Private and small miners in Odisha are pressing for early approval of mining leases after Steel Authority of India and Tata Steel resumed mining last month.
Tue Jul 29, 2014
Bid to hasten Coal India selloff
It has already lined up sales in a clutch of PSUs, including Steel Authority of India Limited and ONGC, through the offer for sale route.
Thu Jul 24, 2014
Omar Abdullah cancels land allotment to SAIL for failing to start project
Jammu and Kashmir government on Thursday directed cancelling of the land allotment to Steel Authority of India Limited at Lassipora Industrial Estate as the public sector company failed to start project work even after several years.
Govt's stake sale plans set for a Diwali boost
Apart from these two, the department of disinvestment has identified about a dozen other companies in which the government could offload shares this financial year.