Govt has drawn list of PSUs for strategic sale: Jaitley
Finance Minister Arun Jaitley today said the government has drawn a list of state-owned companies which will be put on block for strategic sale.
Mar 25, 2015, 21:29 PM IST
Govt allots 38 coal mines to central, state PSUs
The government on Tuesday allotted 38 mines to central and state public sector units including power major NTPC, DVC and steel giant SAIL.
Mar 24, 2015, 19:49 PM IST
SAIL undertakes modernisation, expansion of 5 steel plants
SAIL has undertaken modernisation and expansion at five of its steel plants to augment its crude steel production capacity to 21.4 MTPA.
Mar 18, 2015, 17:17 PM IST
SAIL Q3 Net up 9% at Rs 579 crore
The company had clocked Rs 533 crore net profit in the corresponding quarter of last fiscal, it said in a statement.
Feb 13, 2015, 18:01 PM IST
Coal imports fall 20% in January, snap surging trend
The surging trend of coal imports in recent times snapped in January as shipments fell by 20 percent over the previous month due to lower demand from domestic steel makers, as per mjunction data.
Feb 08, 2015, 13:21 PM IST
Govt to allow PSUs with mining experience for exploration work
The government is likely to allow state-run entities with experience in mining activity, such as NMDC, SAIL and MOIL, to carry out prospecting work on par with the likes of the Geological Survey of India.
Feb 02, 2015, 18:48 PM IST
Major disinvestments before March 31: Arun Jaitley
The government will go for major disinvestment in the next two-and-a-half months and will strive to stick to the fiscal deficit target of 4.1 percent in the current year, Finance Minister Arun Jaitley said on Friday.
Jan 09, 2015, 22:20 PM IST
SAIL plans Rs 1,50,000 crore investment by 2030-31
SAIL, country's largest steel maker, has charted investment of Rs 1,50,000 crore till 2030-31 to ramp up steel production from 23 million tonnes to 50 million tonnes.
Jan 08, 2015, 12:07 PM IST
West Bengal gets Rs 93,600 cr investment pledge on first day of Summit
Companies including state-run SAIL on Wednesday committed to invest over Rs 93,000 crore in West Bengal, while Chief Minister Mamata Banerjee said total commitments would exceed Rs one lakh crore during the ongoing two-day Global Business Summit.
Jan 07, 2015, 18:51 PM IST
Take immediate steps to boost SAIL profitability: Parl panel
Concerned over eroding bottomline of steel giant SAIL, a Parliamentary panel has said the government should take immediate steps to boost its profit while asking the PSU management to do some "serious brainstorming" to improve output.
Dec 28, 2014, 12:18 PM IST
Bokaro to replace Bhilai as SAIL's top steel producing unit
Replacing Bhilai, the Bokaro unit will become the largest steel plant of SAIL as the state-run firm completes its next phase of expansion programme with Rs 1.5 lakh crore investment by 2025.
Dec 25, 2014, 16:37 PM IST
Barring Burnpur, no cost overrun in SAIL's expansion: Govt
The government Wednesday said except for a Rs 1,965 crore cost overrun in the capacity expansion of SAIL's Burnpur plant, there has been no cost escalation in the state-run firm's entire Rs 72,000 crore ongoing exercise.
Dec 10, 2014, 19:42 PM IST
India's steel consumption grows by 1.3% in Apr-Nov
India's steel consumption grew by a moderate 1.3 percent to 48.62 million tonnes during the April-November period of current fiscal on lingering effect of the economic slowdown and slow growth in production.
Dec 09, 2014, 19:26 PM IST
Steel cos competitive enough to counter surge in imports: SAIL
Allaying apprehensions of rising steel imports, state-run SAIL Sunday said capacity expansion of almost all steel-makers indicate that the domestic industry is resilient and competitive enough to balance it out with proportionate exports.
Dec 07, 2014, 16:49 PM IST
SAIL offer for sale subscribed more than two-times, govt gets Rs 1,715 crore
Government's disinvestment drive got a tremendous start Friday, with steel major SAIL's share sale being subscribed more than two times fetching the exchequer Rs 1,715 crore.
Dec 05, 2014, 17:30 PM IST
Sebi finds 22 PSUs violating norms; SBI files for settlement
Others include SAIL, ITDC, HMT, Shipping Corporation, NTPC, NHPC, STC, Nalco, EIL, REC and Neyveli Lignite.
Dec 05, 2014, 16:22 PM IST
SAIL offer over-subscribed; Govt to raise at least Rs 1,500 cr
While the new government assumed power in late May, there have been no PSU share sales so far in the current fiscal.
Dec 05, 2014, 11:36 AM IST
SAIL disinvestment on today, govt to get Rs 1,700 cr
The SAIL offering would be the first PSU share sale under the new government, which targets to raise Rs 43,425 crore.
Dec 05, 2014, 08:42 AM IST
Govt to sell 5% stake in SAIL on Friday; floor price fixed at Rs 83
The floor price of Rs 83/share indicates a 2.75 per cent discount to the closing price of SAIL scrip that ended 0.35 per cent down at Rs 85.35 on the BSE.
Dec 04, 2014, 17:43 PM IST
SAIL disinvestment on Friday, govt to get Rs 1,700 cr
Kicking off its disinvestment drive, the government will sell 5 percent of its stake in steel major SAIL on Friday, which could fetch Rs 1,700 crore to the exchequer.
Dec 03, 2014, 19:07 PM IST
