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RINL IPO unlikely to hit markets this fiscal
State-run Rashtriya Ispat Nigam's (RINL) Rs 2,500-crore initial public offer is unlikely to hit the market in current fiscal as it has to start the process anew following expiry of the offer document filed with Sebi. #NewsTracker #IPO #steel #RINL
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No consensus on pricing, govt defers RINL IPO yet again
RINL issue was supposed to kick start the divestment programme through which the government aims to garner Rs 30,000 crore. The issue was slated to hit the markets on October 15. #Disinvestment #IPO #Chidambaram #IPOAlert #RINL
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RINL seeks Steel Min help to bring down iron ore price
Anticipating erosion of bottomline due to the twin effect of iron ore price hike and decline of steel prices, state-run Rashtriya Ispat Nigam has urged steel ministry to impress upon NMDC to bring down prices of key steel input. #CorporateStrategy #Iron ore #RINL
Wire
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Economic Times
Govt allows SAIL, RINL to charter ships directly
NEW DELHI: On the lines of dispensation given to oil firms, PSU steel makers SAIL and RINL have the freedom now to charter ships directly for importing coking coal without going through state-owned Transchart. "This decision will help in meeting the shor #New Delhi #Steel Authority of India Limited
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Economic Times
RINL plans to set up 3 mtpa steel plant in Jharkhand
NEW DELHI: Rashtriya Ispat Nigam Ltd (RINL) plans to set up a three million tonnes per annum (mtpa) steel plant in Jharkhand involving an estimated Rs 16,500 crore investment. The state-run steel manufacturer's Chairman and Managing Director A P Choudhar #Jharkhand #New Delhi
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Economic Times
SAIL, RINL raw material needs to rise up to 39%
NEW DELHI: Raw material needs of public sector steel majors SAIL and RINL are going to increase by up to 39 per cent in three years as they are on the verge of completing capacity expansion programmes. In a written reply to the Lok Sabha, Steel Minister #Beni Prasad Verma #New Delhi #Lok Sabha




