Steel Authority-of-india

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Steel Authority-of-india - Total results - 11
India fears Sino-US trade war will lead to dumping of Chinese steel; domestic industry asks govt to hike duties to 25%
Business

India fears Sino-US trade war will lead to dumping of Chinese steel; domestic industry asks govt to hike duties to 25%

India, the world’s second-largest steel producer, turned net importer in the year ended 31 March 2019 after a gap of three years.

SAIL, RINL spent over Rs 1,000 cr on R&D in last 3 financial yrs; adoption of technology key for quality steel: Steel minister
Business

SAIL, RINL spent over Rs 1,000 cr on R&D in last 3 financial yrs; adoption of technology key for quality steel: Steel minister

Steel companies in both private and public sectors are conducting research in iron and steel sector, Minister of Steel Chaudhary Birender Singh said.

SAIL declines government call for dividend for FY18, steelmaker says it does not have 'any cash'
Business

SAIL declines government call for dividend for FY18, steelmaker says it does not have 'any cash'

SAIL's refusal could make it harder for the government to meet its budgeted target of raising 1.06 trillion rupees from the dividends and profit of state-owned companies

Steel minister directs SAIL to take steps to free land from encroachers in different parts of country
Business

Steel minister directs SAIL to take steps to free land from encroachers in different parts of country

Steel Minister Chaudhary Birender Singh during a meeting with officials of Steel Authority of India Ltd (SAIL) expressed serious concern over encroachment of land in different plants and units of SAIL in the country

Government could lower stake in CPSEs to 49%; proposal will not include firms that are of strategic importance
Business

Government could lower stake in CPSEs to 49%; proposal will not include firms that are of strategic importance

The government has set a timeline of three years to lower its stake in most central public sector enterprises (CPSEs).

SAIL supplies 80% steel required for construction of Sardar Sarovar Project
Business

SAIL supplies 80% steel required for construction of Sardar Sarovar Project

SAIL supplied around 85,000 tonnes of steel (TMT) for the entire Sardar Sarovar Narmada Nigam Ltd (SSNNL) project which comprises all the canals throughout Gujarat which are connected to Narmada River and Dam,

Pay hike bonanza worth Rs 17,000 cr for central PSU employees on the cards, says report
Business

Pay hike bonanza worth Rs 17,000 cr for central PSU employees on the cards, says report

For executives, a minimum pay of Rs 30,000 per month from the current Rs 12,600 a month has been recommended by the PRC

Sail contributed in the success of Isro satellite launch by supplying special steel
News & Analysis

Sail contributed in the success of Isro satellite launch by supplying special steel

In line with the once popular baseline of Steel Authority of India (SAIL) that "There's a little bit of SAIL in everybody's life", the state-owned PSU has supplied special steel for ISRO launch of record 104 satellites in a single rocket.

Will govt sell SAIL's stake? CCEA decision today
Business

Will govt sell SAIL's stake? CCEA decision today

The Department of Disinvestment will seek the Cabinet approval today to sell government's 10.82 percent stake in Steel Authority of India (SAIL) through auction route.