Steel Authority Of India
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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
•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
Fp Staff •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
•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
Fp Staff •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
Fp Archives •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
Fp Archives •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.
SAIL led consortium bags mining rights for 3 Afghan mines
Fp Archives •In a strategically significant development, Afghanistan today awarded mining rights for three Hajigak blocks to an Indian consortium led by state-run, SAIL.