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News on Steel Authority of India
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PM may announce Rs 36K cr expansion plan for Rourkela plant

5.57 pm | 29 Mar 2015 |  Source: PTI

Prime Minister Narendra Modi is expected to announce a Rs 36,000 crore capacity expansion plan for SAIL's Rourkela steel plant when he inaugurates the...

Stocks in news: Sun Pharma, Deccan Gold, Century Tex, SAIL

8.27 am | 25 Mar 2015 |  Source: CNBC-TV18

Sun Pharma | Ranbaxy Labs | Idea Cellular | Deccan Gold Mines | PNB | UltraTech Cement | Century Textiles | Godrej Properties | SAIL | NTPC | Tata Tel...

Govt allots 38 coal mines to central, state PSUs

8.21 pm | 24 Mar 2015 |  Source: PTI

As per the original plan, the government had to allot 43 mines but it came out with the list of only 38 mines as there were no applications for some c...

Govt to allot coal mines to PSUs on Tuesday

12.32 pm | 24 Mar 2015 |  Source: PTI

The Coal Ministry had earlier received 107 applications from public sector undertakings (PSUs) like NTPC Ltd, Steel Authority of India Ltd (SAIL), Dam...

SAIL undertakes modernisation, expansion of 5 steel plants

6.05 pm | 18 Mar 2015 |  Source: PTI

The five integrated steel plants are at Bhilai, Bokaro, Rourkela, Durgapur and Burnpur and a special steel plant at Salem, Minister of State for Steel...

Sell Titan Company, SAIL; buy Wockhardt: Sudarshan Sukhani 

2.49 pm | 16 Mar 2015 |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com recommends selling Titan Company and Steel Authority of India and advises buying Wockhardt....

Steelmakers seek speedy implementation of customs duty hike

3.43 pm | 15 Mar 2015 |  Source: PTI

Paying heed to steelmakers' plea, the Budget has created a possibility of raising peak import duty for steels to 15 percent from 10 percent now, aimed...

Govt starts evaluation of 43 mines to be alloted to PSUs

10.15 pm | 11 Mar 2015 |  Source: PTI

The coal block was earlier alloted to Maharashtra State Power Generation Co and Tamil Nadu State Electricity Board. The government had earlier invited...

Govt begins second round of coal mine auctions

2.43 pm | 04 Mar 2015 |  Source: PTI

Government on Wednesday began the second round of coal mine auctions by putting on offer four blocks – all in Jharkhand – with firms including Ada...

Govt to begin auction of 2nd phase of coal mines tomorrow 

8.43 pm | 03 Mar 2015 |  Source: PTI

The mines that will be put on offer tomorrow are Jitpur mine, Moitra mine, Brinda mine and Sasai mine in Jharkhand. The companies vying for Jitpur min...

Stocks in news: ONGC, CIL, Persistent Systems

8.14 am | 02 Mar 2015 |  Source: Moneycontrol.com

ONGC | CIL | Persistent Systems | Bajaj Electricals | Rolta India and ABG Shipyard are stocks, which are in news today....

SAIL, RINL, NMDC plan Rs 12,889 cr capex in FY16

5.21 pm | 01 Mar 2015 |  Source: PTI

Though these three firms, under administrative control of the Steel Ministry, had proposed to spend Rs 15,393 crore in 2014-15, these are likely to en...

So who are the corporate winners and losers post Budget

11.49 am | 01 Mar 2015 |  Source: Reuters

In his first full-year budget since Prime Minister Narendra Modi's landslide election victory last May, Jaitley said India's economy was about to take...

ModiBudget 2015: Jaitley sets FY16 divestment target at Rs 69,500 cr

1.15 pm | 28 Feb 2015 |  Source: Moneycontrol.com

The government has managed to raise only a small fraction of the ambitious target of Rs 58,425 crore. Although, Coal India and SAIL divestments added ...

Reduce SAIL; target of Rs 59: Arihant capital

12.54 pm | 26 Feb 2015 |  Source: Moneycontrol.com

Arihant capital markets has recommended a reduce rating on Steel Authority of India (SAIL) with a target price of Rs 59, in its research report dated ...

Exit SAIL, says Sudarshan Sukhani 

11.26 am | 25 Feb 2015 |  Source: CNBC-TV18

Sudarshan Sukhani of s2analytics.com recommends exiting Steel Authority of India and prefers IT, pharma and financial stocks....

Coal India board directs PSU to withdraw from ICVL

3.55 pm | 24 Feb 2015 |  Source: PTI

The company also said that its board gave approval for the first year expenditure of Rs 1,019 crore to start the work for setting up MCL's - Coal Indi...

Expecting reduction in MAT in Budget: ReNew Power’s Sinha 

10.10 am | 20 Feb 2015 |  Source: CNBC-TV18

In last year’s Budget, the government had allotted around Rs 1000 crore for solar power projects...

SAIL Q3 PAT rises 9% to Rs 579 cr; revenue falls

2.27 pm | 13 Feb 2015 |  Source: Moneycontrol.com

The steel producing company, Steel Authority of India (SAIL) has reported 8.7 percent increase in its third quarter net profit at Rs 579.09 crore agai...

SAIL Q3 profit seen down 24% to Rs 404 cr: CNBC-TV18 Poll

11.01 am | 13 Feb 2015 |  Source: CNBC-TV18

Steel Authority of India's (SAIL) third quarter profit may fall 24 percent year-on-year to Rs 404 crore due to higher depreciation and interest cost, ...

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