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News on Steel Authority of India
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Niti to soon forward 3rd list of sick CPSEs to PMO

9.07 pm | 21 Apr 2017 |  Source: PTI

Niti Aayog will soon send to the Prime Minister's Office (PMO) the third list of sick Central Public Sector Enterprises (CPSEs) which will be priv...

SAIL spends Rs 64,562 cr on modernisation, expansion of plants

2.07 pm | 18 Apr 2017 |  Source: PTI

"Cumulative expenditure (by SAIL) for various modernisation and expansion packages till December 2016 has been Rs 64,562 crore, including expenditure ...

President Pranab says days not far off when India's economy will be among top 5

6.15 pm | 11 Apr 2017 |  Source: PTI

President Pranab Mukherjee today said days are not far off when India's economy will be among the top five in terms of absolute value and several ...

SAIL targeting higher profitability : Chairman

7.47 pm | 06 Apr 2017 |  Source: PTI

Amid challenging market conditions, state-owned SAIL today said it would make every possible effort to boost its profitability....

SAIL to maintain growth momentum in FY18'

5.57 pm | 06 Apr 2017 |  Source: PTI

Steel Authority of India (SAIL) is aiming double digit growth in 2017-18 by greater synergy amongst various units that would result in maintaining tra...

India's steel industry out of stress,exports up by 56%: Govt

4.19 pm | 05 Apr 2017 |  Source: PTI

Steel Minister Chaudhary Birender Singh said the country's steel output is at around 120 million tonnes and the government is aiming to achieve 30...

India seeks ways to revive state steel giant after damning report

7.30 pm | 30 Mar 2017 |  Source: Reuters

India has set up an expert panel to help revive its loss-making state steel maker after a government review found the company to be far less efficient...

Two units of SAIL in losses despite Rs 2,600 cr investment: Govt

4.16 pm | 29 Mar 2017 |  Source: PTI

"Despite an investment of around Rs 400 crore, VISP (Visveswaraya Iron and Steel Plant) is making losses for last 10 years," Minister of State for Ste...

Coking coal prices to stabilise at USD140-150 per tonne

4.43 pm | 28 Mar 2017 |  Source: PTI

Prices of coking coal was expected to stabilise in the region of USD 140 to USD 150 per tonne over the next three to five years, an official of state-...

Steel sector yet to come out of woods despite uptick in production

3.58 pm | 28 Mar 2017 |  Source: Moneycontrol.com

Domestic steel demand grew by an anemic 3.4% in the first 11 months of FY17 as demand from key sectors like capital goods and infrastructure remained ...

'NITI preparing cabinet note for closure of 7 more sick CPSEs'

3.45 pm | 28 Mar 2017 |  Source: PTI

Government think-tank NITI Aayog is preparing a fresh cabinet note recommending closure of 7 more sick CPSEs as part of an exercise to tackle mounting...

Short of track, Indian Railways eyes private suppliers in blow to state steel firm

7.51 pm | 24 Mar 2017 |  Source: Reuters

Indian Railways is considering ending state-owned Steel Authority of India Ltd's (SAIL) virtual monopoly on supplying steel for standard rail trac...

SAIL may post net loss of Rs 4,211 cr in FY'18: Par panel

10.33 pm | 20 Mar 2017 |  Source: PTI

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Hold SAIL; target of Rs 60: ICICI Direct

3.53 pm | 16 Feb 2017 |  Source: Moneycontrol.com

ICICI Direct recommended hold rating on SAIL with a target price of Rs 60 in its research report dated February 13, 2017....

Buy India Cement, SAIL; Sell TVS Motor: Kotak Securities

11.37 am | 15 Feb 2017 |  Source: Moneycontrol.com

In the near term, India Cement stock can go to 180 levels and in the longer term can even test 220 levels. TVS Motor has had a huge run-up from the le...

Sell SAIL; target of Rs 28: Motilal Oswal

6.24 pm | 14 Feb 2017 |  Source: Moneycontrol.com

Motilal Oswal is bearish on SAIL has recommended sell rating on the stock with a target price of Rs 28 in its research report dated February 09, 2017....

SAIL's Q3 net loss narrows to Rs 795 cr

7.42 pm | 09 Feb 2017 |  Source: PTI

The company's standalone net loss in the corresponding quarter of previous fiscal stood at Rs 1,481 crore, Steel Authority of India Ltd (SAIL) said in...

SAIL may post Q3 loss at Rs 850 cr but revenue may rise 26%

11.39 am | 09 Feb 2017 |  Source: CNBC-TV18

Revenue during the quarter is likely to increase 26 percent year-on-year to Rs 11,300 crore, aided by higher volumes and realisations YoY & QoQ, accor...

Sell SAIL; target of Rs 30: Motilal Oswal

3.18 pm | 13 Dec 2016 |  Source: Moneycontrol.com

Motilal Oswal is bearish on SAIL has recommended sell rating on the stock with a target price of Rs 30 in its research report dated December 09, 2016....

SAIL's net loss declines to Rs 730 cr in Jul-Sept qtr 

9.52 pm | 08 Dec 2016 |  Source: PTI

India's largest steelmaker SAIL today reported a decline in standalone net loss at Rs 730.72 crore for the quarter ended September 30, helped by a s...

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