The issue of wage revision at SAIL, pending for over 18 months, is expected to be settled this week, benefitting around 85,000 non-executives with at least 15 percent hike in basic and dearness allowances.
Lanco Infratech will be developing Tasra coal mine for Steel Authority of India Limited (SAIL). It was the successful bidder for selection of a mine developer and operator by SAIL.
Steel Authority of India Limited (SAIL) is increasing its capacity to 24 million tonnes per annum. With investments lined up worth Rs 1.2 lakh crore, the company aims to reach 50 mtpa by 2022.
India Ratings & Research (Ind-Ra) has revised its Outlook on Indian steel producers to Negative from Stable for H213. The Negative Outlook is in view of the higher-than-expected deterioration in the financial and liquidity profiles of rated issuers.
The government has now met 73 percent of its Rs 30,000 crore disinvestment target for this fiscal. What are the government targets for FY14 and what could be the likely disinvestment targets.
India Ratings expects credit profiles of its rated steel producers to remain stable in 2013, driven by continued albeit slow growth in domestic steel demand. The majority (92%) of ratings are on stable outlooks and most of them are below 'IND BBB-', which reflects the inherent risks in the steel sector.
Yesterday Zee Entertainment Enterprises has closed at a new all-time high, clearly it is suggesting more strength to come in with immediate target for traders should be around Rs 242-245. The stoploss has to be maintained around Rs 225, says Hemant Thukral, Aditya Birla Money.
As many as 172 officials working with different central government departments have been advised penalty by the Central Vigilance Commission for their alleged involvement in corrupt practices.
Steel Authority of India Limited (Sail)’s Bokaro Steel Plant (BSL) launched two coke oven batteries (Cobs) that would improve effective utilisation of existing capacity and while adding fresh capacity.
A consortium of Indian steel and mining firms led by the Steel Authority of India Limited (SAIL) has bid for four blocks of mines in Afghanistan, SAIL said in a statement on Tuesday, proposing to set up a steel plant in the country.
The board of Steel Authority of India Limited (SAIL) has accorded in-principle approval for setting up 10 steel processing units in different states across the country, Parliament was informed today.
Two state-owned firms -- Steel Authority of India (SAIL) and Mishra Dhatu Nigam (Midhani) -- on Thursday signed a pact aimed at developing speciality steel products for use in defence and power sectors.