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SAIL plans to spend $350m in JV with Japan's Kobe

State-run SAIL reported a drop in net profit at Rs 1,507 crore for quarter-ended March 2011 compared to Rs 2,085 crore for the same period last year. It sales were flat on a year-on-year basis, coming in just under Rs 11,950 crore.

first published: Apr 29, 2011 07:48 pm

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