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  • RINL identifies land parcels worth Rs 200 crore for monetisation in FY26 amid financial distress

    After raising Rs 248 crore in FY25 through asset monetisation, debt-laden RINL targets additional land sale to kick-start a revival. Proceeds from the asset sales will go to RINL and not to the Centre, it is learnt.

  • Centre approves Rs 11,440-crore revival plan for debt-laden RINL

    The Cabinet Committee on Economic Affairs, chaired by PM Modi, approved the revival plan for RINL for Rs 11,440 crore

  • SAIL shares rise after report of steel union proposing merging three companies with PSU major

    Brokerage analyst Centrum Broking sees the news report as "big positive" for SAIL as it will help to fast track expansion at minimum capex and drive future earnings growth and lead to value unlocking.

  • RINL losing Rs 40-50 crore revenue a day amid ongoing strike at Adani's Gangavaram port

    The battle for fair wages has been choking RINL’s coking coal supply for more than a month, making the decades-old steelmaker struggle to meet statutory payment obligations.

  • What led VSP, India's first shore-based steel plant, to sell land?

    RINL, the corporate entity of Visakhapatnam Steel Plant, has reported losses for most of the years since FY16 with losses exceeding Rs 3,000 crore in FY23.

  • Vishakhapatnam Steel Plant divestment will not be completed in 2023-24: Fin Min

    The Union government has set a target of Rs 51,000 crore from disinvestments in the financial year 2023-24

  • RINL extends deadline for submission of EoIs for new business model

  • RINL aims to make 55,000 wheels in FY24 to meet Railways' demand: CMD Atul Bhatt

  • No proposal to merge SAIL, RINL under consideration, says junior steel minister

  • After Tata Steel, AMNS India plans to bid for state-owned RINL

  • RINL expects Rs 1,000 crore from sale of 22-acre land in Vizag

  • Cabinet gives in-principle approval for 100% divestment in RINL

  • RINL looks to begin commercial production of forged wheels at Rae Bareli unit next month

  • RINL, POSCO to form joint working group for Andhra Pradesh steel project

  • South Korea's POSCO continues exploring JV possibility with RINL in Visakhapatnam

  • RINL CMD inaugurates projects worth Rs 3,000 crore at Vizag Steel Plant

  • Committee set up for revival of SAIL, RINL: Vishnu Deo Sai

  • Domestic steel output up 4.6% at 8.5 MT in July

  • RINL sees substantial growth in production this fiscal

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

  • Panel to fast-track ramping up steel PSUs modernisation

  • ICVL halts ops in Mozambique mine; to pump in more investments

  • DGAD to soon recommend provisional anti-dumping duty on wire rod

  • Steel Min approaches Coal Min for allocation of blocks to RINL

  • Steel imports have come down by 1/4th against FY15: Steel Min

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