Pharma, Agri inputs, FMCG including, Food & beverages, IT, Paper & packaging are some of the sectors which are expected to do better comparatively
The mines ministry has noted that there is a need to take adequate steps to ensure availability of iron ore in the market to meet the demand of domestic steel makers.
This is the second arrest by the crime branch since an attack on SAIL chairman Anil Kumar Chaudhary last month on August Kranti Marg when he was on his way to his residence from office, the DCP said.
In January this year, KIOCL had announced to enter into an agreement with SAIL to set up a pellet plant.
The two subsidiary companies have filed application for closure under Fast Track Exit Mode as per provisions of Section 248(2) of the Companies Act, 2013 and Rule 4 (1) of the Companies (Removal of Names of the Companies from the Register of Companies) Rules, 2016.
The date for submission of expression of interests (EoIs) physically for the three SAIL assets has been extended to September 10, 2019, the company said on its website.
Anil Kumar Chaudhary, 58, was on his way back home from work when his car was hit by another vehicle occupied by four people at around 22:30 IST.
"The last date for 'submission of EoIs (Expression of Interests) physically' has been extended from August 1, 2019 to August 20, 2019," said the company's website.
The plates will be used for making diving support vessels (DSV) used by the India Navy, the Steel Authority of India Ltd (SAIL) said in a statement.
For the Chandrayaan-2, SAIL's special-quality sheet has been used in the Cryogenic Engine.
India’s three largest steel players are trading at 6-8 times their estimated EV/EBITDA for FY20, which is a bit on the higher side in light of the expected cut in earnings
The team will assist the buyer agency to transform their business activities, processes, competencies and models to fully leverage the opportunities of an open market based procurement.
Recently the government recommended anti-dumping duty on imports of flat-rolled product of steel, and plated/ coated with alloy of aluminium and zinc
Steel Minister Dharmendra Pradhan said for 2019-20, Railways has indicated a requirement of around 17 lakh tonne of rails for track renewal and capacity augmentation.
As part of its 50-mtpa expansion plan, SAIL is planning to set up a 3 million tonnes per annum (mtpa) shore-based plant at an estimated cost of over Rs 15,000 crore in Odisha.
He had said that by 2030-31, the PSU would ramp up production capacity to 50 MTPA from about 21.4 MTPA at present.
Essar Steel is undergoing insolvency proceedings.
The company had produced 16.3 MT of crude steel during the fiscal ended March 31, 2019, registering a rise of 8 per cent over the year-ago period, SAIL Chairman Anil K Chaudhary said while addressing a press conference here.
The company had posted a standalone net profit of Rs 815.57 crore in the corresponding quarter previous fiscal, SAIL said in a regulatory filing.
The Ministry of Steel has directed Steel Authority of India Ltd to ensure all-out efforts to meet the requirements of cyclone-hit Odisha.
Under the approved scheme, SAIL said, all executive employees who were on rolls of the company on or after January 1 2007, as well as non-executive employees on rolls on or after January 1, 2012, shall be covered in the scheme.
The rally in iron ore prices is continuing, with international prices hitting a 5-year high. If steel prices rise in tandem,Indian steel companies will benefit
Dhanush has been designed and developed by the Gun Factory in Jabalpur where it was handed over to the Indian Army.