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  • SAIL aims at reducing net debt to Rs 15,000-20,000 crore in FY22

    SAIL aims at reducing net debt to Rs 15,000-20,000 crore in FY22

    The Maharatna PSU has around Rs 30,000 crore net debt as of June 30, 2021, down from Rs 35,350 crore by end of the previous fiscal.

  • SAIL facing order cancellations, re-scheduling due to lockdown

    SAIL facing order cancellations, re-scheduling due to lockdown

    The country's largest state-owned steel company faced a marginal hit to production and some of its inventory was piled up at ports, the source said, declining to be identified due to the sensitive nature of operations.

  • Govt to offload 5% stake in SAIL via offer for sale, may rake in Rs 1,000 crore

    Govt to offload 5% stake in SAIL via offer for sale, may rake in Rs 1,000 crore

    The government holds 75 percent stake in SAIL. It had last sold 5 percent stake in the steel CPSE in December 2014.

  • SAIL extends deadline again to submit bid for 3 assets

    SAIL extends deadline again to submit bid for 3 assets

    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.

  • SAIL crude steel production in FY'19 at 16.3 MT, up 8%

    SAIL crude steel production in FY'19 at 16.3 MT, up 8%

    The state-owned steel maker had produced 15.02 MT of crude steel in 2017-18, the company said in a statement.

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

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

    Indian Railways is considering ending state-owned Steel Authority of India Ltd's (SAIL) virtual monopoly on supplying steel for standard rail tracks, opening up annual purchases worth up to USD 700 million to the private sector, people close to the matter told Reuters.

  • PK Singh new SAIL Chairman

    PK Singh new SAIL Chairman

    "PESB recommended the following name for the post of Chairman, Steel Authority Of India Ltd (SAIL) - P K Singh," it said in a notification. Singh took over as the Chief Executive Officer (CEO) of Durgapur Steel Plant in 2012.

  • Coal imports soften as local supply improves

    Coal imports soften as local supply improves

    Coal India's April-January output rose 6 percent to 389 million tonnes as it opened new mines and got environmental clearances to raise output from operating mines.

  • SAIL asked to deposit bank guarantee of Rs 57 lakh

    SAIL asked to deposit bank guarantee of Rs 57 lakh

    The Coal Ministry has asked Steel Authority of India Ltd to deposit a bank guarantee of Rs 57 lakh for delaying development of a mine in Jharkhand allocated to the company for captive use.

  • Naveen Jindal and the new normal

    Naveen Jindal and the new normal

    The intense scrutiny on his dual life hasn't deterred politician-cum-industrialist Naveen Jindal. He is firm on his eventual goal: To become a full-time public servant. But, first, he has to fix his company.

  • Buy Reliance Capital, SAIL, sell Dena Bank: Mittal

    Buy Reliance Capital, SAIL, sell Dena Bank: Mittal

    In CNBC-TV18's popular show Bull's Eye, Saurabh Mittal, Swadeshi Credits shares trading strategy of the day.

  • Rupee heads lower, SAIL stake sale eyed

    Rupee heads lower, SAIL stake sale eyed

    Rupee opens weaker at 54.33/34 versus its close of 54.2750/2850 on Thursday tracking weakness in regional sharemarkets and currencies.

  • Switch from SAIL to NALCO: Tater

    Switch from SAIL to NALCO: Tater

    Aashish Tater, Head of Research, Fortunewizard.com is of the view that investor should switch from Steel Authority of India to NALCO.

  • Rashtriya Chemicals stake sale gets govt $57 million

    Rashtriya Chemicals stake sale gets govt $57 million

    The government raised USD 56.84 million by selling some of its shares in state-run Rashtriya Chemicals and Fertilizers Ltd (RCF) on Friday, as part of a divestment drive to help rein in the budget deficit.

  • Government plans stake sale in 4 more cos in current fiscal

    Government plans stake sale in 4 more cos in current fiscal

    The government plans to divest some of its stake in four more state companies including Steel Authority of India Ltd and National Aluminium Company Ltd by the end of next month, a junior finance minister said on Friday.

  • Avoid SAIL: Sekhar

    Avoid SAIL: Sekhar

    Phani Sekhar, Fund Manager, Angel Broking is of the view that is of the view that for long term one can prefer private banking stocks and can avoid SAIL.

  • Short metal stocks: Sukhani

    Short metal stocks: Sukhani

    Sudarshan Sukhani, s2analytics.com is of the view that one can short metal stocks.

  • Nifty to trade in 5880-6170 range: Hemant Thukral

    Nifty to trade in 5880-6170 range: Hemant Thukral

    In an interview to CNBC-TV18 Hemant Thukral, Aditya Birla Money shared his reading and outlook on the Futures and Options market. Here is what he had to say.

  • Indian cos raised USD 4.29 bn from overseas markets in Oct

    Indian cos raised USD 4.29 bn from overseas markets in Oct

    Indian companies raised USD 4.29 billion (about Rs 23,300 crore) from overseas markets in October, up from USD 2.77 billion (around Rs 15,000 crore) in the previous month.

  • SAIL's April-October production at 7.2 mn tonnes

    SAIL's April-October production at 7.2 mn tonnes

    Steel Authority of India Ltd today said it produced 7.2 million tonnes (MT) saleable steel during the April-October period, exceeding the target so far for the current fiscal.

  • Reliance Industries may slip to Rs 750, says Kulkarni

    Reliance Industries may slip to Rs 750, says Kulkarni

    Reliance Industries may slip to Rs 750, Shardul Kulkarni, Angel Broking.

  • Short JP Associates, SAIL: Ashish Tater

    Short JP Associates, SAIL: Ashish Tater

    In CNBC-TV18's popular show Bull's Eye, Ashish Tater, Fort Share Broking shares trading strategy of the day.

  • Bull's Eye: Buy Hind Copper, HDIL, South India Bank

    Bull's Eye: Buy Hind Copper, HDIL, South India Bank

    Bull's Eye, CNBC-TV18's popular game show, where market experts come together to dish out trading strategies for you to make your week more exciting and compete with each other to see whose portfolio is the strongest.

  • SAIL Q4 PAT seen down 17% at Rs 1265cr

    SAIL Q4 PAT seen down 17% at Rs 1265cr

    SAIL (STEEL AUTHORITY OF INDIA LTD) is to announce its fourth quarter results. According to CNBC-TV18‘s net sales are seen up 10% at Rs 13120 crore versus Rs 11943 crore, year-on-year (YoY).

  • Bearish on PSU banks; go long on SAIL: ICICI Direct

    Bearish on PSU banks; go long on SAIL: ICICI Direct

    Due to the skepticism on the Street, Amit Gupta of ICICI Direct tells CNBC-TV18 that the May series may be volatile due to unwinding of longs.

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