Manufacturing capacity of state- owned Steel Authority of India (SAIL) will go up to 19 million tonne (MT) next fiscal from 14 MT now, with the start of production in
Steel behemoth SAIL is set to invest Rs 72,000 crore over two years to raise its production capacity from 14 million tonnes per annum to 24 MTPA as part of
The Finance Ministry today said it expects the public sector units to pay "good amount" of dividend in the current fiscal.
"The meetings (with PSUs) are going good
Batting for Posco's patented iron making Finex technology, the Steel Ministry today hinted that the proposed joint venture between SAIL and the South Korean major Posco may be signed within
State-run SAIL and South Korean Posco seem to have buried their differences, with the both parties showing flexibility in finalising the Rs 13,000-crore joint venture to set up a steel
State-owned Steel Authority of India (SAIL) is likely to finalise within a month, a joint venture with Japan's Kobe Steel for a 0.5 million tonne (MT) mill in West
State-run SAIL-led consortium is likely to make an initial investment of Rs 375 crore for detailed exploration of three iron ore mines bagged at Hajigak in Afghanistan. "The consortium will
The government is considering alternatives, including the buyback route, to disinvestment in steel giant SAIL as the market conditions are not conducive to a public issue. Under the buyback mode,
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