Last Updated: Monday, March 25, 2013, 15:42
SAIL is the largest steel maker in the country with the current production capacity at 14.6 million tonnes per annum. It has embarked on a capacity expansion to take it to 26.2 mtpa.
Last Updated: Wednesday, March 13, 2013, 16:26
Rashtriya Ispat Nigam (RINL) has clocked 22 percent growth in revenue in February at Rs 1,465 crore despite its production getting hampered for four days during the month.
Last Updated: Sunday, March 10, 2013, 20:09
Rashtriya Ispat Nigam's Rs 8,692 crore plan to expand annual production capacity to 6.3 million tonnes has seen cost overrun of 41.4 percent, or Rs 3,599 crore, as on March 31, 2012, due to delays.
Last Updated: Wednesday, February 27, 2013, 22:12
State-run steel maker Rashtriya Ispat Nigam on Wednesday said Railways need to take a re-look at the proposed freight rate hike as it will have an adverse impact on the steel industry.
Last Updated: Tuesday, February 26, 2013, 20:02
State Bank of India (SBI) has sanctioned Rs 2,650 crore loan to state-run steel maker Rashtriya Ispat Nigam (RINL) for meeting capital expenditure needs.
Last Updated: Monday, February 25, 2013, 21:40
SBI Chairman Pratip Chaudhuri said bank authorities will on Tuesday meet the management of RINL, the corporate entity of Visakhapatnam Steel Plant, to complete formalities to hand over the loan amount.
Last Updated: Monday, February 11, 2013, 14:47
Rashtriya Ispat Nigam (RINL) Monday said despite rise in sales, subdued prices of the metal have continued to exert pressure on margins.
Last Updated: Thursday, February 07, 2013, 17:46
State-run steel makers SAIL and RINL will get coking coal cheaper by up to USD 7 (around Rs 370) per tonne from Australian suppliers in the current quarter, a source in the Steel Ministry said.
Last Updated: Tuesday, February 05, 2013, 20:00
The Andhra Pradesh government has threatened to disconnect power supply to state-run steel maker Rashtriya Ispat Nigam's lone Vizag facility for excess drawal of power.
Last Updated: Sunday, February 03, 2013, 18:35
The official also said the proposed Initial Public Offer (IPO), which was deferred last year, may take place in the second quarter of next fiscal if the process is initiated.
Last Updated: Friday, February 01, 2013, 17:23
The Ministry of Environment and Forests (MoEF) has asked Rashtriya Ispat Nigam Ltd (RINL) to submit a report on cumulative environment assessment to increase limestone production from captive mines in Andhra Pradesh, official sources said.
Last Updated: Wednesday, January 23, 2013, 18:54
The RINL issue has already been deferred thrice since the filing of the draft prospectus with market regulator SEBI on May 18 last year.
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