Last Updated: Friday, March 07, 2014, 19:21
With around 50 percent capacity increase in the offing, India's steel industry is likely to face a temporary over-supply situation, SAIL Chairman C S Verma said.
Last Updated: Thursday, March 06, 2014, 19:37
Noting that exports by SAIL are likely to go up in coming years, a high-level panel has asked the state-run PSU to look into possibilities of strengthening presence in international market by setting up offices abroad.
Last Updated: Thursday, March 06, 2014, 10:49
A consortium led by Steel Authority of India Ltd, the country`s second-biggest steelmaker, hopes to buy coal assets in Poland in the next few months, Chairman C. S. Verma said on Thursday.
Last Updated: Monday, March 03, 2014, 18:20
The country's largest steel maker had clocked sales of 0.974 MT (million tonnes) in the same month last year.
Last Updated: Monday, February 24, 2014, 16:50
India`s golfing sensation Anirban Lahiri is eyeing the world top 50 ranking and also an European Tour card this season.
Last Updated: Sunday, February 23, 2014, 13:29
State-owned steel maker SAIL plans to scale down investment by nearly 22 percent to Rs 9,000 crore on expansion and modernisation at 5 integrated plants during the next fiscal.
Last Updated: Sunday, February 23, 2014, 13:27
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.
Last Updated: Saturday, February 22, 2014, 16:36
General Motors India on Saturday launched limited edition versions of its Chevrolet Sail hatchback and sedan priced between Rs 4.21 lakh and Rs 7.45 lakh (ex-showroom, New Delhi).
Last Updated: Saturday, February 22, 2014, 03:10
The Chevrolet Sail UV-A limited edition has been priced at Rs 4.47 lakh, while the Sail sedan limited edition comes at Rs 5.23 lakh (ex-showroom, Delhi).
Last Updated: Monday, February 17, 2014, 16:45
SAIL Chairman C S Verma recently said the worst phase of steel sector was over with demands going up and liquidation of inventories taking place.
Last Updated: Sunday, February 16, 2014, 13:24
Reeling under subdued demand for over two years, the steel sector's worst phase is over and green shoots are visible in areas like prices and inventories, SAIL Chairman C S Verma said today.
Last Updated: Friday, February 14, 2014, 18:54
Higher sales and better price helped state-run steel maker SAIL to post a 10 percent rise in profit after tax to Rs 533 crore for the October-December quarter of the current fiscal.
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