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RINL may hike steel prices

Last Updated: Tuesday, June 24, 2014, 16:10

The company may undertake a hike in the price range of Rs 500- 1,000 per tonne.

Govt may sell 10% stake in Rashtriya Ispat in Sept-October IPO

Last Updated: Thursday, June 12, 2014, 18:52

RINL, which produces 2.9 million tonnes of steel annually, is on the verge of completing a Rs 12,300 crore expansion programme.

RINL starts talks with banks to raise up to Rs 600 cr debt

Last Updated: Wednesday, May 07, 2014, 16:31

RINL is increasing its steel-making capacity at its lone Vizag facility with an investment of Rs 12,500 crore.

RINL's sales in 2014-15 grow 8%

Last Updated: Thursday, April 03, 2014, 21:09

State-owned Rashtriya Ispat Nigam Ltd on Thursday said sales in 2013-14 grew by eight percent over the previous fiscal though turnover remained flat.

RINL turnover grows 2% to Rs 11,766 cr till Feb 28 this fiscal

Last Updated: Wednesday, March 05, 2014, 14:51

Rashtriya Ispat Nigam Ltd (RINL), the corporate entity of Vizag Steel, on Wednesday said its turnover up to February 28 in the current fiscal recorded 2 percent growth to Rs 11,766 crore.

NMDC offers RINL's ex-CMD Choudhary full-time advisor's post

Last Updated: Wednesday, February 12, 2014, 16:46

The recently-retired Chairman of Rashtriya Ispat Nigam (RINL) A P Choudhary has been offered a full-time advisor's position by state-run iron ore miner NMDC with an annual package of Rs 50 lakh and perquisites.

RINL hopes to sell 1 mn tonne more steel on retail focus

Last Updated: Sunday, January 05, 2014, 17:44

The public sector steel-maker, which is expanding capacity to 7.3 MT, is also increasing focus more on retail sales for better margin.

RINL Apr-Dec turnover up 3% to Rs 9,123 crore

Last Updated: Saturday, January 04, 2014, 18:39

During December, the company's turnover rose to Rs 1,315 crore, clocking a growth of 18 percent.

P Madhusudan to take over as RINL CMD from Jan 1

Last Updated: Wednesday, December 04, 2013, 14:11

After securing clearance from anti-corruption body CVC, Rashtriya Ispat Nigam's current Finance Director P Madhusudan is set to become the state-run steel maker's Chairman and Managing Director from January 1, 2014.

RINL IPO will depend on market conditions: Steel Secretary

Last Updated: Monday, November 25, 2013, 17:26

The public issue of state-owned steel maker RINL will depend on stock market conditions and is likely to take some more time, Steel Secretary G Mohan Kumar said here Monday.

RINL suffers steep production loss due to heavy rains

Last Updated: Sunday, October 27, 2013, 19:28

The steel maker normally produces 12,000 to 13,000 tonnes of steel every day.

RINL clocks 34% revenue growth in September

Last Updated: Wednesday, October 09, 2013, 15:23

Buoyed by a whopping 63 percent volume growth, Rashtriya Ispat Nigam's sales revenue rose by 34 percent to Rs 1,222 crore in September.