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India may sell 5% stake in SAIL: Sources

Last Updated: Tuesday, June 17, 2014, 17:33

The new government could sell a 5 percent stake in state-run SAIL and a final decision is likely to be taken next week.

New Steel Minister okays wage revision in SAIL, 85K to benefit

Last Updated: Thursday, June 12, 2014, 17:18

Steel Minister Narendra Singh Tomar approved a 17 percent hike in basic and dearness allowances and 6 percent rise in perks for the company's non-executive employees.

SAIL Q4 profit rises 1.35% to Rs 452.58 cr; FY14 net up 20.6%

Last Updated: Wednesday, May 28, 2014, 17:15

Steel Authority of India Ltd Wednesday reported a marginal 1.35 percent increase in standalone net profit to Rs 452.58 crore in the quarter ended March 31, as expenses climbed.

SAIL hot metal capacity to reach 19 million tonne by Sept end

Last Updated: Sunday, May 04, 2014, 21:22

Now, the capacity is 14 million tonnes per annum.

Rowghat project cost should include security expenses: SAIL

Last Updated: Tuesday, April 22, 2014, 19:29

The phase-I of the project comprising of 95 km stretch is under construction at present.

Global steel demand may grow at 3.3% this year

Last Updated: Sunday, April 20, 2014, 16:35

Global steel demand is likely to grow at a faster pace of 3.3 per cent this year, driven by rising demand for the commodity from India, Brazil, Russia, West Asia and North Africa, according to a report.

SAIL files FIR against Kashmir Steel alleging brand misuse

Last Updated: Thursday, April 17, 2014, 19:42

Steel maker SAIL's marketing arm CMO has filed an FIR against its a authorized dealer Kashmir Steel Corporation alleging misuse of registered trademarks.

SAIL to invite bids for appointing MDO for Chiria mines soon

Last Updated: Sunday, April 06, 2014, 14:19

The detailed project report (DPR) prepared by the external consultant, Hatch Associates of Australia, has already been approved by the company.

Increase presence in global markets: SteelMin to SAIL

Last Updated: Friday, April 04, 2014, 20:12

SAIL exports only 3-5 percent of its saleable steel.

SAIL, KIOCL to form Rs 450-cr JV for coke oven battery

Last Updated: Sunday, March 09, 2014, 15:42

SAIL and KIOCL, two PSUs under the Steel Ministry, are set to ink a joint venture partnership for setting up a three lakh tonne coke oven battery and a captive power plant at an estimated investment of Rs 450 crore in Karnataka.

SAIL asked to increase international presence

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.

SAIL records 7% sales growth in Feb

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.