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LIC sells shares worth Rs 6,300 cr in Sensex cos

LIC sells shares worth Rs 6,300 cr in Sensex cos

Last Updated: Thursday, April 24, 2014, 15:23

State-owned life insurer LIC lowered its exposure in 15 blue-chip firms during the January- March quarter with sale of shares that are currently worth over Rs 6,300 crore.

India produces 7.25 MT steel in March: WSA

India produces 7.25 MT steel in March: WSA

Last Updated: Wednesday, April 23, 2014, 15:03

India, the world's fourth largest steel maker, produced 7.25 million tonnes (MT) or just over five percent of the total global output in March, according to World Steel Association (WSA).

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.

Zack Snyder reveals how `Man Of Steel 2` became `Batman v Superman`

Last Updated: Monday, April 21, 2014, 12:27

Director Zack Snyder has revealed how the man of steel sequel became `Batman v Superman`.

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.

Tata Steel's India production and sales hit record in 2013-14

Last Updated: Tuesday, April 15, 2014, 23:01

Crude steel production touched the highest-ever at 9.15 million tonnes compared with the previous best of 8.13 million tonnes in 2012-13.

Fitch revises outlook on Tata Steel to stable

Last Updated: Monday, April 14, 2014, 18:33

Credit rating agency Fitch on Monday revised outlook on Tata Steel and its subsidiary Tata Steel UK Holdings Ltd to stable from negative on possible improvement in its financial profile.

Centre to consider Tata Steel's request for green nod in May

Last Updated: Thursday, April 10, 2014, 19:51

The Centre will consider next month Tata Steel's request seeking environment clearance to its coal mine expansion project in Jharkhand.

Tata Steel shares end over 3% higher on bourses

Last Updated: Wednesday, April 09, 2014, 20:01

The steel major's stock ended up by 3.18 percent at Rs 418.85 on the BSE. In intra-day trade, Tata Steel shares rose by 3.46 percent to Rs 420.

Steel demand grows lowest in four years at 0.6% in FY'14

Last Updated: Tuesday, April 08, 2014, 16:25

"The low growth rate in domestic steel consumption indicated that base level demand conditions continued to be weak during 2013-14," it said.

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.