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SAIL posts Rs.529 crore profit

2014-08-11 18:15:31| Steel - Topix.net

Steel major Steel Authority of India Ltd Monday said it had closed the first quarter of the current fiscal on standalone basis with a net profit of Rs.529.88 crore up from Rs.450.91 crore posted during previous year's first quarter.

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SAIL backs out from Sindri investments worth Rs 35k cr

2014-08-09 22:30:08| Steel - Topix.net

Steel Authority of India will no longer invest in the revival of the Sindri unit of loss-making Fertilizer Corporation of India Ltd. The plan was to set up a new 1.15 million tonnes per annum fertiliser plant, a new steel mill of 5.6 mtpa capacity and a 1,000 MW power plant at Sindri with a combined investment of R35,000 crore.

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SAIL bosses meet CM

2014-08-08 03:54:05| Steel - Topix.net

Ranchi, Aug. 7: Two senior officials of Steel Authority of India Limited met chief minister Hemant Soren today to end an impending lease deadlock on four mines, ore from which is used in its steel plants, including one in Bokaro.

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Odisha miners want early nod after Sail, Tata Steel get leases

2014-08-01 00:38:27| Steel - Topix.net

Private and small miners in Odisha are pressing for early approval of mining leases after Steel Authority of India and Tata Steel resumed mining last month.

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Omar Abdullah cancels land allotment to SAIL for failing to start project

2014-07-24 19:59:21| Steel - Topix.net

Jammu and Kashmir government on Thursday directed cancelling of the land allotment to Steel Authority of India Limited at Lassipora Industrial Estate as the public sector company failed to start project work even after several years.

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