Tag: SAIL
17 Results
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SAIL OFS oversubscribed by over 4 times on first day
The indicative price of bids that came in on Thursday was Rs 65.49, exchange data showed. SAIL closed nearly 10 per cent down on the BSE at Rs 67.25.
January 15, 2021 -
SAIL Q1 report: Net loss of over Rs 1,226 crore in Q1
Its total expenses stood at Rs 11,325.10 crore as against Rs 14,893.07 crore a year ago.
September 15, 2020 -
Odisha CM inaugurates Plasma Bank
The Plasma Bank, set up in association with Government of Odisha for the treatment of the critically ill COVID-19 patients. Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan has been stressing on strengthening infrastructure and expanding services in SAIL’s hospitals.
August 4, 2020 -
SAIL’s corporate office in Delhi resume Ops
The company has also issued a circular to the employees explaining them dos and don'ts to contain the spread of the virus.
June 8, 2020 -
CISF recovers body of missing intruder from IISCO Steel Plant
After getting the information the jawans started combing operations inside the plant and found the body.
June 30, 2019 -
Rs 4,19,574 investment intent at Make in Odisha Conclave
Addressing the Conclave, the CM described it as a “defining moment in the history of industrialization of Odisha”.
November 14, 2018 -
Blast at Bhilai Steel Plant kills nine, injures 14
Police said that more than 20 employees were working at the spot when the blast happened.
October 9, 2018 -
SAIL’s growth up 9% in February, to ramp up production
State-run steel producer Steel Authority of India (SAIL) is looking to ramp up its production after achieving 9 per cent growth in crude steel production to 1.272 million tonnes in February over the corresponding period last year, an official said on Saturday. Reviewing the performance for the month of February 2018, SAIL Chairman P.K. Singh …
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March 3, 2018 -
SAIL-GEDCOL pact for power unit at Mandira
The Steel Authority of India Limited (SAIL) and the Green Energy Development Corporation of Odisha (GEDCOL), a subsidiary of the Odisha Hydro Power Corporation (OHPC), signed an agreement for formation of a Joint Venture (JV) company here recently. The company provisionally named as “Mandira Power Corporation Limited” would instal and operate a Small Hydro Electric …
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February 21, 2018 -
Rails supplied to railways are defect free, says SAIL
The country’s largest steelmaker SAIL has said the rails supplied to railways are totally “defect free” and processing of tracks at the PSU follows highest level of quality control. The statement comes in the wake of railways inviting a global tender to plug the shortfall in supply of rails from Steel Authority of India Ltd …
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January 14, 2018 -
Step up performance to match private players: Par panel to SAIL
A parliamentary panel has said PSU steel giant SAIL must adopt necessary measures to remove all bottlenecks and focus on overall improvement in performance in view of competition from private players. Observing that Steel Authority of India Ltd (SAIL) achieved its highest ever hot metal production at 15.73 million tonnes (MT) during 2016-17, the Standing …
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January 7, 2018 -
SAIL supplies 70% steel for Mizoram’s biggest power project
Steel Authority of India (SAIL) said it has supplied around 70 per cent steel for Mizorams biggest power project — Tuirial Hydro Electric Power project — which was dedicated to the nation on Saturday by Prime Minister Narendra Modi. The company said it has supplied approximately 5,000 metric tonnes of PM plates (plate mill plates), …
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December 16, 2017 -
SAIL looks for product differentiation
State-run Steel Authority of India Ltd (SAIL) sees “product differentiation” as a key strategy to survive in the competitive market, its chairman PK Singh said on Friday. “In the present circumstances, only the best in the class will survive. At a time of high over capacities across the world, product differentiation is the requirement of …
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August 19, 2017 -
SAIL supplies 6.2 lakh tn rails to Indian Railways in FY17
Steel Authority of India Ltd (SAIL) has supplied 6.20 lakh tonnes of rails to the Indian Railways in 2016-17, Parliament was informed on Wednesday. “Initially for 2016-17, Railway Board placed a bulk indent on SAIL for supply of 6,24,516 tonnes of rails, which was met by SAIL and it supplied 6,20,049 tonnes of rails during …
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July 26, 2017 -
India ‘bright spot’ for global steel output growth: Report
India is seen as a "bright spot" for the global steel production growth on account of the government's push to augment capacity and demand from the construction, automotive and infra sectors, says a report. The firms like SAIL and Tata Steel are expected to drive the steel output growth, according to the report by BMI …
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June 8, 2017 -
SAIL Q4 loss reduces to Rs 771.3 cr
State-run steel manufacturer SAIL reported a net loss of Rs 771.3 crore for the fourth quarter ended March, which was lower than the loss incurred in the same quarter of 2016, on the back of higher revenues during the last quarter. The company suffered a net loss of Rs 1,184.64 crore in the corresponding quarter …
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May 30, 2017 -
‘Steel sector facing tough business environment’
State-run Steel Authority of India Ltd (SAIL) on Sunday said it has identified five core areas, including optimisation of new assets utilisation, to turn ongoing challenges into opportunities in a context where the business environment is extremely challenging for the steel sector suffering due to weak demand. "At this crucial juncture for steel industry across …
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February 5, 2017