Rashtriya Ispat Nigam

Sebi approves Rashtriya Ispat Nigam's IPO plans

Govt defers RINL's Rs 2,500-cr IPO

The RINL management wrote a letter to the steel ministry on 22 June requesting deferment of the IPO.

RINL, Power Grid ink pact to produce CRGO steel

Earlier, RINL and Power Grid had signed an MoU in December 2011 to set up a joint venture company to manufacture transmission line towers.

PowerGrid net up 37% at over Rs 809 cr

Revenues of the company grew over 20 percent at Rs 2,466.62 crore, as against Rs 2,052.12 crore in the October-December quarter of 2010-11.

Govt to divest 10% in Rastriya Ispat; IPO prospectus filed with Sebi

Sources said the IPO would hit the markets by early January as the entire book building process takes about three months time.<br />

Disinvestment process progressing as per schedule: FM Jaitley

In the Budget, the government estimated to collect Rs. 43,425 crore from selling stake in PSUs and another Rs. 15,000 crore from sale of residual stake in erstwhile government companies.<br />

Centre to sell part stake in SAIL, RINL, HAL in FY15

The disinvestment of 10 percent through an IPO in Rashtriya Ispat Nigam Ltd is "tentatively scheduled for completion in the current financial year", Finance Minister Arun Jaitley said in a written reply in the Lok Sabha.

A quick green nod: Modi govt to okay projects worth Rs 80,000 cr

The new Modi-government has already started making headway into matters that were being stalled by the UPA in their term. Minister of State (Independent charge) for Environment Prakash Javadekar, on Thursday, has promised "fast clearance" for Rs. 80,000 crore worth of projects.