Steel Authority Of India Ltd
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Govt begins process for next SAIL chairman; current chief A K Chaudhary's term ends in December 2020
•SAIL's current chairman who assumed the position in September 2018, is scheduled to retire in December 2020
India will have to depend on imported coking coal for targeted steel output by 2030-31, say experts
Ians •About 85 percent of current requirement of coking coal is met through imports and increasing domestic coking coal use to 35 percent by 2030-31, as per National Steel Policy, could be a "challenge", they said.
Markets end on a flat note; Idea up 4% ahead of results
Fp Staff •Today is the April F&O series expiry and volatility is likely to creep in the latter part of the day.
Govt won't wait for improved mkts for PSU stake sales
Fp Archives •The government has indicated that it will not wait for the markets to improve to go ahead with the planned stake sale in PSUs including SAIL, NALCO and BHEL. where it plans to divest close to Rs 30,000 crore
SAIL sees FY13 capex at $2.9 bn: chairman
Fp Archives •State-run Steel Authority of India Ltd will spend about Rs 145 billion on capital expenditure in the next fiscal year, up 15 percent from the current year, adding 5 million tonnes of capacity, its chairman said.
S&P cuts outlook on NTPC, SAIL and NHPC too
Fp Staff •The change in rating outlook on the GREs reflect the change in outlook for the long-term sovereign credit rating of India,
Govt sets SAIL, but the FPO is caught in choppy waters
Fp Staff •All this doesn't paint a pretty picture from an investor point of view, particularly when India looks increasingly attractive even as the West scrambles to put its own house in order. The bottomline is: The government has to keep its reforms momentum going. The risks far outweigh the benefits.<br /><br /> <br /><br />
SAIL Q1 numbers down; sees steel demand improving
Fp Archives •Steel Authority of India Ltd (SAIL), India's largest domestic steel producer, on Friday said it expects steel demand to improve and held out hope its raw material costs may reduce in coming quarters as coal supplies from Australia stabilise.