ALSO READSteel Authority of India reports standalone net loss of Rs 1230.93 crore in the March 2016 quarter Steel Authority of India reports standalone net loss of Rs 535.52 crore in the June 2016 quarter Steel Authority of India provides update on VRS scheme Steel makers in demand Steel Authority of India to hold board meeting
From Cabinet Committee on Economic AffairsSteel Authority of India announced Government of India, Ministry of Steel has communicated the 'in principle' approval of the Cabinet Committee on Economic Affairs (CCEA) of the Government of India for strategic disinvestment of the Bhadrawati, Salem and Durgapur (Alloy Steel Plants) Units of Steel Authority of India. Disinvestment of these Units shall be to strategic buyer(s) to be identified through two stage auction process, as recommended by the Core Group of Secretaries on Disinvestment.
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