Page 11 - Sail

SAIL spend on mines infructuous; laxity high in safety measures: CAG report

State-owned firm neither applied technical due diligence nor did techno-commercial study to assess viability before allotment of its two captive coal blocks, says report

Nifty Metal index slips 4%; SAIL, Jindal Steel tumble up to 14%

Welspun Corp, Hindalco Industries, Hindustan Copper and JSW Steel were down 5 per cent in intra-day trade on the NSE

Nifty Metal index slips 4%; SAIL, Tata Steel, Hindustan Copper dip up to 6%

An increase in coking coal prices would not augur well financially for steel companies' in India, ICICI Securities said in a note

Stocks to watch: HDFC Bank, Metropolis Healthcare, Wipro, Airtel, DHFL

Metropolis Healthcare said it will acquire Dr Ganesan's Hitech Diagnostic Centre

Retail book of SAIL OFS subscribed 2.4 times, shares end 4.4% higher

Following share sale, govt's stake in SAIL will decline by 10 percentage points from current 75%

SAIL OFS subscribed over 5 times; govt to get Rs 2,664 cr from stake sale

The government is expected to garner Rs 2,664 crore from offloading 10 per stake sale in India's largest steelmaker SAIL through an offer for sale (OFS)

Stocks to watch: HCL Tech, Bharti Airtel, PVR, SAIL, IB Housing, SBI, HFCL

Voting on DHFL bids by committee of creditors ends today

Possible gas leak caused death of 4 workers at Rourkela Steel plant

The deaths of the four workers in the "suspected gas leakage" incident at the coal chemical unit of Odisha's Rourkela Steel Plant in Odisha was possibly due to exposure to a pocket of toxic gas

Share sales gather pace as mkt turns buoyant, valuations hit lifetime highs

Investment bankers said more IPOs including that of Home First Finance Company, RailTel Corporation of India, Kalyan Jewellers India, Stove Kraft and Suryoday Small Finance Bank will be rolled out

SAIL OFS oversubscribed 3.6 times on day one; govt to use greenshoe option

The government's sale of its 5 per cent shareholding in India's largest steelmaker SAIL was over-subscribed 3.6 times on the first day of its opening

Sensex ends 92 pts higher, Nifty near 14,600; SAIL tanks 10%, HAL up 9%

Stock market LIVE updates: The Nifty sectoral indices were mixed, with gains in Nifty Pharma and Nifty FMCG indexes, up 0.8% and 0.7%, respectively being offset by losses in Nifty Metal, down 1%

SAIL dips 10% after government sets floor price at Rs 64 for OFS

The government has decided to sell up to 206.5 million shares, or 5 per cent of total equity, of SAIL through OFS

Stocks to watch: Infosys, Wipro, SAIL, HAL, IndusInd Bank, NHPC, 5Paisa

The government will sell up to 10% stake in SAIL via OFS on January 14-15

Better market conditions, higher output help SAIL pare debt from peak level

Company says net debt down 15% from a peak of Rs 52,290 cr as on April 30, 2020, to Rs 44,308 cr on Dec 31, 2020

At least four workers die after gas leak at SAIL's Rourkela plant

The mishap took place at a coal chemical department facility in the morning when 10 workers were on duty there

Rourkela Steel Plant sets records in production, dispatch despite Covid

Rourkela Steel Plant, a unit of the state-run SAIL, said it has set records monthly hot metal production of 4,06,397 tonnes and crude steel output of 3,62,388 tonnes in December

Soma Mondal takes over from Anil Kumar Chaudhary as SAIL Chairman

In a company statement, Mondal said that the first target is to improve the financial performance of SAIL

SAIL hits 2-year high, zooms 100% in 2 months on strong earnings outlook

Analysts at Edelweiss Broking expect SAIL's performance to improve further driven by realisation uptick, volume growth and iron ore sales providing an additional revenue stream

SAIL turnaround most challenging phase in 36-yr career: Outgoing chairman

The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing Chairman of the country's largest steel maker

Smaller steel producers trail top six players in scaling up production

Shortage of iron ore, spike in input costs are the major impediments