Page 13 - Sail

Cabinet panel approves restructuring of Steel Authority of India board

The four positions of chief executive officers of integrated steel plants of the company are to be elevated as functional directors

ACC approves restructuring of SAIL's board for greater efficiency

Besides, the board will have non-official directors as per the Companies Act 2013 and 2 government nominee directors as per the DPE (Department of Public Enterprise) policy

RSP, a SAIL unit exports over 34,000 tonne of steel plates since July

The unit is ready with additional 1,000 tonne of steel plates for export in the current month

Steel companies step up oxygen supply across India to aid Covid-19 patients

In the last 40 days, RINL has supplied more than 4,000 tonnes of liquid oxygen to the local state administration, at an average of 100 tonnes a day

MARKET WRAP: Sensex up 288 pts, ends above 39K; mid, small-caps outperform

All that happened in the markets today

SAIL reports over Rs 1,226 cr net loss in Q1 due to reduced income

The company had posted Rs 102.68 crore net profit in the year-ago quarter, Steel Authority of India Ltd (SAIL) said in a BSE filing

Mining group writes to PMO for transparency in domestic steel pricing

Demands domestic steel price monitoring, regulation mechanism

Improving realisations may help steelmakers forget Covid-19 memories

Improving realisations and cheaper raw material should help profitability, though domestic demand is yet to reach pre-Covid levels

BSE Metal index jumps nearly 4%; SAIL advances 7%, Hindalco surges 6%

SAIL gained 8 per cent to Rs 37.3 after the company on Tuesday informed it attained a sales volume of 15.83 lakh tonnes in July.

SAIL's total sales increases by 50% to 1.58 million tonnes in July

State-owned SAIL on Tuesday said its total sales grew by about 50 per cent on year to 15.83 lakh tonnes (LT) during July 2020.

SAIL's stockpile of iron ore fines give company opportunity for profit

Profits from the sale of high-grade iron ore fines could help state-owned company reduce debt

SAIL net profit rises multi-fold to Rs 2,647 cr in March quarter

The firm said it also achieved its best-ever annual sales of 14.23 million tonne (MT) during the financial year 2019-20

Market Ahead, July 10: All you need to know before the opening bell

The June quarter results of TCS will be a major focus for the Indian markets today which is also likely to decide how the rest of the IT space trades throughout the session

Coronavirus drags Tata Steel production and sales volume in Q1FY21

June sees improvement in sales, utilisation up to 80 per cent

Metal stocks rally: SAIL jumps 6%; Tata Steel, Hindalco, JSPL gain up to 4%

Tata Steel, Vedanta, JSW Steel, and Nalco were up in the range of 2.7 - 3.2 per cent.

SAIL stops operations at corporate office after staff test corona positive

Infected employees asked to home quarantine; govt-appointed agency engaged to do fumigation at firm's headquarters at Delhi's Lodhi Road

Amid coronavirus lockdown, steel demand pick-up off to a slow start

Construction activities have resumed, albeit in a staggered manner; in some pockets there is demand for yellow goods as well

Coronavirus lockdown: SAIL rings alarm bells over financial position

Impacted by customers in various sectors shutting operations

Foreseeing strong demand for steel post-coronavirus: SAIL chairman

Our decision to rely on railways, and not roadways, to transport both raw material as well as finished products is bearing fruit, says Anil Kumar Chaudhary

Coronavirus shutdown puts Rs 15-trillion debt at risk, to impact finances

These 201 indebted firms paid Rs 1.1 trillion as interest in April-December 2019