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SAIL supplies 48,200 tonnes of steel for Purvanchal Expressway

The 341-km expressway links UP capital Lucknow with Ghazipur and has been constructed at an estimated cost of Rs 22,500 crore

SAIL supplies 48,200 tonnes of steel for Purvanchal Expressway
Updated On : 17 Nov 2021 | 7:12 PM IST

Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco

Indian Energy Exchange and Apollo Pipes have announced their respective record dates for the issuance of bonus shares for eligible shareholders

Stocks to Watch: IndiGo, Biocon, Pfizer, IEX, TFCI, SAIL, BHEL, Nalco
Updated On : 17 Nov 2021 | 8:38 AM IST

Financials, Reliance drag Sensex down 396 pts; Maruti zooms 7%, M&M 3%

Stock market LIVE: The NSE Nifty swung in a range of 174 points, and finally settled at 17,999, down 110 points

Financials, Reliance drag Sensex down 396 pts; Maruti zooms 7%, M&M 3%
Updated On : 16 Nov 2021 | 4:19 PM IST

SAIL exploring categories under PLI scheme for specialty steel: Chairman

State-owned SAIL is expected to make investments under the PLI scheme for specialty steel as the steel giant is in process of "examining categories under the scheme." SAIL is evaluating the guidelines of the scheme and would reach a conclusion with respect to investments under it accordingly, company's chairman Soma Mondal told PTI. Replying to an e-mailed query on SAIL's investment plans under the PLI scheme, she said "SAIL is presently in process of examining various categories under the PLI scheme, for feasibility and which may synergize with SAIL's current capabilities...The process of evaluation is ongoing based on the detailed guidelines, it would take some time to crystalize the specific investment plans." Mondal also informed that post identifying product category under the scheme, if required, SAIL's Research & Development Centre for Iron & Steel and the Centre for Engineering and Technology shall work in tandem with steel plants of the company to develop the products

SAIL exploring categories under PLI scheme for specialty steel: Chairman
Updated On : 03 Nov 2021 | 3:58 PM IST

SAIL surges 13% on best-ever quarterly profit of Rs 4,304 crore in Q2

The company has announced interim dividend of Rs 4 per equity share or 40 per cent of the paid up equity share capital of the Company

SAIL surges 13% on best-ever quarterly profit of Rs 4,304 crore in Q2
Updated On : 01 Nov 2021 | 10:54 AM IST

Stocks to Watch: IRCTC, HDFC, RIL, SCI, Tata Motors, Vedanta, Godrej Group

Plenty of stocks are set to react to September quarter earnings by corporate over the weekend this morning

Stocks to Watch: IRCTC, HDFC, RIL, SCI, Tata Motors, Vedanta, Godrej Group
Updated On : 01 Nov 2021 | 8:30 AM IST

Ajit Mishra identifies three stocks that are ready for a fresh up move

Coromandel International, HDFC Life Insurance Company and SAIL are the stocks that the technical analyst from Religare Broking is bullish on

Ajit Mishra identifies three stocks that are ready for a fresh up move
Updated On : 06 Oct 2021 | 8:22 AM IST

Losing sheen! Don't lap up metal stocks yet, hint tech charts; here's why

The overall trend for metal stocks seems to be precarious, and a further downside cannot be ruled out

Losing sheen! Don't lap up metal stocks yet, hint tech charts; here's why
Updated On : 21 Sep 2021 | 12:13 PM IST

SAIL to double capacity to 50 mn tonnes by 2030, starts land bank study

The last phase of expansion by SAIL entailed raising capacity from 12.8 mt to 21.4 mt. But the plan, conceived in 2006-2007, was delayed due to the 2008 global financial crisis

SAIL to double capacity to 50 mn tonnes by 2030, starts land bank study
Updated On : 08 Sep 2021 | 4:16 PM IST

SAIL to invest Rs 4k cr in Jharkhand over 3 yrs, raise Gua mines capacity

SAIL on Saturday expressed commitment to invest Rs 4,000 crore in the next three years in Jharkhand to augment capacity of its Gua mines besides installing a 4-million-tonne (MT) pallet plant.

SAIL to invest Rs 4k cr in Jharkhand over 3 yrs, raise Gua mines capacity
Updated On : 28 Aug 2021 | 4:54 PM IST

SAIL aims to bring down borrowings to Rs 20,000 crore

During FY21, net debt had decreased by Rs 16,131 crore to Rs 35,350 crore

SAIL aims to bring down borrowings to Rs 20,000 crore
Updated On : 26 Aug 2021 | 11:40 PM IST

SAIL aims at reducing net debt to Rs 15,000-20,000 crore in FY22

Steel Authority of India Ltd is aiming at reducing its net debt to a range of Rs 15,000-20,000 crore in the current fiscal if the prices and demand for the commodity remain stable

SAIL aims at reducing net debt to Rs 15,000-20,000 crore in FY22
Updated On : 26 Aug 2021 | 7:18 PM IST

Aviation Ministry grants permission to use drones to 10 organisations

The Civil Aviation Ministry on Monday gave conditional permission to 10 organisations, including Mahindra and Mahindra, SAIL and Bayer Crop Science, to use drones for various purposes

Aviation Ministry grants permission to use drones to 10 organisations
Updated On : 16 Aug 2021 | 7:36 PM IST

SAIL returns to black; posts Rs 3,897-cr net profit for June quarter

Domestic steel major SAIL on Friday returned to the black, posting a consolidated net profit of Rs 3,897.36 crore for the June 2021 quarter.

SAIL returns to black; posts Rs 3,897-cr net profit for June quarter
Updated On : 07 Aug 2021 | 12:38 AM IST

Top headlines: SAIL posts Rs 3,897 cr profit in Q1; Amazon's big win in SC

Business Standard brings you top headlines of the day

Top headlines: SAIL posts Rs 3,897 cr profit in Q1; Amazon's big win in SC
Updated On : 06 Aug 2021 | 8:44 PM IST

SAIL posts Rs 3,897-crore net profit for June quarter

Domestic steel major SAIL on Friday returned to the black, posting a consolidated net profit of Rs 3,897.36 crore for the June 2021 quarter

SAIL posts Rs 3,897-crore net profit for June quarter
Updated On : 06 Aug 2021 | 8:18 PM IST

Reliance to SAIL: India Inc on deleveraging spree as economy slows down

Companies don't want debt-fueled growth, seek prudence as banks crack the whip.

Reliance to SAIL: India Inc on deleveraging spree as economy slows down
Updated On : 26 Jul 2021 | 12:28 AM IST

Metal stocks likely to underperform broader market during H2 2021

The dollar-denominated hot rolled steel prices in China are up 27 per cent in 2021 against 13.4 per cent rise in S&P 500 index, but some analysts are turning cautious

Metal stocks likely to underperform broader market during H2 2021
Updated On : 22 Jul 2021 | 12:32 AM IST

Amfi rejig: NMDC, SAIL, BoB, 4 other stocks enter large cap category

Changes will apply from July-December 2021; newly-listed companies India Railway Finance, Macrotech, Indigo Paints and Sona BLW Precision Forgings enter mid-cap category

Amfi rejig: NMDC, SAIL, BoB, 4 other stocks enter large cap category
Updated On : 07 Jul 2021 | 12:00 AM IST

No plans to reduce SAIL headcount: Pradhan to WB Finance Minister

SAIL, under the Ministry of Steel, is the country's largest steelmaker

No plans to reduce SAIL headcount: Pradhan to WB Finance Minister
Updated On : 17 Jun 2021 | 7:14 PM IST