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AMARENDU PRAKASH STATEMENT
After NMDC and MECON, steel maker SAIL opens office in Dubai to boost global presenceSteel Authority of India Limited has opened a representative office in Dubai. The aim is to boost steel exports and strengthen trade ties. ...- SAIL FY25 net profit falls 23% to Rs 2,371 croreSteel Authority of India Limited's consolidated bottomline saw a 22.66% decline for fiscal year 2024-25. The total income stood at Rs 1.03 ...
- India's JSW Steel, SAIL in talks with Mongolia for coking coal shipments, sources sayJSW Steel and Steel Authority of India (SAIL) are in talks with Mongolian authorities to import coking coal, with JSW planning to buy 2,500...
- SAIL-BHP to jointly forge steel decarbonisation planSteel Authority of India Limited (SAIL) and BHP signed an MoU to explore decarbonisation strategies for SAIL's integrated steel plants. The...
- SAIL Q1 Results: Net plunges over 60% as steel prices melt on import pressureSAIL experienced a substantial decline in net profit, falling over 60% to ₹81.78 crore in Q1 of FY 2024-25, due to reduced domestic steel p...
- SAIL Q1 Results: Net profit slumps 93% YoY to Rs 11 crore on weak pricing, exceptional itemThe steel maker had an exceptional loss of Rs 312 crore. The state-owned steel company reported a 3% year-on-year increase in steel sales d...
- Infra allocation, support to startups to boost innovation in steel sector, create jobs: ISAThe increased R&D funding and support for startups and MSMEs in the Budget will foster innovation in steel manufacturing, according to the ...
- Met coal imports from Russia jump nearly three-fold in last 3 fiscalsIndia's metallurgical coal imports from Russia have increased by three-fold in the last three years, reaching 15.1 million tonnes in 2023-2...
- SAIL directors suspended after Lokpal concludes discrepancies in commercial dealsTwo directors and multiple executive director level officers of Steel Authority of India Limited (SAIL) were suspended after the Lokpal con...
- Amarendu Prakash takes charge as SAIL chairmanHe is a metallurgical engineer from BIT Sindhri and joined SAIL in 1991 as a Management Trainee (Technical). A company statement said Praka...
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