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C.S. VERMA
SAIL reports a 26% slide in Q4 net profit to Rs 334 croreSteel Authority of India reported a 26% slide in fourth quarter (Q4) net profit to Rs 334 crore on lower sales realization due to weak stee...- Explore solar power: SAIL Chairman CS VermaVerma emphasised the need for immediate measures for substantial reduction in cost and augmentation of the production level.
- SAIL plans to invest Rs 1.5 lakh crore to ramp up capacitySAIL Chairman CS Verma said on Wednesday the expansion proposal would be presented to the company’s board shortly for approval.
- ICVL acquires Rio Tinto's coal assets in Mozambique"The sale is subject to certain conditions precedent and regulatory approvals. The transaction is expected to close in the third quarter of...
- Expect steel demand to pick up further in India: CS Verma, SAIL$1 trillion, which is 10 per cent of GDP, has been planned by the government to be spent on the various sectors of infrastructure.
- Growth in sales volumes up 38% YoY: CS Verma, NMDC"Our profit before tax has gone up by 24% and profit after tax has gone up by 21% for the quarter ended December 2013."
- Aim to export 0.8 milion tonnes of steel in FY14: CS Verma, SAIL & NMDC"This year sales target for SAIL is 0.8 mn tn. Good times are going to be coming soon and the worst is over in the steel space."
- Expect second half to be much better than first half for us: CS Verma, NMDC"I am expecting the second half to be much better than the first half of the operational performance of the company," says CS Verma.
- Benefit of low coking coal prices offset by weak rupee: CS Verma, SAIL"To produce one tonne of steel, we require one tonne of coking coal and above 75-80% requirement of the coking coal is met through imports....
- No proposal to buyback shares being considered right now: CS Verma, SAILThe Government of India’s holding in SAIL is 85.82% currently. The government is going to divest 10.82% during this fiscal, that is this mo...
- Don’t expect significant change in iron ore prices: CS Verma, NMDCWe take a view and assessment of the demand and supply position in the market, says CS Verma.
- SAIL receives SCOPE Meritorious Award for corporate governanceSteel Authority of India Limited (SAIL) has bagged the 'SCOPE Meritorious Award for Corporate Governance' for 2010-11.
- SAIL in talks with Virginia for coal assetsVirginia produces over 24 million tonnes of coal annually and exported over $293 million worth of goods and services to India in 2010.
- NTPC-SAIL Power Company paid dividend of Rs 52.27 crore to SAILNTPC-SAIL Power Company , an equal joint venture between SAIL and National Thermal Power Corporation has paid a dividend of Rs 52.27 crore ...
- Will go with FPO plan only after assessing market condition: CS Verma, SAILDepending upon the market conditions and other issues, SAIL will make an assessment of the right timing of the FPO issue early next year.
- India expected to become second largest steel producing nation'The mini steel sector has also been playing an important role in the economy in generating employment and meeting localized demand of stee...
- SAIL capex plan on track: CS VermaSAIL chairman CS Verma talks about the status of its follow on public offer, how the company is gearing up to take on the multipronged chal...
- Expecting to come out with FPO in mid-Feb 2011: CS Verma, Chairman, SAILFollowing a lower-than-estimates Q3 result, CS Verma, Chairman, SAIL analyses on ET Now the key factors that hurt profitability for the qua...
- 'China not a threat to Indian steel makers'SAIL chairman CS Verma lists the challenges faced by the company in an interview with ET.
- SAIL to focus on value-added steel, global M&AsSteel Authority of India will enhance its production capacity of value-added steel required by the power sector and expand its global prese...
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