SAIL Q4 Results: Cons PAT surges 47% YoY to Rs 1,835 crore, revenue rises 5%SAIL reported a strong Q4FY26 performance with net profit rising 47% year on year and revenue growing 5%. Sequential profit surged sharply,...
A short squeeze or sentiment rally? Here's why SAIL shares surged 14% todayShares of Steel Authority of India (SAIL) jumped 14% on Wednesday, driven largely by a short squeeze as traders with heavy bearish derivati...
Market rally continues but fundamentals are weakening, warns Dipan MehtaMarkets are rallying but investor Dipan Mehta urges caution. He believes fundamentals are weakening. A poor monsoon could impact rural busi...
SAIL scouting for location in 3 states to set up Rs 5,000 crore autograde steel plantThe proposed plant would be set up in one of these three states, he told reporters after the release of the corporate sports policy for cen...
Rails supplied to railways are defect free, says SAILMinister of state for railways Rajen Gohain had informed the Rajya Sabha that the requirement of rails for Indian Railways for year 2017-20...
Government scraps plan to divest MSTC's subsidiaryMSTC is a metal scrap trading PSU. It also renders services to steel and petrochemical sectors for raw material support.
SAIL lines up Rs 6,000 crore capex for FY17The programme is being undertaken at the SAIL's facilities in Bhilai, Bokaro, Rourkela, Durgapur and Burnpur as well as the special steel p...
SAIL, BHEL, HMT identified to takeover three sick PSUsGovernment has identified three sick PSUs which will be either merged or taken over by SAIL, BHEL and HMT, Parliament was informed today.
SAIL chief makes plan for timely completion of Burnpur projectClose on heels of a par panel slamming SAIL for delays, the PSU has assigned critical jobs to various teams for completion of project.
- Govt may consider proposal of buyback of shares by PSUs, again
The government is likely to consider a modified proposal to raise funds through buyback of its equity by state-owned companies to meet the ...
- Fertliser minister seeks SAIL's response on Rs 70,000 cr proposal
The Fertiliser Ministry has asked steel PSU SAIL if it would adhere to setting up an urea plant at the premises of one of its sick units as...
- Fertiliser Min rejects SAIL's Rs 70 k-cr Jharkhand proposal
The Fertiliser Ministry has turned down state-owned SAIL's Rs 70,000-crore project for setting up a steel plant and an urea manufacturing u...
- SAIL, NTPC seek Maharatna status
SAIL and NTPC, two of the blue- chip PSUs, have approached the government seeking the coveted Maharatna status that will give them greater ...
- Govt mulls stake sale along with IPO in SAIL
The government is considering divesting some of its stake in the country's largest steel producer SAIL and the same may be discussed in the...
- SAIL's board size to be reduced to 18 soon
The government is set to clear a Steel Ministry proposal to reduce the board size of state-run SAIL from 24 to 18, a development that will ...
- Steel Ministry for SAIL-BCCL partnership to develop Kapuria block
Steel Ministry has sought the Coal Ministry's intervention in expediting the proposed strategic partnership between the state-run PSU and B...
- SAIL to fight for its legitimate rights on Chiria: Roongta
Saying that Chiria mines is imperative for meeting steel behemoth SAIL's capacity expansion, a Parliamentary Committee has asked the govern...