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RINL RESULT
India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...- RINL hopes asset monetisation may garner Rs 3000-4000 crore"If we are able to fetch Rs 3000-4000 crore from the monetisation of the railway wheel plant and the land parcel at Vizag, it will help us ...
- RINL disinvestment paves way for capital infusion, capacity expansion: GovtCCEA had accorded 'in-principle' approval for 100% disinvestment of government's shareholding in RINL along with RINL's stake in its subsid...
- Disinvestment: FM says govt addresses CPSE stakeholders' legitimate concerns through provisions in SPAsSitharaman said strategic disinvestment of the government's equity will lead to infusion of capital for optimum utilisation, expansion of c...
- RINL shuts down two blast furnaces at Visakhapatnam plantState-run steel maker RINL has shut down two blast furnaces at its Visakhapatnam plant, as a result of which the daily production level has...
- Operating profits of steel sector to improve in FY19: ReportA likely improvement in capacity utilisation rates would result in an improvement in operating profitability, due to better absorption of f...
- Parliamentary panel asks government to allot captive iron ore blocks to RINLThe committee acknowledged that the plan of Rashtriya Ispat Nigam Ltd for expansion of its steel capacity by up to 20 MT has been hit due t...
- Rs 156-crore loss to RINL due to interest-free advance to contractors: CAGRINL interest-free advance to contractors in violation of CVC guidelines has resulted in a loss of over Rs 156 crore to the company, CAG sa...
- Outgoing RINL Chairman AP Choudhary rues not having captive minesRINL could have generated enough cash to take up next phase of expansion provided it had captive source for raw materials, outgoing Chairma...
- Government allows SAIL, RINL to charter ships directly for importsSAIL and RINL at present import around 14-15 million tonnes of coking coal annually," said an official statement following the Cabinet meet...
- RINL February turnover up 22% to Rs 1,465 crRINL has clocked 22 per cent growth in revenue in Feb at Rs 1,465 crore despite its production getting hampered.
- AP threatens to cut power supply to RINL's Vizag facilityThe problem has also resulted in the state levying a Rs 70 crore penalty during the four-month period ending December, 2012.
- RINL IPO unlikely to hit markets this fiscalRINL Rs 2,500-cr IPO is unlikely to hit the market in current fiscal as it has to start the process anew following expiry of the offer docu...
- Red herring prospectus of RINL IPO likely by this month end, says Steel MinistryThe Red Herring Prospectus or Final Offer Document of the RINL's delayed IPO may be filed by the end of this month, a senior Steel Ministry...
- CAG pulls up steel PSUs RINL and SAIL for Rs 312-crore lossCAG has pulled up steel makers RINL and SAIL for deviating from set practice for product sales and making unsound business investment leadi...
- Rashtriya Ispat Nigam IPO may go ahead despite management's plea to defer itState-run Rashtriya Ispat Nigam's appeal to defer its Rs 2,500 crore IPO in view of a fire at its plant killing 19 may go unheeded.
- RINL IPO deferred by three weeks on volatile market conditionsMerchant bankers for the IPO think an early July launch may not yield the desired results. All roadshows have also been deferred.
- RINL dubs subsidiaries OMDC, BSLC as risk factorsRINL has dubbed its subsidiaries Orissa Mineral Development Corp and Bisra Stone Lime Corp as "risk factors".
- RINL, NMDC sign MOU for Rs 2200 crore project to install a 336 km pipelineMining giant NMDC has signed a MoU with RINL for a Rs 2200 crore project to install a 336 km slurry pipeline from Jagdalpur to Visakhapatna...
- Steel Ministry praises RINL for financial performance in FY12After criticising SAIL for its poor performance two days ago, Steel Minister Beni Prasad Verma has lauded RINL for its good results in FY12.
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