Institutional investors flex muscle. Company resolutions see 44% jump in dissent last fiscal yearInstitutional shareholders are increasingly voting against resolutions passed by company managements, indicating a growing trend among inve...
Corporate Radar: NTPC to turn ex-dividend; Coal India Q1 results; AGMs, and moreAbbott India, United Breweries, Zydus Lifesciences, Cummins India, The Ramco Cements, Cholamandalam Financial Holdings, Sobha, Ingersoll-Ra...
Corporate Radar: Dividends, rights issues, AGMs and Q4 earningsAt least five stocks will go ex-dividend today. They included Angel One, Caplin Point Laboratories, Coforge, Cyient and Dolat Algotech.
Shareholder activism puts focus on governance in companiesWith governance in sharp focus at India Inc, corporate boards and top management may find it tougher to push their agenda if not aligned wi...
Improved performance of SAIL based on operational betterment: Anil Kumar ChaudharyIn the AGM, SAIL declared a dividend of 5% for the financial year 2018-19, after a gap of three years.
SAIL posts net profit of Rs. 2178.82 crore in FY 2018-19In Q4 FY19, SAIL posted a net profit of Rs 468 crore against a net of Rs 815.57 crore in Q4 FY18.
Institutional investors voted against 45 resolutions in 2018Of 45 resolutions, five were re-proposed to be passed, which eventually got passed.
SAIL's modernisation, expansion programme near completion: CMDSAIL had undertaken the modernisation and expansion programme to increase its capacity to 21 million tonnes per annum (MTPA).
SAIL to install a 3 mtpa Hot Strip Mill at Rourkela Steel Plant by 2018The new facilities at IISCO Steel Plant (ISP) have also been ramped up significantly with the plant’s Wire Rod Mill soon tipped to produce ...
SAIL spends Rs 284-cr on R&D in FY'15, highest by an Indian coDomestic steel giant SAIL has spent Rs 284 crore on research and development initiatives in the last fiscal ended March 2015, the highest b...
Bokaro Steel Plant not to go for big investments: CEO of BSP Anutosh MaitraRegarding the second phase, Maitra said that efforts were on to consolidate the gains and make corrections for the past mistakes.
Stagnant steel demand scenario coming to an end: SAIL Chairman C S VermaIndia's steel consumption grew by just 0.6% last fiscal, its lowest in 4 years, to 73.93 MT, mainly impacted by a slower expansion of domes...
SAIL plans to raise Rs 5,000-crore debt in current fiscalSAIL is in the midst of expanding its crude steel production capacity to 21.40 mtpa from 12.84 mtpa earlier with Rs 72,000 crore investment.
- Government to speed up PSU stake sale process: Manmohan Singh, PM
Prime Minister Manmohan Singh today said the government will speed up the stake sale process in public sector enterprises to help revive eq...
- BOC India eyes petroleum and petrochemicals sectors
Industrial gases major BOC India is eyeing the petroleum and petrochemicals sectors for growth.
- SAIL FPO likely before Dec holidays
Steel Authority of India (SAIL) could come out with its follow-on public offer (FPO) as early as December, as the company is keen to avoid ...
- Shareholders approve SAIL-BRL merger
Largest steel producer SAIL has received shareholders' approval to merge with state-run Bharat Refractories, with effect from April, 2007.