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STEEL PSUS
LIC emerges as highest profit-making financial company in Jan-Mar quarterLast week, LIC reported a 23 per cent jump in net profit to record Rs 23,420 crore in the just concluded March quarter as compared to Rs 19...- LIC emerges as highest profit-making financial company in March quarterLife Insurance Corporation of India has achieved the highest profit in the Indian financial sector for the March quarter. The company repor...
- India markets outlook: Varun Goel sees opportunity in 4 sectors amid geopolitical tensionsIndian equity markets are in a rangebound phase, presenting opportunities for investors. Strong macroeconomic fundamentals support a positi...
- Hindustan Zinc shares surge 5% as silver prices near Rs 3 lakh/kg after import duty hike; Vedanta shares jump 4%Government has raised import duties on gold and silver to 15 percent. This move has caused precious metal prices to surge. Hindustan Zinc a...
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
- Steel PSUs contribute over Rs 250 crore to PM-CARES FundSteel makers Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Nigam Ltd (RINL) have given Rs 30 crore and Rs 6.16 crore respectively...
- SAIL and NMDC should surrender undeveloped iron ore blocks: ExpertsThe state-owned steelmaker currently has an annual iron ore production capacity of 64.5 mt, according to data available on its website.
- Steel PSUs' capex slashed by 11% to Rs 11,317 cr for FY19Meanwhile, the country's top iron ore producer NMDC's capex has been slashed by a huge 27 per cent to Rs 3,778 crore for the next fiscal.
- SAIL may return to profit next year: Steel SecretaryStating that five of the seven steel PSUs, including NMDC, MOIL and MSTC, are well established, the secretary said the vision of the PSU is...
- Committee set up for revival of SAIL, RINLMinister of State for Steel Vishnu Deo Sai cited a report that had recommendations on how to improve the performance of the two PSUs
- Government plans steel plants with private players on PSU landWith private sector's help, the government wants to more than double steel production capacity to 300 million tonnes by 2030.
- Misuse of CSR funds: PIL in HC seeks action against ex-ministerThe petition has claimed that the DPE guidelines stipulate that CSR funds be invested in the peripheral areas of the PSU.
- Steel, mining PSUs donate Rs 15 crore towards Jammu and Kashmir relief workThe highest contribution (Rs 6 crore) to the fund has been made by the country's top iron ore miner NMDC, followed by Rs 3 crore by domesti...
- Steel PSU stake sale only after considering national interest: TomarThe Steel Ministry had suggested that the new government should bring down stakes in steel PSUs to 51% and utilise the proceeds for develop...
- Four steel cos sign pact to give Rs 2 crore to set up schoolSAIL, NMDC, RINL and MOIL signed the MoU with Amity Group for cumulatively providing Rs two crore financial assistance for the school.
- Steel PSUs slammed for confining CSR to 2 UP districtsA Parliamentary Panel has slammed steel PSUs for mostly confining their CSR activities to two districts in Uttar Pradesh, including Gonda.
- Steel PSUs may have to bid for mines under draft billThe steel ministry has made its opposition known to certain proposals in the new mining Bill that seek to remove reservation of mines for p...
- 'Steel PSUs' profit over Rs 8k cr in Apr-Dec, 2009'The government on Friday said the net profit of steel PSUs, including SAIL and RINL, stood at over Rs 8,000 crore during the April-December...
- Rel Infra eyes Rs 15,000 crore share in PSU steel projectsAnil Ambani group's Reliance Infrastructure is eyeing engineering, procurement and construction (EPC) projects worth Rs 15,000 crore from s...
- Rs 1500cr remains unspent with steel PSUsIronically, for the current fiscal again the steel PSUs prepared inflated estimates.
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