Govt approves sale of FSNL to Japan's Konoike Transport Co for Rs 320 croreThe government has approved the privatisation of Ferro Scrap Nigam Ltd (FSNL) to Japanese company Konoike Transport Co Ltd for Rs 320 crore...
19 Sep, 2024, 11.39 PM IST
Steel body wants merger of three Companies with SAIL for synergyThe Steel Executives Federation of India (SEFI) has proposed merging state-run Rashtriya Ispat Nigam Limited (RINL), Ferro Scrap Nigam Limi...
05 Jul, 2024, 12.11 AM IST
Got multiple EoIs for FSNL disinvestment: DIPAM SecyThe Secretary of the Department of Investment and Public Asset Management (DIPAM) on Monday tweeted that multiple expressions of interest (...
20 Jun, 2022, 11.41 AM IST
FinMin invites bids for FSNL privatisationThe finance ministry on Thursday invited bids to sell the entire government stake in Ferro Scrap Nigam Ltd (FSNL). The last date to submit ...
31 Mar, 2022, 03.23 PM IST
Govt invites bids from asset valuers for strategic sale of FSNL"The Department of Investment and Public Asset Management (DIPAM) requires the services of a reputed asset valuer entity — registered with ...
11 Nov, 2021, 05.34 PM IST
Strategic sale to be primary mode for disinvestment: ThakurDisinvestment of the government's equity in CPSEs depends largely on market sentiment, investor interest, and market valuation of CPSE stoc...
09 Mar, 2021, 06.38 PM IST
Govt starts process for strategic sale of Ferro Scrap NigamThe government would appoint a transaction advisor from reputed consulting firms, investment bankers or financial institutions for providin...
03 Nov, 2020, 07.36 PM IST
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...
05 Apr, 2020, 12.04 PM IST
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.
04 Feb, 2018, 12.56 PM IST
CVC probing 1,962 corruption cases against senior babus: GovernmentNo corruption case is under investigation by CVC against the present managing director of Ferro Scrap Nigam, the government said today in L...
26 Jul, 2017, 05.01 PM IST
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.
23 Jul, 2017, 02.03 PM IST
Steel Ministry looking at merging small PSU units with bigger onesThe committee, which tabled its report in the Lok Sabha today, said the issue of merger of small units came up for discussions during oral ...
22 Dec, 2014, 09.31 PM IST
Top posts vacant in 35 PSUs including Coal India, BSNL, NHPCIn all, 25 Chairman-cum-Managing Director (CMD) posts, 8 MD posts and 2 Chairman posts are lying vacant.
07 Jul, 2014, 06.12 PM IST
SAIL, RINL, MOIL to set up joint venture for ferro alloy plantThe Rs 400 crore JV between SAIL and MOIL was proposed to be set up in Chhattisgarh with an annual capacity of one lakh tonnes per annum.
24 Dec, 2013, 02.54 PM IST
SAIL may team up with RINL, MOIL to set up ferro alloy plantSAIL may join as the third partner in RINL-MOIL joint venture for manufacturing ferro alloy as its plan for a separate unit with the mangan...
14 Nov, 2013, 05.49 PM IST
- Becoming a mini-ratna co won’t be easy anymore
The government is likely to tighten norms for granting public sector undertaking (PSU) to qualify as mini-ratnas.
04 Nov, 2006, 02.38 AM IST
- Govt to sell MSTC, Ferro Scrap stake
The government has decided to offload its 100 per cent stake in Metal Scrap Trading Corporation along with 60 per cent holding in Ferro Scr...
08 May, 2002, 07.18 AM IST