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RINL EARNINGS
CCEA approves Rs 11,440 crore RINL revival planThe CCEA approved an Rs 11,440 crore revival plan for RINL, including Rs 10,300 crore in fresh equity. RINL aims to achieve peak steel prod...- Steel ministry pushes for merger of debt-hit RINL with SAILThe steel ministry is working on merging Rashtriya Ispat Nigam (RINL) with Steel Authority of India Ltd (SAIL) to avoid privatization. SAIL...
- Rescue package on the cards for MTNL, RINL; committee to take final call on servicing MTNL debt of nearly Rs 8,000 crThe government is considering bailout plans for MTNL and RINL, with discussions involving the finance ministry. A committee will decide on ...
- RINL achieves record turnover in FY 2021-22, says CMDPresiding over the 40th annual general meeting of RINL in Visakhapatnam on Wednesday, CMD Atul Bhatt said the company achieved earnings bef...
- Arcelor Mittal’s Essar Steel buy may not severely hit other playersArcelor Mittal’s debut in steel industry through acquisition of Essar Steel will raise the competition in the domestic steel sector. Nevert...
- RINL posts Rs 97 crore profit in FY19RINL also improved market share to 8.80% in 2018-19 from 8.60% in the previous year.
- RINL registered a 31% jump in turnover at over Rs 16,500 crore (provisional) in 2017-18 over 2016-17RINL is increasingly planning to focus on development coastal shipping as an alternative mode of logistics to reduce its dependence on Rail...
- No fresh investment in SAIL, RINL till project completion:SecyThe cumulative expenditure by SAIL on modernisation and expansion activities till December last year was to the tune of Rs 64,562 crore.
- RINL expects to break even in FY18; pins hopes on Rs 12,000 crore modernisationRINL expects to boost its sales through enhanced online presence.
- LIC investment in equity market to cross Rs 55,000 crore in FY'15LIC has raised its stakes in many PSU banks including UBI, CBI and Bank of Maharashtra by picking up preferential shares.
- SBI sanctions Rs 2,650 cr loan to RINLSBI sanctions Rs 2,650 crore loan to state-run steel maker Rashtriya Ispat Nigam (RINL) for meeting capital expenditure needs.
- Rashtriya Ispat Nigam on the brink of losing Navratna statusIn case of RINL losing the Navratna status, company's financial autonomy will also get impacted.
- Rashtriya Ispat Nigam Ltd PAT for FY12 at Rs 751 croreState-run Rashtriya Ispat Nigam Ltd (RINL's) Profit after Tax (PAT) for FY12 grew 14 per cent at Rs 751 crore, a top company official said ...
- The government plans to revive disinvestments; it should hurry upThere is no ideal time to disinvest: the best time is now. Between 2004 and 2009, the first UPA government was slow to sell stakes in state...
- Vizag Steel Plant May sales touch Rs 950 croreA marketing push saw value added products rise 45%, while project sales grew 47%.
- '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...
- Inflation-hit market sentiment not prudent for floatsIPOs of Nuclear Power Corporation, Cotton Corporation of India, RINL, Ircon, Railtel and IRFC would hit the D-Street from October onwards. ...
- NINL sustains loss of Rs 200 cr due to shutdownDomestic steel producer Nilachal Ispat Nigam Limited is in serious trouble as it has sustained a loss of nearly Rs 200 crore in the past 50...
- Steel to join selloff list, RINL may divest 10%The disinvestment programme of the government may soon bring into its fold the country’s growing steel sector.
- Steel to join selloff list; RINL may divest 10%The government is considering a proposal to offload 10% of its equity in profit-making Rashtriya Ispat Nigam (RINL) in the market.
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