Centre to strengthen Vizag Steel, not privatise it, says union minister; BRS terms his comments 'distraction'Union Minister of State for Steel Faggan Singh Kulaste announced that the Indian government would strengthen the Vizag Steel Plant rather t...
RINL seeks proposals to fund working capital/ raw material in exchange for steel supplyRashtriya Ispat Nigam Ltd (RINL) has called for expressions of interest from companies interested in partnering for the supply of steel pro...
Govt plans to invite EoIs for divestment of RINL by Jan-endTata Steel, JSW Steel and Adani Group have shown "strong interest" in the entity during the pre-bid consultations held in early December, s...
Govt invites global bids for strategic divestment of PDIL, HLL LifecareThe process of privatisation of BPCL, Pawan Hans, BEML, Shipping Corp of India (SCI), Neelachal Ispat Nigam Ltd and RINL is ongoing.
Tata Steel interested in acquiring Vizag-based RINL: CEO T V NarendranCEO T V Narendra further said Tata Steel has submitted Expression of Interest (EoI) for Odisha-based steel maker Neelachal Ispat Nigam Ltd ...
Efficient management, tech use by private sector to unlock real value of CPSEs being privatised: FM"In response to PIM, multiple EoIs have been received. In the second stage of transaction, after due diligence by Qualified Interested Bidd...
Targeting to conclude BPCL strategic sale by June: DIPAM SecretaryThe government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petroleum...
SAIL, RINL evince interest to partner NMDC for steel projectTwo state-owned steel makers -SAIL and RINL- have evinced interest to be NMDC's joint venture partner in the Rs 15,525-cr proposed steel pr...
- RINL eyes tie-up with Sri Lankan firm for manufacturing
RINL Director (Commercial) T K Chand said the company has already called for expression of interest from Sri Lankan steel rod and bar manuf...
- DoD invites expression of interest for TCIL stake sale
Kick-starting the process of outright sale of the ailing TCIL, the disinvestment deptt has invited expression of interest from entities wil...
- RINL to commission 3 mt capacity blast furnace next month
Apart from investing about Rs 18,000 cr on expansion, it will add another 1-MTPA by the end of next fiscal.
- OMDC suspends operations at Kolha Roida and Dalki mines
OMDC today said it has suspended operations at its Kolha Roida and Dalki mines after not getting permission to lift ore from the mines.
- ICVL invites bids for consultants to Indonesia Steel Plant
ICVL recently initiated talks to set up 3 MT steel plant in Indonesia with SAIL at investment of Rs 15,000 crore.
- Rashtriya Ispat Nigam to raise Rs 22,500 crore debt to fund expansion projects
The state-run firm has invited around 45 lenders, both domestic and international to present its future vision in Mumbai on first week of t...
- RINL to name advisor for Canada mine bid
Rashtriya Ispat Nigam (RINL) is in the process of appointing a consultant for advising it on its proposed bid for an iron ore mine in Canad...
- Rashtriya Ispat eyes ore in Canada
Rashtriya Ispat Nigam (RINL), which runs the Vizag Steel Plant, has put in a bid to develop iron ore assets in Canada, even as its applicat...
- Coal Ventures ready for global arena
The Cabinet has already cleared the proposal for setting up the new entity that would function on the lines of a mega PSU with a war chest ...