Steel companies' outlays could jump 44% on growth hopesPublic sector steel companies are set to significantly boost their capital spending. In FY27, expenditure is projected to jump by nearly 44...
03 Feb, 2026, 11.08 AM IST
SAIL to invest Rs 6,500 Cr towards capex in FY25: CMD Amarendu PrakashSteel Authority of India Ltd (SAIL) plans to invest ₹6,500 crore this fiscal year as part of its ₹1 lakh crore capex over the next few year...
05 Jul, 2024, 04.40 PM IST
SAIL's IISCO steel plant may infuse Rs 20,000-24,000 crore in BengalSpeaking about IISCO's performance, Singh said the plant currently operates a 2.6 million-tonne crude steel plant and converts 85-90 per ce...
05 Feb, 2024, 10.16 PM IST
Street cheers SAIL's capex plans, guidanceShares rose more than 3% intraday before closing at ₹84.35 on the National Stock Exchange, up 2.7% from the previous close. Most analysts, ...
30 May, 2023, 06.45 AM 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
SAIL lines up Rs 4,000 crore capex for next fiscalThe company would fund the capital expenditure through debt.
08 Feb, 2017, 01.48 PM IST
Fitch downgrades SAIL to 'BB'Fitch Ratings has downgraded Steel Authority of India Limited's (SAIL) Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'BB' from ...
02 Apr, 2016, 08.14 PM IST
Vision 2025 plan: SAIL lines up capex of Rs 7,500 crore for FY16Indian steel companies struggling to compete against imports have and received protection in form of a 20% safeguard duty on imports for 20...
24 Sep, 2015, 06.41 PM IST
SAIL commissions two major facilities in Bhilai plantThe setting up of the two facilities forms a part of the Rs 17,265 crore capex being deployed in the company's flagship plant.
18 Oct, 2014, 04.40 PM IST
PSU chiefs promise to meet capex plans, maintain dividendHeads of several blue-chip state- owned firms today assured Chidambaram that they will try to meet their capital expenditure plans.
10 Jan, 2014, 03.40 PM IST
SAIL, RINL, NMDC to achieve Rs 15,820-cr capex target in FY2014These three firms have set for themselves an ambitious Rs 14,925 crore capex target for the 2014-15 fiscal.
29 Dec, 2013, 11.55 AM IST
SAIL spends Rs 44,536 crore on capex in 7 yearsSAIL has incurred capital expenditure of Rs 44,536 crore over the past seven years so as to raise the annual capacity to 20.23 million tonn...
22 May, 2013, 05.38 PM IST
- Fitch affirms Steel Authority of India at 'BBB-', outlook negative
SAIL's ratings reflect a favourable outlook on its products given growth in the domestic infrastructure, auto and white goods sectors.
03 Jul, 2012, 03.01 PM IST
- SAIL capex plan on track: CS Verma
SAIL chairman CS Verma talks about the status of its follow on public offer, how the company is gearing up to take on the multipronged chal...
24 Jan, 2011, 06.06 AM IST
- Nomura upgrades SAIL to 'BUY'
Nomura Equity Research has upgraded its recommendation on SAIL to ‘BUY’ from its earlier view of reduce. It has set a revised price target ...
18 Dec, 2009, 12.38 PM IST
- SAIL to raise Rs 6,500 cr from banks to fund FY 10 capex
State-run steel major SAIL said it plans to raise long-term debt of Rs 6,500 crore from various banks to fund its capex plans for the curre...
27 Jul, 2009, 09.11 PM IST
- SAIL revises capex target to 25 MT
Public sector steel maker SAIL on Monday said it will invest Rs 43,000 crore till 2010 to nearly double its manufacturing capacity to 24.98...
28 May, 2007, 08.15 PM IST