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PM Modi to inaugurate Rourkela Steel Plant's modernisation project

Last Updated: Wednesday, April 1, 2015, 09:51

Prime Minister Modi is also scheduled to visit the plate mill of RSP and hold discussions on various development works carried out by the plant authorities.

PM Modi may announce Rs 36K-cr expansion plan for SAIL's Rourkela plant

Last Updated: Sunday, March 29, 2015, 12:37

Prime Minister Narendra Modi is expected to announce a Rs 36,000-crore capacity expansion plan for SAIL's Rourkela steel plant when he inaugurates the modernised unit of the state-owned firm on April 1.

Posco seeks refund from Odisha rail line undertaking

Last Updated: Friday, March 27, 2015, 23:11

Lee also said six employees have "voluntarily" resigned and denied it was any sign of Posco pulling out from the project.

Govt has drawn list of PSUs for strategic sale: Jaitley

Last Updated: Wednesday, March 25, 2015, 21:29

Finance Minister Arun Jaitley today said the government has drawn a list of state-owned companies which will be put on block for strategic sale.

Govt allots 38 coal mines to central, state PSUs

Last Updated: Tuesday, March 24, 2015, 19:49

The government on Tuesday allotted 38 mines to central and state public sector units including power major NTPC, DVC and steel giant SAIL.

SAIL undertakes modernisation, expansion of 5 steel plants

Last Updated: Wednesday, March 18, 2015, 17:17

SAIL has undertaken modernisation and expansion at five of its steel plants to augment its crude steel production capacity to 21.4 MTPA.

SAIL Q3 Net up 9% at Rs 579 crore

Last Updated: Friday, February 13, 2015, 18:01

The company had clocked Rs 533 crore net profit in the corresponding quarter of last fiscal, it said in a statement.

Coal imports fall 20% in January, snap surging trend

Last Updated: Sunday, February 8, 2015, 13:21

The surging trend of coal imports in recent times snapped in January as shipments fell by 20 percent over the previous month due to lower demand from domestic steel makers, as per mjunction data.

Govt to allow PSUs with mining experience for exploration work

Last Updated: Monday, February 2, 2015, 18:48

The government is likely to allow state-run entities with experience in mining activity, such as NMDC, SAIL and MOIL, to carry out prospecting work on par with the likes of the Geological Survey of India.

Major disinvestments before March 31: Arun Jaitley

Last Updated: Friday, January 9, 2015, 22:20

The government will go for major disinvestment in the next two-and-a-half months and will strive to stick to the fiscal deficit target of 4.1 percent in the current year, Finance Minister Arun Jaitley said on Friday.

SAIL plans Rs 1,50,000 crore investment by 2030-31

Last Updated: Thursday, January 8, 2015, 12:07

SAIL, country's largest steel maker, has charted investment of Rs 1,50,000 crore till 2030-31 to ramp up steel production from 23 million tonnes to 50 million tonnes.

West Bengal gets Rs 93,600 cr investment pledge on first day of Summit

Last Updated: Wednesday, January 7, 2015, 18:51

Companies including state-run SAIL on Wednesday committed to invest over Rs 93,000 crore in West Bengal, while Chief Minister Mamata Banerjee said total commitments would exceed Rs one lakh crore during the ongoing two-day Global Business Summit.