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RINL's IPO not linked to raising resources

Last Updated: Sunday, June 14, 2015, 22:59

The Rashtriya Ispat Nigam Ltd (RINL) proposal for an IPO is not linked to raising resources for its corporate requirements, its CMD said Sunday.

RINL sets sights on 4.1 million tonnes steel output this fiscal

Last Updated: Saturday, June 13, 2015, 21:58

State-owned steel maker Rashtriya Ispat Nigam (RINL) on Saturday said it's aiming to produce 4.1 million tonne of saleable steel for the current fiscal.

Monnet Ispat's net loss widens to Rs 492 cr in Jan-Mar

Last Updated: Saturday, May 30, 2015, 21:46

Monnet Ispat & Energy on Saturday said its standalone net loss has widened to Rs 492.32 crore for the quarter ended March 31, 2015.

Coal scam: Court frames additional charge of cheating on JIPL

Last Updated: Thursday, May 14, 2015, 19:10

A special court Thursday framed a "separate charge" for the alleged offence of cheating against accused firm Jharkhand Ispat Pvt Ltd (JIPL) in a coal blocks allocation scam case.

Parl Panel asks govt to allot captive iron ore blocks to RINL

Last Updated: Wednesday, May 6, 2015, 21:14

A Parliamentary panel "strongly" reiterated its recommendation to the government to allot iron ore blocks to state-run steel major RINL to help it achieve the planned capacity addition of 20 million tonne (MT).

RINL, APMDC inks deal on magnetite iron ore extraction

Last Updated: Saturday, May 2, 2015, 17:07

The mineral extracted will be processed by APMDC and will be consumed by RINL for its steel making, a press release issued by the state government said.

RINL, APMDC inks deal on magnetite iron ore extraction

Last Updated: Saturday, May 2, 2015, 16:01

State-owned Rashtriya Ispat Nigam Ltd (RINL) and Andhra Pradesh Mineral Development Corporation (APMDC) have entered into a pact to explore and extract Magnetite iron ore in West Godavari district.

Coal scam: Court warns JIPL director, cancels NBW against him

Last Updated: Wednesday, April 29, 2015, 19:35

A special court Wednesday cancelled a non-bailable warrant issued against Director of Jharkhand Ispat Pvt Ltd R C Rungta, who is an accused in a coal block allocation case, after he appeared before it.

RINL sets Rs 18,000 crore turnover target for FY'16

Last Updated: Thursday, April 2, 2015, 19:31

Rashtriya Ispat Nigam Ltd (RINL) aims to achieve a turnover of Rs 18,000 crore in the current financial year.

Coal scam: Court directs CBI to deposit original case files

Last Updated: Wednesday, April 1, 2015, 20:29

A special court on Wednesday directed the CBI to deposit the original case files of a coal blocks allocation scam case involving Jharkhand Ispat Pvt Ltd (JIPL) and its two directors.

CBI registers case against BS Ispat in a coal scam case

Last Updated: Wednesday, April 1, 2015, 20:18

A fresh case in the coal scam has been registered by CBI against Nagpur-based B S Ispat for alleged misrepresentation of facts while applying for a coal block in Wardha in Maharashtra, allocated to the company during the NDA government in 2001.

Mesco Steel acquires Maithan Ispat in Rs 1,160-crore deal

Last Updated: Wednesday, April 1, 2015, 17:52

Mesco Steel on Wednesday said it has acquired Odisha-based Maithan Ispat for Rs 1,160 crore in a mix of debt and equity deal.