Financial Result For The Year 2016-17.
The Board of Directors at its meeting held on 30th May, 2017, inter-alia considered and approved the Audited Standalone & Consolidated Financial Results for the year ended 31st March, 2017 alongwith Segment information. FY Results 2016-17
The Board of Directors at its meeting held on 30th May, 2017, inter-alia considered and approved the Audited Standalone & Consolidated Financial Results for the year ended 31st March, 2017 alongwith Segment information. SAIL's Salem unit sale hits a block
Land and employee union issues might put a spanner in the central government's decision Turbulent Waters for SAIL: An Opportunity to Sell Rails
Sarvvijayee,Partner with one of the Big Four strategic consulting firmhas over two decades of rich experience in consulting withmetal and infrastructure industries. Eyes on SAIL, thanks to ArcelorMittal deal
ArcelorMittal, the Luxembourg-based steel giant, has agreed to make concessions to Steel Authority of India Ltd on technology transfer to seal a delayed $897-million joint venture. The companies... NDA-II revives UPA-II's pet steel project in Amethi
After much back and forth, the Steel Authority of India, under directives from the Steel Ministry, is finally going to revive the Jagdishpur steel unit in Amethi, Uttar Pradesh.Addressing a press... Rs 5,000-cr SAIL-ArcelorMittal JV may be finalised this month: Govt
JV was inked in May 2015 to explore setting up of an auto-grade steel plant Differences ironed out, Rs 5,000 cr SAIL-ArcelorMittal JV may take off soon
--Drop the pointer table sent with this----Steel Authority of India (SAIL) is hoping to soon conclude a joint venture (JV) agreement with ArcelorMittal, the Luxembourg-headquartered multinational entity."A joint task force is working on it and I am hopeful it will be soon," said P K Singh, chairman of the government-owned entity.In 2015, SAIL had signed a memorandum with ArcelorMittal for setting up an automotive steel manufacturing facility, as a JV in in India. The investment indication was about Rs 5,000 crore.The feasibility study was supposed to take around two years. Some commercial terms, especially the revenue share formula, is said to have kept the project from taking off. Singh seemed confident that the differences would be sorted. SAIL had also signed a pact with Kobe Steel in 2012 for an iron nugget making plant but that has been a non-starter. Asked about that, Singh said, "It was in a preliminary stage. We are just now concluding our expansion, a huge investment. It is .. Closure of Trading Window
It is informed that the meeting of the Board of Directors of SAIL will be held on 30th May, 2017 at New Delhi to interalia, consider, approve and take on record the Audited Financial Results of the Company(Standalone & Consolidated) for the financial year ended 31st March, 2017. It is further informed that the Trading Window of the company shall remain closed from 24th May, 2017 to 1st June, 2017(both days inclusive).