SAIL revival hinges on cost tightening
While operating performance could improve, it may not be enough to help SAIL turn profitable16-02-2017
16-02-2017
SAIL shares tank 6% after Q3 earnings
Steel Authority of India's (Sail) shares fell 6% after it reported a net loss of Rs794.8 crore for the third quarter ended 31 December10-02-2017
Announces Q3 results (Standalone) & Limited Review Report (Standalone) for the Quarter ended December 31, 2016
Steel Authority of India Ltd has announced the following Un-audited Standalone results for the quarter ended December 31, 2016:The Company has posted a net loss of Rs. (7948.40) million for the quarter ended December 31, 2016 as compared to net loss of Rs. (14810.60) million for the quarter ended December 31, 2015. Total Income has increased from Rs. 101764.60 million for the quarter ended December 31, 2015 to Rs. 126884.70 million for the quarter ended December 31, 2016.09-02-2017
Change in Directorate
Steel Authority of India Ltd has informed BSE that Ministry of Steel Government of India vide its letter dated February 08, 2017 has appointed Shri Saraswati Prasad, Additional Secretary & Financial Adviser (AS&FA;), Ministry of Steel as Government Director on the Board of Directors of the Company in place of Smt. Bharathi S. Sihag, former Special Secretary & Financial Adviser, Ministry of Steel.09-02-2017
SAIL lines up Rs 4,000 cr capex for FY18
In 2015-16, the public sector undertaking had spent Rs 4,483 crore as capital expenditure08-02-2017
Appointment of Independent Directors
Steel Authority of India Ltd has informed BSE that the Board of Directors of the Company has approved the appointment of Shri Nilanjan Sanyal and Dr. Samar Singh as Independent Directors, on the Board of Directors of the Company on February 04, 2017.06-02-2017
Steel Sector Facing Tough Business Environment, Says SAIL
State-run Steel Authority of India Ltd (SAIL) on Sunday said it has identified five core areas, including optimisation of new assets utilisation, to turn ongoing challenges into opportunities.05-02-2017
ICVL to resume operations in Mozambique mine in a few months: SAIL
Work in the mine was suspended in 2015 following a crash in coking coal prices02-02-2017
Strategic sales of SAIL, NMDC units on cards
Officials said transaction advisers were being appointed for the sales, which were likely to materialise in 2017-1830-01-2017
Q3 results on Feb 09, 2017
Steel Authority of India Ltd has informed BSE that the meeting of the Board of Directors of SAIL will be held on February 09, 2017, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2016 (Q3).Further, in view of the above meeting of the Board of Directors, the Trading Window of the Company shall remain closed from February 02, 2017 to February 11, 2017 (both days inclusive)....27-01-2017