SAIL's net loss widen to Rs534.92 crore in Q1
SAIL's total standalone income declined by 3% to Rs9,238.08 crore in April-June quarter this fiscal from Rs9,493.11 crore during the same quarter in 2015-1608-09-2016
08-09-2016
Announces Q1 results (Standalone)
Steel Authority of India Ltd has announced the following Unaudited Standalone results for the quarter ended June 30, 2016:The Company has posted a net loss of Rs. (5355.20) million for the quarter ended June 30, 2016 as compared to net loss of Rs. (2481.80) million for the quarter ended June 30, 2015. Total Income has decreased from Rs. 96999.80 million for the quarter ended June 30, 2015 to Rs. 93273.60 million for the quarter ended June 30, 2016.08-09-2016
SAIL's Rourkela unit to offer inputs for automotive JV with ArcelorMittal
JV to invest $1 billion in plant for making technologically advanced steel products31-08-2016
AGM on Sept 21, 2016
Steel Authority of India Ltd has informed BSE that the 44th Annual General Meeting (AGM) of the Company will be held on September 21, 2016.31-08-2016
Green panel clears SAIL's Rs 5,419-cr modernisation plans
SAIL has proposed modernisation of its Rourkela Steel Plant by setting up a new hot strip mill30-08-2016
Q1 results on Sept 08, 2016
Steel Authority of India Ltd has informed BSE that the meeting of the Board of Directors of the Company will be held onSeptember 08, 2016, inter alia, to consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2016 (Q1).Further, in view of the above meeting of the Board of Directors, the Trading Window of the Company shall remain closed from September 01, 2016 to September 10, 2016 (both days inclusive)....24-08-2016
Clarifies on news item
With reference to news flashed on CNBC TV 18 dated August 19, 2016 stating "Lenders in talks with sail to take over management control of Electrosteel", Steel Authority of India Ltd has submitted to BSE a copy of Clarification is enclosed.22-08-2016
Clarification sought from Steel Authority of India Ltd
The Exchange has sought clarification from Steel Authority of India Ltd on August 19, 2016, with reference to news flashed on CNBC TV 18 dated August 19, 2016 stating "Lenders in talks with sail to take over management control of Electrosteel"The reply is awaited.19-08-2016
SAIL staff to lose perks as part of cost-cutting
A few months ago the facility to provide furniture and furnishings to executives had been "deferred", which was seen as a step towards suspending the benefit.16-08-2016