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Steel Authority of India Ltd (SAIL.NS)

SAIL.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Indian Steel Sector Needs Extra Investment Of 10 Trln Rupees Over 10 Yrs To Reach 300 Mln T Production-SAIL Chair
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Steel Authority of India Ltd ::CHAIR SAYS STEEL SECTOR NEEDS ADDITIONAL INVESTMENT OF 10 TRLN RUPEES OVER NEXT 10 YEARS TO REACH PRODUCTION OF 300 MILLION T.  Full Article

Steel Authority Of India Says 9 People Died After Fire In Gas Pipe Line
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Steel Authority of India Ltd ::THERE WAS A FIRE IN GAS PIPE LINE OF COKE OVEN BATTERY COMPLEX NO 11 DURING A SCHEDULED MAINTENANCE JOB ON TUESDAY.SAYS SOME PERSONS WORKING AT SITE SUSTAINED BURN INJURY.SAYS SO FAR, 9 PERSONS HAVE LOST THEIR LIVES AND 14 ARE UNDERGOING MEDICAL TREATMENT.SAYS FIRE HAS BEEN CONTROLLED.  Full Article

Steel Authority Of India Posts June-Qtr Net Profit Of 5.40 Bln Rupees
Friday, 3 Aug 2018 

Aug 3 (Reuters) - Steel Authority of India Ltd ::JUNE QUARTER NET PROFIT 5.40 BILLION RUPEES VERSUS LOSS OF 8.01 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER NET PROFIT WAS 7.46 BILLION RUPEES.JUNE QUARTER REVENUE FROM OPERATIONS 159.07 BILLION RUPEES VERSUS 129.83 BILLION RUPEES LAST YEAR.JUNE QUARTER EXCEPTIONAL ITEM 2.77 BILLION RUPEES.EXCEPTIONAL ITEM INCLUDES PROVISION OF INR 1.44 BILLION ON ODISHA GOVERNMENT CLAIMING ROYALTY AT SIZED ORE FOR IRON ORE FINES FROM AUG 1, 2009-AUG 23, 2012.  Full Article

NTPC-SAIL Power Co Ltd Appoints Praveen Bondriya As CEO
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - NTPC-SAIL POWER CO LTD::APPOINTS PRAVEEN BONDRIYA AS CEO.  Full Article

NTPC-SAIL Power Says Manash Sarkar Ceases To Hold Office Of CEO​
Tuesday, 26 Dec 2017 

Dec 26 (Reuters) - NTPC-SAIL POWER COMPANY LTD::NTPC-SAIL POWER COMPANY LTD SAYS MANASH SARKAR SHALL CEASE TO HOLD OFFICE OF CEO​.  Full Article

Steel Authority of India Sept-qtr loss narrows
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Steel Authority of India Ltd ::Sept quarter net loss 5.39 billion rupees versus loss of 7.32 billion rupees last year.Consensus forecast for Sept quarter net loss was 2.73 billion rupees.Sept quarter revenue from operations 136.17 billion rupees versus 125.78 billion rupees last year.  Full Article

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India's bankruptcy court clears ArcelorMittal's takeover of Essar Steel

India's bankruptcy court on Friday approved global steel giant ArcelorMittal SA's bid for debt-ridden Essar Steel, potentially ending months of court battles and opening the country's steel industry to outsiders.