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Steel Authority of India Ltd (SAIL.NS)

SAIL.NS on National Stock Exchange of India

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Tue, Oct 9 2018

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Gas pipeline fire at SAIL's central Indian steel plant kills at least 9

NEW DELHI A fire on Tuesday in a natural gas pipeline at a smelting plant owned by Steel Authority of India Ltd (SAIL) in the central state of Chhattisgarh killed at least nine people, the company said.

Exclusive - India state steel firm SAIL declines dividend to government, says has no cash: internal document

NEW DELHI State-owned Steel Authority of India Ltd (SAIL) has declined a government call for a dividend for the last financial year, saying it did not have "any cash and bank balance" and that its debt-to-income ratio was much higher than agreed with some lenders, showed an internal document reviewed by Reuters.

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