Steel Authority of India Ltd (SAIL.NS)
14 Dec 2018
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.
NEW DELHI, July 31 India has requested Japanese and South Korean steel makers to step up their investments by building new plants in the south Asian country to produce high-grade automotive steel, a senior civil servant told Reuters.
NEW DELHI, July 30 India is set to award its first global rail supplies tender to local firms, shunning major foreign bids, as part of its efforts to develop domestic manufacturing, two sources with direct knowledge of the matter said.