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Latest Articles in sail

Short Of Track, Railways Eyes Private Suppliers In Blow To Sail

Indian Railways is considering ending state-owned Steel Authority of India Ltd's virtual monopoly on supplying steel for standard rail tracks, opening up annual purchases worth up to $700 million to the private sector

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SAIL, BSNL Air India Worst Performing PSUs In FY16

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.

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Steel Minister Birender Singh Says He Hopes Sail, ArcelorMittal Resolve JV Issues By May

Union Steel Minister Chaudhary Birender Singh said he hoped state-owned Steel Authority of India Ltd and ArcelorMittal SA would resolve differences over building an $897 million automotive steel plant before the deadline in May to close the deal

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ArcelorMittal, Sail India Joint Venture Talks At An Impasse

A proposed joint venture between state-owned Steel Authority of India Ltd and ArcelorMittal SA to build an $897 million automotive steel plant in India has hit an impasse, with the two disagreeing on key terms

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BW Real 500: Troubled Times

The public sector steel giant Steel authority of india (SAIL) faces multiple challenges as profitability remains elusive

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SAIL In Talks With Japan's Nippon Steel, Kobe For Tie-ups

Steel Authority of India Ltd is in talks with Japan's Nippon Steel & Sumitomo Metal Corp and Kobe Steel Ltd for potential technical agreements to help the firm expand its global footprint

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Government To Review Status Of 72 Coal Mines

The government over the next few days will examine the status of 72 coal blocks allocated either through allotment or auction route to companies like NTPC, JSW Steel, Hindalco and SAIL

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State-Owned Firms Resist Pressure To Help Banks With Bad Debt

Steel Authority of India Ltd, the country's biggest steel producer, initially turned down the government proposal, saying its own finances were not up to buying troubled assets from others

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ArcelorMittal JV To Start Production In Two Years

SAIL and ArcelorMittal signed a preliminary agreement in May last year to expand in what is one of the world's fastest growing steel markets and a major car exporter

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Steel To Get Its Lustre Back From Thrust On Infrastructure, Says Birendra Singh

Union steel minister Birender Singh pins hopes on the Modi government’s thrust on infrastructure building and the Make in India initiative for a turnaround in the floundering market for steel

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Government Prods Steelmakers To Use Local Coal To Cut $4 Billion Import Bill

India is in talks with companies in Poland and Australia for technical help in upgrading its coking coal quality

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Railways Sign Rs 2,500 Crore Agreement For Stainless Steel Freight Wagons

Indian Railways on Tuesday (24 November) signed an initial pact with rolling stock manufacturer SAIL-RITES Bengal Wagon Industry Ltd (SRBWI) for procurement of high-class stainless steel freight wagons at a cost of Rs 2,500 crore over 10 years.

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