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India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

SAIL chief Soma Mondal among World's Most Powerful Women in Forbe's 2023 list

Dec 07, 2023, at 09:37 am

New Delhi: Soma Mondal, the first female chair of the state-run Steel Authority of India (SAIL), has taken the 70th position in Forbes' 2023 list of the World's Most Powerful Women.

Steel minister Jyotiraditya Scindia to inaugurate silica reduction plant at SAIL-Bhilai Steel Plant’s Dalli Mines

Jun 23, 2023, at 01:50 pm

New Delhi: Steel minister Jyotiraditya Scindia will virtually inaugurate silica reduction plant at Steel Authority of India Ltd's (SAIL) Bhilai Steel Plant's Dalli Mines on Friday.

SAIL records best ever monthly production in January 2023

Feb 03, 2023, at 09:56 pm

New Delhi: The Steel Authority of India Limited (SAIL), a maharatna PSU under the Ministry of Steel, on Friday said it has recorded the best ever monthly production in January 2023.

South Indian Bank enters into MoU with Steel Authority of India Limited for financing dealers

Jan 18, 2023, at 10:34 pm

Kolkata: South Indian Bank and Steel Authority of India Limited have signed Memorandum of Understanding to provide financial assistance to the dealers of SAIL across the country.

SAIL's MC Agrawal appointed mjunction Chairman

Jan 29, 2022, at 05:41 am

Kolkata/IBNS: Mahesh Chand Agrawal, Executive Director for Sales & International Trade Division at SAIL, has been appointed Chairman of mjunction services limited, a B2B e-commerce marketplace.

SAIL chairman lauds performance, describes FY21 year of 'growth and scaling newer heights'

Sep 29, 2021, at 07:19 am

New Delhi/IBNS: SAIL Chairman Soma Mondal,Tuesday described the FY2021 as the year of ‘growth and scaling newer heights' as SAIL posted its highest ever EBITDA of Rs 13740 Crore which was higher by approximately 23% over CPLY.

Steel Minister inaugurates Ispat Nidan Kendra –Jumbo Covid Treatment Centre of SAIL, Rourkela Steel Plant

Jun 03, 2021, at 07:37 am

New Delhi / Rourkela/IBNS: Ispat Nidan Kendra – the newly developed state-of-the-art Jumbo COVID Treatment Centre of SAIL, Rourkela Steel Plant (RSP) was inaugurated by Steel Minister Dharmendra Pradhan through virtual mode on Wednesday.  

Soma Mondal becomes Chairman of SAIL

Jan 03, 2021, at 04:13 am

New Delhi/IBNS: Soma Mondal has taken over as Chairman of Steel Authority of India Limited (SAIL) with effect from Jan 1.    

Steel Minister emphasizes role of SAIL steel plants to drive development of eastern India

Dec 19, 2020, at 05:28 pm

New Delhi/IBNS:  Both IISCO and Durgapur steel plants of SAIL have an important role to play in the development of the eastern region as well as the nation, Minister for Petroleum & Natural Gas and Steel  Dharmendra Pradhan said on Friday.

SAIL surging ahead with steely resolve and commitment to Atmanirbhar Bharat: Chairman

Oct 23, 2020, at 06:22 am

New Delhi/IBNS: Addressing the shareholders of Steel Authority of India Ltd. (SAIL) on Company’s 48th Annual General Meeting held here on Thursday, Anil Kumar Chaudhary, Chairman, SAIL mentioned that COVID-19 Pandemic has impacted SAIL just as it has impacted every corporate across the country. 

SAIL supplies more than 9000 tonnes of steel for 'Atal tunnel'

Oct 03, 2020, at 04:49 am

New Delhi/IBNS: Steel Authority of India Limited (SAIL) has supplied the majority portion of steel in the construction of the Atal Rohtang Tunnel, which will be inaugurated by  Prime Minister Narendra Modi.

SAIL achieves highest ever August sales at 14.34 lakh tonnes

Sep 04, 2020, at 10:06 pm

New Delhi/UNI:  Steel Authority of India Limited (SAIL), a PSU under Ministry of Steel, posted its best ever August sales performance during August 2020 at 14.34 Lakh Tonnes.

SAIL achieves highest ever July sales

Aug 05, 2020, at 02:42 am

New Delhi/IBNS: Steel Authority of India Limited (SAIL), the largest steel-making company in the country, attained a sales volume of 15.83 lakh tonnes in July’20 which is its best-ever performance in the month of July and impressive growth of about 50% over July’19 sales which were 10.59 lakh tonnes.

SAIL partners with Apollo Hospital for knowledge sharing, services

Jun 10, 2020, at 03:36 pm

New Delhi/IBNS: Steel Authority of India Limited (SAIL) has partnered with one of the renowned healthcare providers namely Apollo Hospital, in Delhi, for establishing a knowledge sharing platform for the Company, in a step towards better handling of the corona  pandemic , at its Company HQ & Unit Hospitals spread across the country.

mjunction plays key role in procurement of essentials for diverse needs, from medical to food to merchandise

May 06, 2020, at 07:26 pm

Kolkata/IBNS: A B2B e-commerce company, mjunction Services Limited, a joint venture of Tata Steel and SAIL, is offering its services as a procurement domain expert, aiding procurement of essential goods and services necessary by various companies at this time of crisis.

SAIL emerges as largest miner for steel making input minerals in FY 2019-20

May 01, 2020, at 07:57 pm

New Delhi/UNI: Public sector steel major Steel Authority of India (SAIL) has emerged as the largest miner for steel making input minerals in FY 2019-20.While Coal India Limited is the overall largest miner in the country, SAIL is involved in mining of iron ore, fluxes (limestone and dolomite), coking coal and non-coking coal for its internal requirements and has become next to Coal India Limited in mining in India in 2019-20.Iron ore, fluxes and coal are essentially required for making steel in integrated steel plants.

SAIL launches 'Ispaati Ilakon ka Vikas: SAIL ke Sath' scheme for MSME sector

Feb 07, 2020, at 11:59 pm

New Delhi/IBNS: Steel Authority of India Limited(SAIL) has kick-started its participation in the Centre's flagship programme, "Purvodaya-Mission", through a special incentive scheme to boost industrial eco-system around its five integrated steel plants at Bhilai, Rourkela, Bokaro, Durgapur and Burnpur.

First Coil rolled out from new Hot Strip Mill of SAIL-Rourkela Steel Plant

Feb 03, 2020, at 03:42 pm

New Delhi / Rourkela/IBNS: Steel Authority of India Limited’s (SAIL’s) Rourkela Steel Plant (RSP) on Monday said it has achieved a new feat by successfully rolling out the first coil from its newly installed world class Hot Strip Mill-2 (HSM-2), last week.

SAIL Chairman appreciates Union Budget

Feb 01, 2020, at 06:34 pm

New Delhi/IBNS: SAIL Chairman Anil Kumar Chaudhary appreciated the Union Budget and said it is promising and full of oppurtunities.

SAIL records a growth of 47 % in December sales

Jan 01, 2020, at 11:23 pm

New Delhi/IBNS: Public Sector steelmaker Steel Authority of India Limited (SAIL) welcomed the New Year – 2020 at a function held at the Company’s Headquarters in New Delhi on Wednesday.

SAIL records more than 36% jump in November’19 sales

Dec 04, 2019, at 08:48 pm

New Delhi/IBNS: Steel Authority of India Limited (SAIL) has recorded more than 36% jump in sales during the month of November 2019 on year on year basis.

SAIL clocks best ever Q2 hot metal and crude steel production in second quarter of FY20

Nov 15, 2019, at 10:02 am

New Delhi/IBNS: Steel Authority of India Limited (SAIL) declared the results for the Second Quarter of the current Financial Year (Q2 FY’20) on Friday.

Amit Sen assumes charge as SAIL’s Director Finance

Nov 06, 2019, at 03:10 pm

New Delhi/IBNS: Chartered Accountant Amit Sen took charge as Director (Finance) of Steel Authority of India Limited (SAIL) on Tuesday.

After three loss making years, SAIL records profit in 2018-19, expansion on cards

May 31, 2019, at 04:27 pm

New Delhi, May 31 (UNI) After three consecutive years of losses, Steel Authority of India Limited (SAIL) has bounced back into black with net profit after tax of Rs. 2178.92 core in financial year 2018-19 as against a net loss of Rs. 481 crore in 2017-18.

SAIL introduces pension scheme for SAIL ex-employees and employees

Apr 30, 2019, at 07:13 pm

New Delhi, Apr 30 (IBNS): In line with the guidelines issued by the Department of Public Enterprises (DPE), Government of India and with the approval of the Ministry of Steel, Steel Authority of India Ltd. (SAIL) has introduced its pension scheme for the benefit of its eligible ex-employees and employees.

SAIL posts net profit of Rs. 616 Crore in third quarter of FY19

Feb 07, 2019, at 08:10 pm

New Delhi, Feb 7 (IBNS): Declaring the results for the third quarter of this Financial Year (FY) 2018-19 for October–December 2018 quarter, Steel Authority of India Limited (SAIL) posted a profit (Profit After Tax) of Rs 616 Crore in Q3 FY’19, which stood at Rs 43 Croreduring the corresponding period last year.

SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19

Jan 07, 2019, at 07:27 pm

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works.

SAIL expected to supply 10 lakh tonnes of steel for railways track in 2018-19

Jan 07, 2019, at 07:16 pm

New Delhi, Jan 7 (IBNS): Steel Authority of India Limited (SAIL) expects to supply 10 lakh tonnes of steel in 2018-19 and 12 lakh in 2019-20 to the Indian Railways for doubling of rail lines, gauge conversion, new lines and track renewal works. 

HN Rai assumes charge as SAIL’s Director Technical

Aug 01, 2018, at 05:21 pm

New Delhi, Aug 1 (IBNS): Harinand Rai has on Wednesday assumed charge as the Director (Technical) of Steel Authority of India Ltd. (SAIL).

SAIL supplies 60,000 tonnes of steel material for 111-km-long Jiribam-Tupul-Imphal new broad gauge railway project

Jun 19, 2018, at 07:01 pm

New Delhi / Guwahati, June 19 (IBNS): Steel Authority of India Ltd (SAIL) on Tuesday said it has supplied around 60,000 tonnes of steel material for the 111-km-long Jiribam-Tupul-Imphal new broad gauge railway project.