News for 'Steel Authority of India'

Two-day all India strike from Monday may hit essential services

Two-day all India strike from Monday may hit essential services

Rediff.com27 Mar 2022

The strike notices were given by workers' unions of various sectors such as coal, steel, oil, telecom, postal, income tax, copper, banks and insurance.

Navy to get first indigenous anti-submarine warship on Saturday

Navy to get first indigenous anti-submarine warship on Saturday

Rediff.com11 Jul 2014

Ready to protect the waters, India's first indigenously-built anti-submarine warfare corvette INS Kamorta will be handed over to the Indian Navy on Saturday, defence officials said.

Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr

Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr

Rediff.com11 Feb 2021

The government has revised its divestment target downwards from Rs 2.1 trillion, as its ambitious privatisation programme has been deferred to next year.

Job situation bleak as hiring slumps by 45%

Job situation bleak as hiring slumps by 45%

Rediff.com30 Oct 2017

Wipro, Steel Authority of India, HDFC Bank, Mahanagar Telephone Nigam, Bharat Heavy Electricals and Reliance Commnications among companies reporting a decline in headcount in FY17.

Vikrant: A Giant Leap For Indian Navy

Vikrant: A Giant Leap For Indian Navy

Rediff.com2 Sep 2022

The Indian Navy has a big role to play in support of our strategic objectives in the Indian Ocean. The increasing Chinese presence in the Indian Ocean is a matter of concern and need to be factored. Hence, the requirement of an Aircraft Carrier is a foregone conclusion, asserts Commodore Venugopal Menon (retd).

Be warned: Industrial gas leaks pose a major threat in India

Be warned: Industrial gas leaks pose a major threat in India

Rediff.com18 Jul 2014

By the end of 2020, India will lay 32,737 km across the length and breadth of the country. It needs to lay down and comply with strict safety standards especially since some of these pipes will go through areas of dense habitation, says Rashme Sehgal.

Manufacturing cos look to kickstart ops post-lockdown

Manufacturing cos look to kickstart ops post-lockdown

Rediff.com8 Apr 2020

According to sources, government officials have asked industry bodies and manufacturers to submit key concerns and requirements to begin manufacturing activity.

How foreign portfolio investors view the 'India story'

How foreign portfolio investors view the 'India story'

Rediff.com5 Jul 2021

IT, FMCG and manufacturing sectors are less attractive to foreign portfolio investors

Capex on new projects declines further in Q2

Capex on new projects declines further in Q2

Rediff.com11 Oct 2022

Expenditure on new projects slowed down for the second quarter in a row amid an uncertain global environment and higher borrowing costs. There were new projects worth a cumulative Rs 3.26 trillion in the July-September period, according to data provided by project tracker Centre for Monitoring Indian Economy (CMIE). This figure is much less than Rs 4.39 trillion in the June quarter (Q1FY23) and Rs 8.46 trillion in the March quarter (Q4FY22).

How Adani Saga Affects Indian Banks

How Adani Saga Affects Indian Banks

Rediff.com27 Feb 2023

While the collapse of a large financial intermediary can wreak havoc on the system because of the interconnectivity, a large business conglomerate too can play spoilsport if the banks have too much exposure to the entity, explains Tamal Bandyopadhyay.

Noida twin towers demolished, Supertech brought down to earth

Noida twin towers demolished, Supertech brought down to earth

Rediff.com28 Aug 2022

The Supertech twin towers in Noida were demolished on Sunday, a year after the Supreme Court's direction to raze the illegally built structures to the ground. The nearly 100-metre-high structures - taller than Delhi's iconic Qutub Minar (73 metres) - were brought to the ground in seconds literally like a house of cards by the 'waterfall implosion' technique, in a breathtaking spectacle of modern day engineering. They were the tallest structures to be demolished in India.

China digging in for long haul in Ladakh

China digging in for long haul in Ladakh

Rediff.com12 Feb 2022

The Chinese authorities have been rapidly building defence infrastructure along the Line of Actual Control, indicating that they are preparing for a long period of tension with India, points out Jayadeva Ranade, the former senior RA&W officer and China expert.

The 2 BIG challenges facing India Inc

The 2 BIG challenges facing India Inc

Rediff.com16 Jul 2020

As Covid-19 cases surge in India, companies have realised it's a tightrope walk between maintaining production and ensuring employee safety.

Rao-Manmohan reforms are outdated

Rao-Manmohan reforms are outdated

Rediff.com12 Dec 2019

'Those who are talking of adopting the Narasimha Rao-Manmohan Singh policy must understand now that what was a reform then is no longer a reform now,' argues Sukumar Mukhopadhyay who was associated with the 1991 economic reforms.

Oxygen Crisis: Will this PSU Help?

Oxygen Crisis: Will this PSU Help?

Rediff.com30 Apr 2021

The NINL management can see this as their moment of giving back to the nation and humanity. Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day. 418 tonnes is about 58% of Delhi's daily demand for oxygen, notes Sudhir Bisht.

Budget 2021: Govt stares at revenue shortfall of Rs 7 trillion this fiscal

Budget 2021: Govt stares at revenue shortfall of Rs 7 trillion this fiscal

Rediff.com29 Jan 2021

Revenue from divestment has fetched Rs 40,000-50,000 crore against target of Rs 2.10 trillion.

Sensex gains 231 points, Nifty ends above 9,350

Sensex gains 231 points, Nifty ends above 9,350

Rediff.com4 May 2017

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices gained 0.5% and 0.4%, respectively.

2021 could be the year of mid-and small-caps, say analysts

2021 could be the year of mid-and small-caps, say analysts

Rediff.com10 Dec 2020

Analysts attribute the surge to a host of factors, particularly the interest shown by the retail investors in these two market segments.

PSUs became the biggest laggards on Indian bourses

PSUs became the biggest laggards on Indian bourses

Rediff.com4 Feb 2021

Market cap of government companies has remained unchanged in the past 8 years.

Govt to skill 40.2 crore people by 2022

Govt to skill 40.2 crore people by 2022

Rediff.com10 Jul 2015

The Prime Minister will formally launch the Rashtriya Kaushal Vikas Yojana and the National Skills Mission on July 15

Govt to allot coal mines to PSUs today

Govt to allot coal mines to PSUs today

Rediff.com24 Mar 2015

The government has garnered Rs 2 lakh crore by auctioning 33 blocks.

IIT-Delhi prof-led panel to probe Ramban tunnel collapse

IIT-Delhi prof-led panel to probe Ramban tunnel collapse

Rediff.com22 May 2022

NHAI has already initiated process to handle such emergency situation and also taking all possible measures to avoid such incidents in future, an official statement said on Sunday.

Kurmi stir for ST status hits train services in Bengal, J'khand, Odisha

Kurmi stir for ST status hits train services in Bengal, J'khand, Odisha

Rediff.com20 Sep 2022

Agitators squatted on railway tracks at various places, leading to cancellation, short-termination and diversion of several trains.

Here's how the Budget affects some key sectors

Here's how the Budget affects some key sectors

Rediff.com2 Feb 2021

From real estate to metals, what Sitharaman's Budget has in store.

Sensex drops 371 points to end at 1-week low; financial shares drag

Sensex drops 371 points to end at 1-week low; financial shares drag

Rediff.com28 Mar 2016

The S&P BSE Sensex ended down 371 points at 24,966 and the Nifty50 closed 101 points lower at 7,615.

9 applications for 36 coal blocks from PSUs like NTPC, SAIL

9 applications for 36 coal blocks from PSUs like NTPC, SAIL

Rediff.com9 Feb 2015

The Coal Ministry on Monday received a total 69 applications from various PSUs

BNP Paribas sees Sensex at 50,500 in 2021; remains overweight on India

BNP Paribas sees Sensex at 50,500 in 2021; remains overweight on India

Rediff.com15 Dec 2020

In terms of stock selection, India continues to benefit from two phenomena - the big getting bigger and availability of quality stocks in relative abundance compared with its Asian peers.

Freight hike blow for India Inc

Freight hike blow for India Inc

Rediff.com26 Nov 2004

Sensex, Nifty edge down on profit-booking in banking, metal stocks

Sensex, Nifty edge down on profit-booking in banking, metal stocks

Rediff.com29 Dec 2021

Benchmark indices Sensex and Nifty retreated from over one-week highs to close lower on Wednesday due to profit booking in banking, IT and metal stocks amid weak global trends. After a two-day rally, the 30-share BSE Sensex dropped by 90.99 points or 0.16 per cent to settle at 57,806.49 in volatile trade. As many as 19 of its constituents declined while 11 advanced. The broader Nifty slipped by 19.65 points or 0.11 per cent to close at 17,213.60 with 31 of its stocks ending in the red.

India's biggest-ever disinvestment drive gets going

India's biggest-ever disinvestment drive gets going

Rediff.com28 Oct 2016

The government has managed Rs 21,000 crore through stake sales and buybacks in the first six months, the highest-ever first half divestment revenue for any year by a good margin, raising expectations for the rest of FY17.

Markets end flat; SBI gains over 2% as banking stocks rally

Markets end flat; SBI gains over 2% as banking stocks rally

Rediff.com9 Dec 2016

Nifty saw the biggest weekly gain since the first week of September and comfortably maintained its crucial 8250 levels in today's session

Will HPCL, too, get the coveted Maharatna status?

Will HPCL, too, get the coveted Maharatna status?

Rediff.com11 Mar 2019

If cleared, the ONGC arm will become the first subsidiary company of an existing Maharatna to get into this superior league among government-owned entities.

With comfortable coal stocks, no power crisis this festive season

With comfortable coal stocks, no power crisis this festive season

Rediff.com25 Sep 2022

India is unlikely to see a repeat of the 2021 energy crisis this festive season as coal-fired power stations across the country have comfortable levels of the fuel stock to meet electricity demand of the world's fastest expanding major economy.

Markets are in the bubble zone

Markets are in the bubble zone

Rediff.com12 Sep 2017

'The mismatch between valuations and fundamentals is startling,' warns Devangshu Datta

Markets end in the green led by index heavyweights

Markets end in the green led by index heavyweights

Rediff.com9 Mar 2016

Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.

Backroom efforts on to resolve India-US trade tiff

Backroom efforts on to resolve India-US trade tiff

Rediff.com24 Mar 2019

Keen to salvage its engagement with Washington DC that has gone southbound ever since the Trump administration came in, India has called for a final set of meetings with US trade officials, soon, reports Subhayan Chakraborty.

Bihar hardens stand on non-serious investors

Bihar hardens stand on non-serious investors

Rediff.com25 Jun 2013

Some of these proposals came from big names of India Inc., such as Birla Cement, Steel Authority of India Ltd. and Jas Infrastructure and Power Ltd.

Railways on fast track to increase train speed: Prabhu

Railways on fast track to increase train speed: Prabhu

Rediff.com10 Jun 2016

The railways is collaborating with various companies from Germany, South Korea, Japan and China to work out the fine prints.

Cyrus Mistry: The Wise Young Owl

Cyrus Mistry: The Wise Young Owl

Rediff.com9 Sep 2022

'Cyrus was always very different. He would think before acting.'

Sensex ends almost flat, Nifty falls below 11,400

Sensex ends almost flat, Nifty falls below 11,400

Rediff.com7 Aug 2018

Investors booked profits in range-bound trade, led by PSU, oil & gas, energy, infrastructure, telecom, realty, healthcare, bankex, FMCG, capital goods and power counters.