Voting on DHFL bids by committee of creditors ends today
The deaths of the four workers in the "suspected gas leakage" incident at the coal chemical unit of Odisha's Rourkela Steel Plant in Odisha was possibly due to exposure to a pocket of toxic gas
Investment bankers said more IPOs including that of Home First Finance Company, RailTel Corporation of India, Kalyan Jewellers India, Stove Kraft and Suryoday Small Finance Bank will be rolled out
The government's sale of its 5 per cent shareholding in India's largest steelmaker SAIL was over-subscribed 3.6 times on the first day of its opening
Stock market LIVE updates: The Nifty sectoral indices were mixed, with gains in Nifty Pharma and Nifty FMCG indexes, up 0.8% and 0.7%, respectively being offset by losses in Nifty Metal, down 1%
The government has decided to sell up to 206.5 million shares, or 5 per cent of total equity, of SAIL through OFS
The government will sell up to 10% stake in SAIL via OFS on January 14-15
Company says net debt down 15% from a peak of Rs 52,290 cr as on April 30, 2020, to Rs 44,308 cr on Dec 31, 2020
The mishap took place at a coal chemical department facility in the morning when 10 workers were on duty there
Rourkela Steel Plant, a unit of the state-run SAIL, said it has set records monthly hot metal production of 4,06,397 tonnes and crude steel output of 3,62,388 tonnes in December
In a company statement, Mondal said that the first target is to improve the financial performance of SAIL
Analysts at Edelweiss Broking expect SAIL's performance to improve further driven by realisation uptick, volume growth and iron ore sales providing an additional revenue stream
The turnaround of SAIL from several quarters of losses was one of the most challenging experience, said Anil Kumar Chaudhary, the outgoing Chairman of the country's largest steel maker
Shortage of iron ore, spike in input costs are the major impediments
Recovery has been sharp after the economy opened up, say industry leaders at a conclave
The top 13 iron and steel firms now have a combined m-cap of Rs 2.45 trillion, up from Rs 1.7 trillion at the beginning of October
The company registered the best ever saleable steel Q2 production of 3.752 MT in Q2FY21 surpassing the previous best of 3.658 MT achieved during Q2FY18
Nifty Metal has successfully conquered the 2,500 mark and is set to move towards 200-WMA, which stands at 2,969 levels.
Adani Gas stock is on the verge of a major breakout from a symmetrical triangle formation on the daily chart
They have also been hiking prices almost every month, the latest being in October by Rs 1,500-2,000 a tonne, depending on the product category