Follow Us on Google News New Delhi, June 18 (IANS): Government-owned Maharatna company Steel Authority of India Limited (SAIL) has supplied the entire requirement of special steel for India’s first indigenously designed and built Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), ‘INS Arnala’, which was commissioned into the Indian Navy on Wednesday. This represents a major … Read more
Follow Us on Google News New Delhi, May 29 (IANS) Government-owned steel behemoth SAIL has recorded a standalone net profit of Rs 1,178 crore for the January-March quarter of 2024-25, which represents a 16.5 per cent increase over the corresponding figure of Rs 1,011 crore for the same quarter of the previous year. The company … Read more
Kolkata, Feb 20 (IANS) Mauritius Coast Guard Ship (MCGS) Barracuda will soon sail northward towards her place of birth in Kolkata for a major refit. Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a contract with the Government of Mauritius for this refit. The MCGS Barracuda is an Offshore Patrol Vessel (OPV) built by GRSE. … Read more
New Delhi, Feb 11 (IANS) A capital expenditure (Capex) of Rs 5,700 crore and Rs 7,500 crore has been approved for SAIL for financial years 2024-25 and 2025-26 respectively, Minister of State for Steel Bhupathiraju Srinivasa Varma informed the Lok Sabha on Tuesday. The Capex includes expenditure against milestone payments for completed schemes, progress payment … Read more