Qualifiers of PLI scheme for specialty steel will soon sign agreements with the steel ministry to take their investment proposals forward, said an official
RINL has suffered losses in the current financial year due to high raw material cost and lower net sales realisation, among other reasons, said Kulaste
JSW Steel is aiming to expand its capacity to 50 million tonnes from the existing 27 million tonnes by 2030 and bid for PSUs like RINL and NMDC's steel plant
The government’s decision for disinvestment of RINL is in line with the new PSE Policy, said Minister of State (MoS) for Finance Dr Bhagwat Kishanrao Karad
Synopsis: Faced with difficulties in meeting the budgeted disinvestment targets for FY22, Finance Minister Nirmala Sitharaman has reduced the target of disinvestment receipts for FY23 to Rs 65,000 crore which is even less than the revised estimate of the receipts for the ongoing financial year at Rs 78,000 crore. The target for the FY22 was Rs 1.75 lakh crore earlier, so, clearly, it is a drastic reduction