RINL

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

India's crude steel output rose by about five percent to 10.34 million tonne (MT) in November 2022, said SteelMint India

The government is working out the transaction structure for the strategic sale of RINL or Vizag Steel, said Tuhin Kanta Pandey, DIPAM Secretary

Steel PSUs have freed up 37,722 square feet of space from the disposal of metallic and non-metallic scrap, paper, e-waste, etc.

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 CAG has said that RINL commenced its expansion programme for raising its capacity from 6.3 to 7.3 MTPA without obtaining environmental clearance

RINL-VSP organised a Brainstorming Meeting on “Technology Needs Assessment Energy Efficiency with focus on Steel and other industries” on Saturday

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