New Delhi State-owned steelmaker SAIL on Thursday said it will expand its production capacity to 18 million tonne (mt) from existing 14 mt by the end of current financial year.

"Our Phase-I capacity expansion target is 24 mt. Of that, this year we will be starting two new blast furnaces, our total hot metal production capacity will go up to 18 MT by the end of the (financial) year," SAIL chairman CS Verma said.

Sudha milk tankers may be equipped with Global Positioning System (GPS) to keep tabs on their movement and prevent pilferage while on the move, something that Bihar State Co-operative Milk Producer

Two Sudha Dairy attendants were caught red-handed while mixing water to milk in the wee hours of Sunday, confirming fears of unsafe milk being sold in Jharkhand even as the state gears up to launch

New Delhi The Steel Ministry today said Posco and Severstal cannot have majority stakes in their proposed joint ventures with state-run SAIL and NMDC respectively, envisaging a total investment of Rs 36,000 crore.

"Talks are going on. There are problems in regards to the shareholding. But, we can't give them land, we can't give them all facilities, and still have the minority shareholdings in the ventures," Steel Minister Beni Prasad Verma said.

Enough stink has been raised about government schools that don’t have toilets or dirty ones at best.

New Delhi: The National Highways Authority of India has drawn CAG’s flak for the potential loss of Rs 874 crore on account of delays in completion of projects for connecting major ports through hig

A Hyderabad-based construction firm has been selected to build 2,000 quarters at Belgarhia for the rehabilitation of underground fire affected families, providing a much-needed impetus to the imple

Bermo (Bokaro), Aug.

However, Chairman of SAIL, NMDC positive about development

Differences on shareholding issue continue to come in the way of formation of two steel-making joint ventures--SAIL-Posco and NMDC-Severstal--involving over Rs 35,000 crore investment, as both the overseas firms are insisting on owning majority stakes in them. Though differences between the two domestic firms and the overseas entities over the issue has been on for quite some time now without signs of an early settlement, C S Verma, Chairman of both SAIL and NMDC, sees light at the end of the tunnel.

Not able to make progress in its proposed `50,000 crore steel project in Jharkhand, the world’s largest steelmaker, ArcelorMittal, has sought the Centre’s help in expediting grant of mining lease i

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