LIVE MARKET TRACKER :   BSE SENSEX   31695.69      |    NSE NIFTY 9882.75    
GLOBAL MARKETS :  NASDAQ 6426.922   +0.066%    |    FSI London 7310.64   +0.64%    |    NIKKEI Japan 20382.50   +0.42%
  USD GBP EUR CAD AUD INR
USD - 0.7391 0.8381 1.2331 1.2568 64.7940
GBP 1.3530 - 1.1338 1.6684 1.7003 87.6070
EUR 1.1935 0.8821 - 1.4717 1.4998 77.2980
CAD 0.8112 0.6000 0.6798 - 1.0198 52.5390
AUD 0.7958 0.5883 0.6670 0.9813 - 51.5320
INR 0.0154 0.0114 0.0130 0.0191 0.0195 -
Indian-Commodity  :  Top News  :  SAIL aims to increase top-line by 20% in FY17

SAIL aims to increase top-line by 20% in FY17 (22-Sep-2016)

Steel Authority of India (SAIL) is aiming to increase its top-line by 20% to 14.52 million tonnes (MT) this fiscal from 12.1 MT a year-ago. The company is also targeting to increase production by 20% to 17.16 MT in FY17 from 14.3 MT in FY16.

Ramp-up of production from the new units is not only increasing production quantum and leading to better quality of products, but has also helped SAIL in reducing cost of production.

Higher production from the new units and rationalising production from cost intensive routes has resulted in reduction in variable cost of production by 10 per cent in January-March of 2015-16 compared to the first quarter of 2015-16 and the same trend continues.

SAIL is India's largest steel producing company. The company is among the five Maharatnas of the country's Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.


Top News Today
Zydus Cadila, Oberoi Realty and Artefact Projects to see some action today
(25-Sep-2017)

Zydus Cadila, Oberoi Realty and Artefact Projects to see some action todayZydus Cadila has received the final approval from the USFDA to market Amlodipine and Olmesartan Medoxomil Tablets in strengths of 5 mg/20 mg, 5 mg/40 mg 10 mg/20 mg, and 10 mg/40 mg. The drug is indicated......click on news to read complete article.

REC gets nod to raise Rs 65,000 crore via bonds
(23-Sep-2017)

REC gets nod to raise Rs 65,000 crore via bondsRural Electrification Corporation (REC) has received shareholders' approval to raise up to Rs 65,000 crore via bonds over the next one year. The special resolution was passed at the company's annual general......click on news to read complete article.

BNP Paribas Arbitrage sells 1.40 lakh shares of Matrimony.com
(23-Sep-2017)

BNP Paribas Arbitrage sells 1.40 lakh shares of Matrimony.comBNP Paribas Arbitrage has sold 1.40 lakh shares of Matrimony.com. The fund house has offloaded the same at Rs 817.73 on the NSE on September 22, 2017.Recently, BNP Paribas Arbitrage has offloaded 1,34,102......click on news to read complete article.

International Stock News
US markets end flat on geopolitical concerns
(23-Sep-2017)

US markets end flat on geopolitical concernsThe US markets ended the lackluster session near their neutral lines on Friday on geopolitical concerns amid an escalating war of words between North Korean leader Kim Jong Un and President Donald Trump.......click on news to read complete article.

Asian markets trade lower on heightened geopolitical tensions
(22-Sep-2017)

Asian markets trade lower on heightened geopolitical tensionsThe Asian markets are showing a weak trend on Friday, on renewed geopolitical worries after a report that North Korea could respond to fresh sanctions with a hydrogen bomb in the Pacific. A news report......click on news to read complete article.

US markets closed lower; Dow snaps nine-day winning streak
(22-Sep-2017)

US markets closed lower; Dow snaps nine-day winning streakThe US markets closed lower on Thursday, with the Dow snapping a nine-day winning streak as investors found few reasons to chase equities a day after the Federal Reserve indicated it still intends to deliver......click on news to read complete article.

 

     
  
Recent Top News News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.