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Steel Authority sees 10 percent sales growth this year
The state-run Steel Authority of India Ltd (SAIL) is targeting an 8-10 percent sales growth this fiscal, company chairman S.K. Roongta said here Tuesday.
"We are confident of achieving 8-10 percent growth in sales over the period," Roongta told reporters on the sidelines of the World Economic Forum's India Economic Summit.
According to him, flat product prices would stabilize at prevailing prices after minor corrections.
"So far as long products are concerned, prices are quite low, (prices are) at what was prevailing one year back during the meltdown," he said.
Last updated on Nov 10th, 2009 at 16:20 pm IST--IANS
- Steel Authority cuts price again (Nov 16)
- Steel Authority planning 12-mn tonne plant in Jharkhand (Nov 17)
- Steel Authority, NMDC to develop limestone mine in Himachal (Nov 16)
- Government targeting 9 percent growth in two years (Nov 8)
- Farm sector growth will be below 4 percent: Ahluwalia (Nov 4)
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Is Delhi in Pakistan? Or does Kolkata float on the Bay of Bengal? Yes, if one goes by an advertisement splashed by the Eastern Railway in major dailies Saturday.
West Bengal received Rs.7,000 crore of investment in 2009, Chief Minister Buddhadeb Bhattacharjee said here Saturday.
State-run overseas oil and gas exploration company ONGC Videsh Ltd (OVL) wants to bid jointly with Russian companies for hydro-carbon projects in that country, a top government official said Saturday.
In a "significant movement forward" after a five-year hiatus, India and Bangladesh have agreed to expeditiously finalise an agreement on sharing waters of the Teesta river.
The Indian government will soon invite bids for exploration of oil and gas blocks under the ninth round of the New Exploration Licensing Policy (NELP-IX), Petroelum and Natural Gas Secretary S. Sundareshan said here Saturday.
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