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Indian government lists six state-owned steelmakers for sale
Fri, 23 Jul 2021 00:00:00 GMT
The Indian government has listed six state-run steel plants, including Rashtriya Ispat Nigam Limited (RINL), for sale, according to the finance ministry. The ministry confirms that no state steel plant has been sold during the last five years. Thedisinvestment of central public sector enterprises (CPSEs), including steel plants, was guided by the new public

Mega steel giant formed with mergers can take on China
Mon, 15 Mar 2021 00:00:00 GMT
Before taking the final step to go ahead with the 100% strategic sale of the Visakhapatnam Steel Plant (VSP), the Union government and the authorities concerned should give a thought for its revival, said former Joint Director of CBI V.V. Lakshminarayana. Addressing a press conference with former Chairman and Managing Director of VSP Siva Sagar Rao, he said that a letter with various revival proposals will be sent to Prime Minister Narendra Modi. Speaking about the alternatives or revival

State owned RINL expects Rs 1,000 crore from sale of 22-acre ...
Sun, 07 Mar 2021 00:00:00 GMT
On Thursday, state-run construction company NBCC had announced signing an MoU with Rashtriya Ispat Nigam Ltd (RINL) for redevelopment and monetisation of its 22.19 acres of land in

Visakhapatnam steel plant: a roller-coaster ride
Wed, 17 Feb 2021 00:00:00 GMT
After seeing many highs and lows in its three decades of existence so far, Visakhapatnam Steel Plant is once again at a crossroads with the Centre proposing a 100% strategic sale. A look at what ails the only shore-based plant in the country hailed as the pride of the State and possible remedies The slogan for the agitation for the Visakhapatnam Steel Plant in 1960s and 70s, Visakha Ukku Andhrula Hakku epitomises the struggle and sacrifice by the people of then united Andhra Pradesh,

RINL privatisation: Jagan Mohan Reddy writes to PM Modi to reconsider ...
Sun, 07 Feb 2021 00:00:00 GMT
Amid growing outcry against the Centres move to privatise Rashtriya Ispat Nigam Limited (RINL) which has a steel plant in Visakhapatnam, Chief Minister YS Jagan Mohan Reddy has written to Prime Minister Narendra Modi to reconsider the

Trade unions, political parties oppose RINL privatisation
Fri, 05 Feb 2021 00:00:00 GMT
The Union Cabinet had cleared the privatisation of Rashtriya Ispat Nigam Ltd (RINL), DIPAM (Department of Investment & Public Asset Management) Secretary Tuhin Kanta Pandey tweeted on February

Number of RINL news reports: 6
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