SAIL sets high targets for FY10

SAIL has set its production target of saleable steel to around 12 million tonnes during FY10.

Despite current economic slowdown,Steel Authority of India Limited (SAIL) has set its production target of saleable steel to around 12 million tonnes during the 2009-10 financial year.

The target,said to be higher despite the economic recession,was set up in a memorandum between the Ministry of Steel and SAIL Board Chairman on March 31,2009.

The memorandum mainly focusses on production of higher volume of value-added steel products of over three million tonnes during the year to meet the growing requirement of high-and user segment.

The PSU steel major also set up a competitive target of a sales turnover of over Rs 40,000 crores during 2009-10 fiscal,the sources said.

Congress releases second list for Bihar elections, fields 5 candidates

India11 hr ago

Congress released its second list of candidates for the Bihar Assembly elections, but the Mahagathbandhan is still working on a seat-sharing arrangement for the first phase of polling. The Jharkhand Mukti Morcha (JMM) will contest six seats on its own. The elections will be held in two phases on November 6 and 11, with results on November 14.

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