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SAIL to invest Rs 100 cr to revive Malvika Steel

State-owned SAIL on Monday said it will invest Rs 100 crore (Rs 1 billion) to revive its Uttar Pradesh unit, formerly known as Malvika Steel, which the steelmaker acquired last year. "The total......

Daewoo, Malvika Steel top defaulters

Top ten defaulters, including Daewoo Motors and Malvika Steel Ltd, owe scheduled commercial banks Rs 3908.96 crore (Rs 39.09 billion), Finance Minister P Chidambaram said in New Delhi."As on March......

Malvika not viable for SAIL, says Mecon

Public sector engineering consultants Mecon Ltd has advised Steel Authority of India against acquiring the entire assets of the Amethi-based Malvika Steel.Sources said Mecon had found only the......

Revealed! 'RBI list of top 10 defaulters'

Newslaundry claims access to RBI’s Rs 5-lakh crore (Rs 5-trillion) secret list At a time when the Supreme Court flagged faults in rules on bad loans and recoveries in India, media......

9 steel firms may be bailed out

The government has stepped in to bail out nine steel projects, including Mesco's Mid East Steel. The steel ministry has forwarded the proposals to the lenders.The projects, which are at the......

Can India's shuttlers smash records and grab gold?

IMAGE: Satwiksairaj Rankireddy and Chirag Shetty showed nerves of steel. Photograph: Olympic Khel/Twitter Given their unprecedented success in recent past, expectations are high from Indian......

Rediff News

Malvika Steel

News for Malvika Steel

SAIL to invest Rs 100 cr to revive Malvika Steel

Daewoo, Malvika Steel top defaulters

Malvika not viable for SAIL, says Mecon

Revealed! 'RBI list of top 10 defaulters'

9 steel firms may be bailed out

Can India's shuttlers smash records and grab gold?

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