SAIL Current Affairs

Anil Kumar Chaudhary appointed as new Chairman of Steel Authority of India Ltd

The Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi has appointed Anil Kumar Chaudhary as new Chairman of Steel Authority of India Ltd. He will in office till his superannuation in December, 2020. He will succeed P K Singh, who had retired from the post in June 2018. Prior to this appointment, he was serving as Director (Finance) at SAIL.

Steel Authority of India Limited (SAIL)

SAIL is one of the largest state-owned steel in India and one of the top steel makers in world. It is India’s largest steel making company (annual production capacity of 14.38 million metric tons) and 24th largest steel producer in the world. It was founded in 1954 and incorporated in 1973. Its headquarters are in New Delhi. It operates and owns five integrated steel plants at Bhilai, Durgapur, Rourkela, Bokaro and Burnpur and 3 special steel plants at Salem, Durgapur and Bhadravathi.

Month: Categories: Persons in News 2018

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SAIL wins 2016 Golden Peacock Award for corporate governance

The Steel Authority of India Limited (SAIL) has won the prestigious 2016 Golden Peacock Award for Corporate Governance.

The award was received by Ashwini Kumar, CEO of Rourkela Steel Plant (RSP) on behalf of SAIL during the 16th London Global Convention on Corporate Governance and Sustainability in London, UK.

SAIL was bestowed with this award on account of its exemplary performance in the field of corporate governance i.e. for balancing the interests of all the stakeholders of the company management, customers, shareholders, suppliers, financiers, government and the community.

About Steel Authority of India Limited (SAIL)

  • SAIL is one of the largest state-owned steel in India and one of the top steel makers in world. SAIL is the 24th largest steel producer in the world.
  • It was founded in 1954 and incorporated in 1973. Its headquarters are in New Delhi.
  • It operates and owns 5 integrated steel plants at Bhilai, Durgapur, Rourkela, Bokaro and Burnpur and 3 special steel plants at Salem, Durgapur and Bhadravathi.

About Golden Peacock awards

Instituted by the Institute of Directors (IoD) in 1991. They are presented annually under various categories. The awards comprise to sets Global Awards and National Awards.

 

Month: Categories: Awards Current Affairs 2018Business & Economy Current Affairs 2018

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