Is RINL a loss?
RINL’s net loss shrinks to Rs 789 cr in FY21 from Rs 3,910 cr in previous year. Rashtriya Ispat Nigam Limited, the corporate entity of Vizag Steel, on Friday said its net loss for the financial year 2020-21 reduced to Rs 789 crore as against Rs 3,910 crore a year ago.
Is RINL going to be privatized?
It was on January 27 last year that the Cabinet Committee on Economic Affairs (CCEA) gave an in-principle approval for 100 per cent strategic disinvestment of government of India shareholding in the RINL along with management control by way of privatisation.
Is RINL a government company?
Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), is a Navratna Company under the Ministry of Steel, Govt. of India.
Is Vizag and RINL same?
Rashtriya Ispat Nigam Limited, (abbreviated as RINL), also known as Vizag Steel, is a government owned steel producer based in Visakhapatnam, India. It is under the ownership of Ministry of Steel , Government of India .
Is RINL profitable?
Visakhapatnam: RINL-Visakhapatnam steel plant has achieved profit before tax (PBT) of Rs. 835 crore with a scintillating turnaround performance during 2021-22, according to its Chairman and Managing Director Atul Bhatt.
Who is going to buy RINL?
Gujarat-based AMNS India has expressed interest in making a bid for state-owned steelmaker Rashtriya Ispat Nigam Limited (RINL), days after domestic steel giant Tata Steel was reported to be planning to acquire it.
Who will buy RINL?
Tata Steel interested in acquiring Vizag-based RINL: CEO T V Narendran. New Delhi: Domestic steel giant Tata Steel is interested in acquiring state-owned Rashtriya Ispat Nigam Limited (RINL), the company’s Chief Executive Officer (CEO) and Managing Director T V Narendran said.
How do I become a RINL dealer?
The applicant to RINL-RDS is required to submit an affidavit that he/she is financially sound to take up the Rural Dealership. 23. The Sr Branch Manager / Branch Manager shall issue a Certificate of Registration to the applicant selected as RINL-Rural Dealer.
Who will purchase RINL?
Tata Steel
Tata’s acquisition of Vizag-based RINL Tata Steel CEO and MD TV Narendran recently said that his company is interested in acquiring RINL, as the plant is strategically located on the eastern coast, and its acquisition will give it more access to the South East Asian markets, where the company already has a presence.
Is Rashtriya Ispat Nigam Limited listed?
Rashtriya Ispat Nigam Ltd. is not listed on NSE (View BSE)
Who bought Vizag Steel?
Tata’s acquisition of Vizag-based RINL Tata Steel CEO and MD TV Narendran recently said that his company is interested in acquiring RINL, as the plant is strategically located on the eastern coast, and its acquisition will give it more access to the South East Asian markets, where the company already has a presence.
How many vacancies are there in RINL recruitment 2020?
RINL Recruitment 2020, 189 Vacancies for MT (Management Trainee) and Radiologist Posts RINL Recruitment 2020 : Rashtriya Ispat Nigam Limited (RINL), Vizag Steel Plant has published the recruitment notification for the post of Management Trainee (MT) on regular basis and Radiologist on contractual basis.
When to apply for the RINL MT (Management Trainee and radiologist jobs posts 2020?
Eligible candidates can apply for the posts after 16 January 2020. How to Apply for the RINL MT (Management Trainee) and Radiologist Jobs Posts 2020 Interested and eligible candidates can apply for the posts from 16 January 2020. BEL Recruitment 2020 for 21 Trainee Engineer (Electronics/Mechanical/Computer Science/Civil) Posts
What is the National rental vacancy rate?
The national rental vacancy rate – the percentage of unoccupied units in a multi-family property – has slid in recent years. During some financial quarters, rental vacancies fell below 6%. 6.4% of rental units in the United States are vacant. The lowest rental vacancy rate of 2020 was 5.7% in the second financial quarter.
What is the full form of RINL?
Rashtriya Ispat Nigam Limited, (abbreviated as RINL) also known as Vizag Steel, is an Indian government-owned steel producer. Based in Visakhapatnam, The plans for a steel plant in Visakhapatnam were announced in 1971 by then Prime Minister of India, Indira Gandhi.
