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SAIL signs MoU with MDI, Gurgaon for Executive Education Program

Newsmantra — Mon, 25 May 2026 05:55:29 +0000

Steel Authority of India Limited’s (SAIL) Management Training Institute (MTI) and Management Development Institute (MDI), Gurgaon signed a Memorandum of Understanding (MoU) at SAIL Corporate Office in New Delhi on 20th May, 2026, to collaborate on Executive Education Programmes for building future-ready leaders in SAIL.

This partnership will combine academic knowledge with real-world application through customized leadership programmes, strategy & innovation-driven learning interventions, action learning for measurable business impact, overseas learning programs, joint research & consulting and case studies tailored for SAIL executives. This collaboration aims to strengthen organizational capability while aligning with global best practices.

The MoU was signed by Shri Sanjay Dhar, ED (HR-L&D), MTI, SAIL and Prof Sumita Rai, Dean–Industry Connect, MDI, Gurgaon, in presence of Shri K. K. Singh, Director (Personnel) and other senior executives from SAIL and MDI.

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SAIL Partners with MDI Gurgaon to Launch Executive Education Programs for Future Leaders

Newsmantra — Fri, 22 May 2026 10:11:38 +0000

NEW DELHI. Steel Authority of India Limited Management Training Institute and Management Development Institute, Gurgaon signed a Memorandum of Understanding at the SAIL Corporate Office in New Delhi on May 20, 2026, to collaborate on advanced Executive Education Programs. The agreement was signed by Sanjay Dhar, Executive Director of HR-L&D at MTI, SAIL, and Professor Sumita Rai, Dean of Industry Connect at MDI, Gurgaon, in the presence of K. K. Singh, Director of Personnel, along with other senior executives from both organizations. This strategic partnership focuses on building future-ready leaders within SAIL by merging academic excellence with practical corporate application through customized leadership tracks, strategy and innovation-driven learning interventions, and overseas training modules.

The alliance highlights SAIL’s expanding emphasis on human capital development and organizational transformation as the global steel industry continues to adapt to rapid technological disruptions, strict sustainability goals, and evolving global competition. Under this framework, both institutions will engage in joint research projects, consulting assignments, and tailored case studies designed specifically for SAIL executives to generate measurable business impacts. Industry experts note that leadership-focused executive education initiatives are crucial for improving operational efficiency, fostering innovation capabilities, and securing long-term business resilience across large public sector enterprises.

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Powering Progress Through Commitment and Teamwork?

Newsmantra — Mon, 18 May 2026 13:29:53 +0000

NEW DELHI. India’s power sector today is navigating a transformative phase — balancing rising energy demand, sustainability commitments, grid reliability, infrastructure expansion, and rapid technological evolution. In this journey, every new milestone strengthens not only the grid, but also the nation’s growth story.

SAIL Chairman and Managing Director Ashok Kumar Panda said SAIL will continue hiring at lower levels for expansion and operational requirements. SAIL has also launched a voluntary retirement scheme aimed at reducing employee numbers by another 500 to 1,000, Panda said

The steelmaker plans capital expenditure of about Rs 15,000 crore in FY27, up from around Rs 9,100 crore in FY26, as it expands plants at IISCO, Bokaro and Bhilai.

Panda said annual capital expenditure could rise further to Rs 20,000 crore-Rs 25,000 crore over the following years as expansion projects gather pace. The company said it will continue focusing on operational efficiency, cost reduction and higher capacity utilisation while managing future borrowing requirements.

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Dr Ashok Kumar Panda takes charge as SAIL chairman and managing director.

Newsmantra — Mon, 11 May 2026 13:18:43 +0000

NEW DELHI. Dr. Ashok Kumar Panda has taken over as the new CMD of Steel Authority of India Limited (SAIL). Dr. Panda is presently serving as Director (Finance) in SAIL and has now been appointed as the Chairman and Managing Director of the Company.

A seasoned finance professional and corporate leader, he brings with him more than three decades of rich and diverse experience across technical operations, financial management, strategic planning, administration, and organisational governance in SAIL.

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PESB Recommends Dr. Ashok Kumar Panda for CMD of SAIL

Newsmantra — Mon, 30 Mar 2026 06:19:42 +0000

NEW DELHI. The Public Enterprises Selection Board (PESB) has recommended Dr. Ashok Kumar Panda for the position of Chairman and Managing Director of Steel Authority of India Limited (SAIL). Currently, he serves as the Director (Finance) of SAIL.Several candidates appeared for interviews, including Shri Manish Raj Gupta, Shri Alok Verma, Shri Bipin Kumar Giri, and others from various government and steel organizations, for the top leadership role at SAIL.

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SAIL records highest-ever January ’26 and best-ever April – January FY26 performance

Newsmantra — Thu, 05 Feb 2026 13:39:42 +0000

Steel Authority of India Limited (SAIL), a Maharatna CPSE and one of the largest steelmakers in the country, has scaled new heights, achieving a 16% growth in total sales during the April – January FY 2025–26 period at 16.6 million tonnes (MT), compared to 14.3 MT in the corresponding period last year (CPLY). This marks the highest-ever cumulative sales recorded by the company. SAIL also registered its best-ever January sales in Jan’26 at 1.84 MT, up from 1.68 MT in the corresponding month of the previous year, reflecting a growth of over 10%. It has resulted in inventory reduction of 0.25 MT and substantial reduction in borrowings.

The record-breaking performances during these periods span across multiple parameters including sales, dispatches, cash collections and customer door-to-door delivery. The company achieved record dispatches from plants, expanded door delivery volumes and enhanced warehouse sales, underscoring its strong focus on customer-centricity and logistics efficiency while deepening market penetration.

These achievements, driven by the initiatives of the Marketing vertical, highlight SAIL’s ability to combine operational excellence with customer-focused strategies. By consistently surpassing previous records and meeting business plan targets, SAIL continues to reinforce its position as a trusted partner in India’s growth story.

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SAIL and RITES Sign MoU for Diesel Locomotive Leasing and Maintenance

Newsmantra — Tue, 03 Feb 2026 06:58:55 +0000

NEW DELHI. Steel Authority of India Limited (SAIL), a Maharatna CPSE, has signed a Memorandum of Understanding (MoU) with Rail India Technical and Economic Service (RITES), a Navratna CPSE, to strengthen logistics and operational efficiency across SAIL’s plants and mines. SAIL operates a dedicated mini rail network within its premises to facilitate seamless movement of raw materials, in-process transfers and finished products, making effective maintenance of its diesel locomotive fleet—along with wet-leased locomotives—crucial for uninterrupted operations and future capacity expansion. As Indian Railways transitions towards electric locomotives, RITES continues to offer specialized expertise in diesel locomotive operations and maintenance, supported by access to Indian Railways’ facilities, spares and skilled manpower, positioning it well to meet SAIL’s operational needs. This collaboration will enable both organizations to focus on their core strengths, optimize costs, enhance operational efficiency and contribute to reducing the carbon footprint. The MoU was signed by Shri P.K. Baisakhiya, Executive Director (Operations), SAIL, and Shri Sandeep Jain, Executive Director (Technical Services), RITES, in the presence of senior officials from both organizations.

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SAIL Earns Great Place To Work Certification For Third Consecutive Time

Newsmantra — Fri, 30 Jan 2026 07:43:05 +0000

NEW DELHI. Steel Authority of India Limited (SAIL), one of India’s largest public sector steelmakers, has earned the coveted Great Place to Work certification for the period from February 2026 to February 2027.

The Ministry of Steel informed that this is the third consecutive time the company has received the certification, following a comprehensive assessment by the Great Place to Work Institute of India. The Ministry added that the recognition reflects SAIL’s enduring commitment to nurturing a workplace culture that is contemporary, agile, and closely aligned with the professional and personal growth of its employees.

On the occasion, SAIL Chairman Amarendu Prakash said that securing the certification is a proud moment for the organization. He added that the recognition reflects the trust employees place in the company and the culture that its leadership is collectively building.

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SAIL secures Great Place to Work certification third time in a row

Newsmantra — Fri, 30 Jan 2026 06:59:26 +0000

Steel Authority of India Limited (SAIL), a Maharatna and India’s largest public sector steelmaker has earned the coveted ‘Great Place to Work’ certification for February 2026 to February 2027, straight third time in a row following a company-wide assessment by the Great Place To Work Institute, India. The recognition reflects SAIL’s enduring commitment to nurture a workplace culture that is contemporary, agile and deeply aligned with the professional and personal growth of its people.

Demonstrating a notable rise in its TRUST INDEX © score, an indicator of the percentage of employees giving positive feedback during the assessment, SAIL earned the certification on the basis of a comprehensive company-wide survey conducted by the Institute. The Great Place to Work Institute, a global authority on workplace culture, honors organizations that deliver exceptional employee experiences through a rigorous evaluation process.

SAIL has been steadily rolling out progressive HR initiatives, the latest being SAIL DARPAN – a step towards a transparent, performance‑driven workplace where evaluation and target setting reflect objectivity and alignment with organizational goals, while empowering employees to own their growth. Another key initiative is offering domain‑change opportunities for executives through specialized training programs under MoUs with leading IIMs (Kozhikode, Bangalore, Jammu, Raipur, Ranchi) and renowned institutes like XLRI and ASCI, focusing on marketing and HR.

On this occasion CMD SAIL, Shri Amarendu Prakash, said, “Securing the ‘Great Place to Work’ certification for the third consecutive year is a proud moment for all of us at SAIL. This recognition is a reflection of the trust our employees place in the organization and the culture we are collectively building”.

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SAIL has signed a strategic long-term agreement with GAIL for the supply of natural gas

Newsmantra — Mon, 19 Jan 2026 13:42:08 +0000

NEW DELHI. SAIL has signed a strategic long-term agreement with GAIL for the supply of natural gas starting November 2027. Valid for five years .

The partnership will support expansion plans at Burnpur while enabling cleaner, reliable and more sustainable steelmaking.

#SteelAuthority #SAIL #SteelAuthorityofIndiaLimited #SteelIndia #SteelMinistry #सेल #SAILIndia #SAILSteel

#GAIL #SustainableSteel #CleanEnergy #NaturalGas #Burnpur #GreenSteel #EnergyTransition

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