Cabinet clears merger of steel firms SAIL & IISCO Thursday, June 16 2005 16:46 Hrs (IST) - World Time -
New Delhi:
Government today (Jun 16, 2005) cleared the merger of two steel PSUs-Indian Iron and Steel Company (IISCO) and Steel Authority of India (SAIL).
Merger of 11 million tonne SAIL with IISCO (3 MT) was today cleared at the meeting of the CCEA chaired by Prime Minister Prime Minister Manmohan Singh.