
SAIL looks at ways to slash debt, scale up and reduce emissions
State-owned steel major, SAIL (formerly Steel Authority of India Ltd), will teeter on a financial tightrope. Facing a Q3FY25 debt position of ₹33,000 crore, up from FY24-levels, the company is looking to slash debt to ₹30,000 crore in FY25, and free up …