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Steel ministry pushes for merger of debt-hit RINL with SAIL

By Economic Times - a week ago
The steel ministry is working on merging Rashtriya Ispat Nigam (RINL) with Steel Authority of India Ltd (SAIL) to avoid privatization. SAIL will manage RINL and infuse funds to reduce debt. Plans to sell RINL's land for debt repayment are being reconsidered.

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