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22 Jan
10:41

SAIL suspends two directors following steel ministry order

State-owned steel major Steel Authority of India (SAIL) says India’s Ministry of Steel has suspended its commercial director, V S Chakravarthy, and finance director, A K Tulsiani, with immediate effect. The move follows a directive from the ministry due to an alleged violation of its code of conduct, Kallanish notes. According to SAIL’s exchange filing, the company also suspended several below-board-level executives, including executive director (F&…
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