SAIL won Golden Peacock Award for Corporate Governance

As on November 9, 2016, Steel Authority of India Limited (SAIL), a `Maharatna' firm, has been awarded the prestigious Golden Peacock Award for Corporate Governance for 2016 during the 16th London Global Convention on Corporate Governance and Sustainability held in London.
SAIL was presented the award on account of its exemplary performance in the field of corporate governance that.is for balancing the interests of all the stakeholders of the company i.e., shareholders, management, customers, suppliers, financiers, government and the community. Golden Peacock awards Instituted by the Institute of Directors (IoD) in 1991.
SAIL is one of the largest state-owned steel firm in India and the 24th largest steel producer in the world. It was founded in 1954 and incorporated in 1973 and headquartered in New Delhi.

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ADB Granted Loan to Help India Build its Longest River Bridge

• The Asian Development Bank (ADB) approved a $500 million loan to build a bridge across India's Ganges river on November 15, 2016.
• The 9.8 km road bridge in the North-eastern State of Bihar will be India's longest river bridge and will provide vital transport links between the northern and southern parts of the State and with neighbouring Nepal.
• The new Ganga Bridge, to be located near Patna, will span both channels of the Ganges river and serve as an alternate route to the existing Ganga Bridge, which has begun to deteriorate.
• Bihar, the third most populous state in India with over 100 million inhabitants, has poverty levels above the national average, with seven out of 10 of the State's poorest districts located in the North

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