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Tata Steel back in black, posts ₹522 crore profit in Q3

Tata Steel on Wednesday posted a consolidated net profit of Rs 522.14 crore in the December quarter…

PTI   


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4 mins read

Reliance, Tata on TIME's list of world's most influential companies

Serum Institute is the other Indian company on the list. TIME listed Reliance in the 'Tita…

PTI   


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1 min read

Steam leak in Tata Steel's Odisha plant: 2 in intensive care

Two persons injured in an accidental steam leak at Tata Steel's Meramandali plant in Odisha's Dhenk…

PTI   


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3 mins read

Vedanta plans to invest $20 bn in India in 4 years; will sell steel biz only at right price: Agarwal

"At the moment, we have a plan to invest USD 20 billion across sectors in four years time," Aga…

PTI   


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Tata Steel commissions first ever plant in Jamshedpur to capture carbon dioxide

The company did not disclose the financial details of the project. "Tata Steel today (Tues…

PTI   


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Tata Steel commences trial use of hydrogen gas in blast furnace at Jamshedpur plant

Tata Steel on Monday said it has started a trial injection of hydrogen gas in a blast furnace at it…

PTI   


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UK govt offered us a counter-package for Port Talbot plant, says Tata Steel CEO

Tata Steel owns the UK's largest steelworks at Port Talbot in South Wales and employs around 8,000 …

PTI   


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1 min read

Tata Steel, Germany's SMS group to explore low carbon steel making technology

Tata Steel has partnered with Germany's SMS group to explore development of low carbon steel making…

PTI   


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3 mins read

Enough growth opportunities within facilities to take capacity to 40 MT in India: Tata Steel CEO

The company has planned capital expenditure to the tune of Rs 12,000 crore for India operations,…

PTI   


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Tata Steel board approves merger of six subsidiary companies

Tata Steel further said the proposed amalgamation is aimed at driving synergies, simplif…

PTI   


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4 mins read

This multibagger is charting a growth path after escaping a debt trap

Usha Martin's stock has surged over 130% in the past year, with analysts still optimistic about its…

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4 mins read

Rishi Sunak hails Tata Group's multi-billion EV investment in UK

British Prime Minister Rishi Sunak hailed Tata Group's decision to invest 4 billion pounds in sett…

PTI   


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2 mins read

Tata Steel's arm to buy debt-ridden Neelachal Ispat Nigam for ₹12,100 crore from government

The Centre's 'Alternative Mechanism' approved the bid for buying 93.71 per cent of shares of JV …

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1 min read

India's top steelmaker will stop importing Russian coal due to 'uncertainties' created by Western sanctions on Moscow

Tata Steel was India's biggest importer of Russian coal in the first quarter, bringing in 617,000 t…

Brian Evans   


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Production at SAIL, Tata Steel plants down by 50%, amid lockdown

The companies have taken the decision because of the reduced demand in the market afte…

PTI   


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Tata Steel offers British government 50% stake in Wales plant

The report added, "the talks are at a tentative, rather than concrete stage, and the structu…

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2 mins read

Tiger Global-backed Moglix acquires Vendaxo, a startup that sells used machinery to companies

Business-to-business (B2B) e-commerce platform Moglix has acquired Vendaxo, an e-commerce platform …

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2 mins read

Judges in India say it is the height of greed for steel plants to operate as COVID oxygen supplies in hospitals dwindle

Two judges said it seemed like "human life is not important," as steel plants are allowed to use ox…

Cheryl Teh   


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1 min read

Tata Steel looks to boost profits by cutting 3,000 jobs in Europe

However, no plants will be closed, the company said. This will primarily affect jobs across it…

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Tata Steel outlook lowered by S&P as it doesn't see earnings improve for 12-18 months

The agency lowered its long-term foreign currency issuer credit rating on Tata Steel and subsid…

PTI