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Latest Articles in tata steel

Tata Steel Starts Using Electric Vehicle To Transport Finished Steel At Jamshedpur

Tata Steel has tied up with an Indian startup to pursue its aspiration of deploying EVs for transportation of finished steel.

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Tata Steel To Invest Rs 8,000 Crore In Capex On India Operations During FY22: CEO Narendran

The amount will be spent mainly towards completion of the expansion of the Kalinganagar plant, and expansion of mining operations and recycling business

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After Tata Steel, AMNS India Plans To Bid For State-Owned RINL

Tata Steel CEO and MD TV Narendran has recently said his company is interested in acquiring RINL, as the plant is strategically located on the eastern coast, and its acquisition will give it more access to the South East Asian markets, where the company already has a presence.

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Markets Caught In Global Selloff; Tata Steel Tanks 8%

A depreciating rupee, which slumped 15 paise against the US dollar, added to the woes. The 30-share BSE Sensex slumped 300.17 points or 0.54 per cent to close at 55,329.32. Similarly, the broader NSE Nifty tumbled 118.35 points or 0.71 per cent to 16,450.50.

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Tata Steel Announces Rs 270.28 Crore Annual Bonus For 2020-21

A Memorandum of Settlement was signed on Wednesday between Tata Steel and the Tata Workers’ Union, for payment of annual bonus for the accounting year 2020-2021, the release issued by the company said.

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Tata Steel interested in acquiring Vizag-based RINL: CEO T V Narendran

RINL, under the Ministry of Steel, owns and operates a 7.3 million tonnes plant in Visakhapatnam, Andhra Pradesh. It holds the distinction of being India's first shore-based integrated steel plant.

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Tata Steel Returns To Black; Q1 Profit At Rs 9,768 Cr

Total income zoomed to Rs 53,534.04 crore during the quarter under review from Rs 25,662.43 crore a year ago.

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Tata Steel BSL Posts Rs 2,478-Cr Net Profit For Jun Qtr

Total expenses stood at Rs 5,405 crore, compared with Rs 3,360 crore a year ago.

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Tata Steel Arm, Jindal Stainless Sign Mou For Chrome Ore Mining

This initiative will enhance the availability of ore in the region without any adverse environmental impact, as it is an already explored area

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Tata Steel June Quarter Crude Steel Output Jumps Over 43 %; Sales Up 35 %

Tata Steel Europe's steel production grew by 27 per cent to 2.73 MT, compared to 2.15 MT in the year-ago quarter. While the deliveries increased by 19 per cent to 2.36 MT from 1.98 MT a year ago.

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Tata Steel Transfers Stake In HSMS, TSAML To Subsidiary Cos

It has also transferred its 100 per cent stake held in Tata Steel Advanced Materials Limited (TSAML) to another subsidiary company Tata Steel Downstream Products Limited (TSDPL).

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Tata Steel Advances Process Of Merger With Tata Steel BSL: Chandrasekaran

The industry recovered gradually in the third and fourth quarters driven by a strong revival in the domestic steel demand and rebound in manufacturing and infrastructure development activities in India.

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India's Coal Import Rises 30% To 22 Mn Tonnes In April

India's coal and coke imports in April 2021 through the major and non-major ports are estimated to have increased by 30.3 per cent over April 2020... Imports in April 2021 stood at around 22.27 million tonnes (MT) as against 17.09 MT imported in April 2020

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We Are Cautiously Optimistic - Gdp To Grow At 9.5 Percent In Fy22: Narendran, CII

T. V. Narendran, President, CII in an exclusive conversation with BW Businessworld, speaks about economic recovery after the impact of the second wave and highlights key aspects that we need to focus on to be prepared for the third wave of Covid-19.

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Housejoy Partners With Tata Steel For Pre-Fabricated Modular Housing Solution

The construction is three-times quicker than a traditional brick-and-mortar housing and can be completed in just six weeks.

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