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Maoist hindering land acquisition for Tata steel project: Raman21-NOV-09
Chhatisgarh Chief Minister Raman Singh today said Maoists are hindering acquisition of land for Tata Steel's proposed five million tonne integrated greenfield steel plant in the state.
JSW capacity overtakes Tata Steel's20-NOV-09
Sajjan Jindal-controlled JSW Steel has overtaken Tata Steel in terms of steelmaking capacity in India and will continue to be ahead even as the two companies go into their next phases of expansion.
Tata Steel kicks off hunt for creative women20-NOV-09
The women would be chosen from the Self-help Groups (SHGs) functioning in the 50-odd peripheral villages of Kalinganagar in Orissa's Jajpur district where Tata Steel is setting up a six million tonne per annum greenfield steel plant.
Markets trim losses19-NOV-09
The indices have recouped some of their losses in the past one hour, thanks to buying in metals, consumer durables and pharma stocks. The Sensex is now quoting at 16,953, down 44 points, and the Nifty is at 5042, down 12 points.
India Inc discovers the power of two18-NOV-09
When US-based drug major Merck bought Schering-Plough early this month, it decided to go off the beaten track. Instead of having one managing director (MD) for the merged entity, it decided to retain both: Naveen A Rao will continue to head Merck’s subsidiary MSD Pharmaceuticals in India and K G Ananthakrishnan will retain his position as MD of Schering-Plough’s subsidiary Fulford India.
Tata Steel to invest Rs 1,100 cr to up ore output17-NOV-09
Tata Steel, the world’s sixth largest steel maker, is raising its annual iron ore production by 55 per cent to 17 million tonnes in India over the next two years. The expansion is expected to cost about Rs 1,100 crore.
Tata Steel to start work at Orissa plant in December15-NOV-09
Tata Steel would start work on its Kalinganar plant in Orissa from December. The company had 3,200 acres in possession but could not start work as 20 per cent of the project-affected persons were yet to be relocated, according to Managing Director H M Nerurkar.
A god of many beings14-NOV-09
Radhakrishnan, you imagine, would make a jolly Santa, all twinkle-eyed ho-ho-ho and a girth to match, his beard in full flow, if a little short on elves to manage the posting and packing since he’s been working on his current exhibition for some years now.
Tata Steel offers to swap $875 mn of securities13-NOV-09
Approves conversion of existing securities into FCCBs.
New code helps ex-gratia payment to Tata Steel project oustees13-NOV-09
The recent modification in the state government’s policy to facilitate payment of enhanced ex-gratia to affected families of Kalinga Nagar Industrial Complex (KNIC) through apportionment has made the ex-gratia distribution and compensation payment simpler.
People stop Tata steel plant 'spoilers' in track09-NOV-09
Supporters of Tata Steel in Bastar acted as a shield to prevent Communist Party of India (CPI) leaders and environment experts to visit the project affected villages and meet the people. The CPI leaders along with environment experts from Hyderabad and New Delhi had yesterday organised a public hearing on party's banner in Badanji village. It is one of the ten villages to be affected by the 5.5 million tonnes per annum (MTpA) Tata Steel plant coming up in Lohandiguda area.
Wkly Tech Analysis: Nifty may move in 4,640-4,900 band08-NOV-09
In a week marked by high volatility, markets corrected sharply only to bounce back with greater strength. Last week, it was mentioned that the markets might stage a July-like recovery amid high volatility. Although, markets have bounced back sharply, chances of a full recovery look remote currently. Going forward, one needs to watch the 15,530-15,640 zone for the Sensex as crucial for the current upmove to remain intact.
Nifty may move in 4,640-4,900 band08-NOV-09
In a week marked by high volatility, markets corrected sharply only to bounce back with greater strength. Last week, it was mentioned that the markets might stage a July-like recovery amid high volatility. Although, markets have bounced back sharply, chances of a full recovery look remote currently. Going forward, one needs to watch the 15,530-15,640 zone for the Sensex as crucial for the current upmove to remain intact.
Tata Steel sales up 38% in Oct07-NOV-09
Tata Steel, the world’s sixth largest steelmaker, said on Friday steel sales at its Indian operations jumped 38 per cent in October to 462,000 tonnes, compared to same period last year. The Indian operations contribute about a quarter of the group’s total annual global capacity of 30 million tonne, which includes Corus, Europe’s second-largest steel maker.
Finally, Tata Steel gets land in Vietnam for $5-bn project07-NOV-09
Decision to allocate 725 hectares comes after a long delay.
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