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Tata Steel on Monday said it plans to invest Rs 10,000 crore in its Jharkhand projects by 2028, which will create 2,000 direct and indirect jobs. The company aims to have 40 million tonnes per annum (MTPA) steelmaking capacity in India, up from the present 27.35 MTPA, through capacity expansion and transition to low-emitting steelmaking routes. "Tata Steel is committed to invest Rs 10,000 crore in its Jharkhand projects, including Rs 7,000 crore in HIsarna & Easy Melting Technology by 2028. In total, the investment will create 2,000 direct and indirect jobs," a company official told the media here. Tata Steel Chief of Corporate Communication, Sarvesh Kumar, said proposed investments included Rs 2,600 crore in expansion of the Tinplate Division, while Rs 1,500 crore will be invested in the Combi mill. HIsarna, a patented Tata Steel technology, is an innovative low-carbon iron-making route that enables direct production of iron without the need for conventional coke, sinter, or ...
The issue of an alleged data breach at Tata Electronics that reportedly exposed sensitive information related to Apple's unreleased iPhone model is currently under examination, and both entities are satisfied they haven't lost much on commercial parameters, a senior IT Ministry official said on Monday. The government had earlier said that the incident was reported to the Indian Computer Emergency Response Team (CERT-In). CERT-In is the national nodal agency for responding to computer security incidents. "We are studying what is happening on that issue. But on the commercial aspect, we understand that both the current entities involved are broadly satisfied that they have not lost anything... they are not very concerned about that. So this is what we understand from those entities," IT Secretary S Krishnan told reporters on Monday. Krishnan's comment comes in the wake of reports that details of components and suppliers, along with Apple's iPhone 18 Pro model photos were put on the d
Commercial vehicle maker Tata Motors has secured the majority of regulatory approvals for the Iveco acquisition, and the transaction is expected to be completed by the second quarter of this fiscal, Chairman N Chandrasekaran said on Monday. Addressing shareholders at the company's second Annual General Meeting here, he said the deal is a significant strategic step in advancing Tata Motors' global ambition. In July 2025, Tata Motors announced the acquisition of Italian commercial vehicle maker Iveco Group, excluding its defence business, for euro 3.8 billion. "A transaction of this scale, spanning multiple geographies, requires a series of mandatory regulatory approvals," Chandrasekaran said at the AGM. Tata Motors has secured the majority of these approvals and is progressing well on the remaining few, he said, adding that "We look forward to completing the transaction by Q2 FY27." Chandrasekaran said the Iveco acquisition will enable the company to access advanced powertrain and
Electronics manufacturing company Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday. The pact was announced during Prime Minister Narendra Modi's visit to the Netherlands. ASML is known for having monopoly in a category of lithography equipment which is critical for production of advance small size semiconductors. "Through this partnership, ASML will enable the establishment and successful ramp of Tata Electronics' upcoming 300 mm (12 inch) semiconductor Fab in Dholera, Gujarat. This collaboration is an important step in the context of the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology," the statement said. Tata Electronics is setting up India's first semiconductor wafer fabrication plant, entailing an investment of Rs 91,000 crore. The collaboration between Tata Electronics and ASML