Tata Steel BSL

The company had posted a net profit of Rs 111 crore during the same quarter a year ago, Tata Steel BSL said in a BSE filing

All that happened in the markets today

The latest system to ring fence the workers from Covid-19 is operational across Tata Steel BSL facilities- Sahibabad in NCR, Meramandali (Odisha), Khopoli (Maharashtra) and other units

The company was asked by the trial court to appear, through its authorised representative, before it on Tuesday

The job cuts were announced by the Indian steel major last week as part of a wider transformation programme as it blamed ongoing losses and continued global headwinds faced by the steel industry

The first of a four-part series takes a look at how erstwhile Bhushan Steel is faring as Tata Steel BSL under a new command

The company had posted a net profit of Rs 60.7 crore during the corresponding quarter of 2018-19

The plant boasts of churning out quality downstream products.

CPI is part of Cogent Electrical Steels, one of the five non-core business units, the sale of which Tata Steel Europe had announced in May 2018

Bhushan Steel Ltd (BSL) was acquired by Tata Steel through its wholly-owned subsidiary Bamnipal Steel Ltd (BNPL) and later renamed as Tata Steel BSL

Bamnipal Steel Ltd (BNPL), a wholly owned subsidiary of Tata Steel, had acquired BSL in May, 2018 at a cost of Rs 35,200 crore under the bankruptcy code