Page 21 - Ishita Ayan Dutt

Tata Steel's global stride with new deal to aid Europe profitability

15 years ago, the global financial crisis set in and undid Tata Steel's best-laid plans in Europe. How far can the new deal help?

In India, just asset-light model doesn't work: IHCL's Puneet Chhatwal

A combination of asset-light and asset-heavy is the right formula, driving absolute returns in its owned portfolio where the operating leverage is currently higher, he said

Steelmaker AM/NS India's Ebitda up 161% on higher shipments, lower costs

Shipments were 11.6% higher at 1.9 million tonnes compared to 1.7 mt in the previous quarter

Birla Corporation posts Rs 58.37 cr net profit in Q2 on ops ramp-up

The company attributed the jump in profitability to the ramp-up of Mukutban operations, cost-initiatives, premiumisation and optimization of power and fuel mix and softening fuel prices

Foundry & forging units in West Bengal hit by global slowdown and war

The last of a three-part series on export slowdown is a report from the forging & foundry units in Howrah, to assess the losses and job cuts

IIM Calcutta Board of Governors accepts Director Uttam Sarkar's resignation

Sarkar would continue as a professor in the MIS Group of the institute

Singur saga: TaMo's arbitration award roils political waters in West Bengal

The SC verdict triggered the compensation clause for Tata Motors

We worked very hard, it's the best proposal: Tata Steel CEO T V Narendran

'Unions are obviously reflecting the sentiments of their members. One way to look at it is there are many jobs which are saved, but for the people who may be losing jobs, it's an emotional issue'

Tata Steel sees consolidated net loss of Rs 6,196 cr in Sept quarter

The company has also taken a charge towards restructuring and other provisions of Rs 3,612 crore in consolidated financial statements

Tata Motors wins Rs 766 crore plus interest at 11% for losses in Singur

Arbitral Tribunal also allows it to recover Rs 1 cr towards the cost of proceedings

McLeod Russel set to focus on Uganda, India estates after Vietnam exit

The company recently signed an agreement for selling its business in Vietnam to TLK Agriculture Joint Stock Company of Vietnam for $2.15 million

McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn

Subject to the completion of the sale, PBTCL would cease to be a subsidiary of BTHL and a step-down subsidiary of McLeod Russel

JSW Steel well placed to participate in India growth story: Jt MD & CEO

JSW Steel Jt MD & CEO Jayant Acharya, says India's growth story is playing out and the company may reach its goal of 50 mt capacity ahead of the timeline

JSW Steel reports Rs 2,760 crore net profit on the back of higher sales

The Bloomberg consensus estimate for revenue was Rs 42,539.9 crore and net income adjusted Rs 2,418.6 crore. Sequentially, revenue was up 4.93 per cent and net profit 18.04 per cent

Durga Puja's Unesco spark ignites pandal art, business and more

West Bengal's cultural extravaganza sees higher sponsorships, heightened creativity

Number of women in blue-collar jobs increasing across manufacturing sector

As companies move to be more gender inclusive

ITC Q2 results: Net profit up 6% at Rs 4.8K cr, rural green shoots visible

Says public investment strong, consumption demand relatively subdued

Speciality Restaurants to focus on oriental cuisine for expansion

Cloud kitchens, which expanded quickly during the pandemic, will continue to grow

Tea industry in hot water over financial stress and production woes

While tea prices remained stagnant, wages of tea garden workers increased significantly in the past five years

Hotels to steel: India Inc unlocks subsidiaries' value with mergers, splits

Combined value of deals reaches $32.9 bn in Q3 CY2023, the highest quarterly total since Q2 CY2022