Page 3 - Tata Steel

India Inc bonds resilient amid record trade costs from US tariffs: Barclays

Barclays says Indian corporates will face margin compression but remain supported by strong leverage, liquidity and domestic demand as US tariffs hit $55 bn exports

Tata Steel eyes ₹7k cr gross merchandise value from 'Aashiyana' in FY26

Tata Steel is aiming to double the gross merchandise value (GMV) to around Rs 7,000 crore of its homebuilding e-commerce platform Aashiyana' in the 2025-26 fiscal, a senior company official said. The steel major is also considering onboarding non-Tata Steel products for the first time to expand offerings in the domain, he said. All of the GMV on Aashiyana' currently comes from Tata Steel products, but we do plan to expand our offerings in the near future, Tata Steel VP (Long Products) Ashish Anupam told PTI. The platform recorded a GMV of Rs 3,550 crore in 2024-25, registering a 60 per cent year-on-year growth, and with the rollout of Aashiyana 3.0' the newly launched version of the platform Tata Steel expects to double the GMV over the next one year, he said. Initially launched as a transactional e-commerce site, Aashiyana' has now evolved into a full-fledged content-to-commerce ecosystem designed specifically for individual home builders (IHBs) a largely unorganised but ...

Metal index soars nearly 3% led by JSPL, SAIL, Tata Steel; here's why

At 12:37 PM; Nifty Metal index, the top gainer among sectoral indices, was up 2.6 per cent, as compared to 0.57 per cent rise in Nifty 50.

'UK steel ops to break even by FY26 as Tata cuts blast furnace losses'

Tata Steel's top brass on trade headwinds, European operations, MSME concerns, and India expansion plans amid Q1FY26 profit surge

Cost takeouts to continue as Tata Steel eyes steady profitability: CFO

Tata Steel will continue with its cost takeout programme in the coming quarters of the ongoing fiscal year in a bid to maintain profitability, the company's Chief Financial Officer (CFO) Koushik Chatterjee said on Thursday. The Tata Group entity on Wednesday saw its consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, despite volatile global macro conditions and heightened uncertainty. "The strong improvement in our Q1 performance on QoQ as well as YoY basis was driven by an increase in our net steel realisations and the planned cost takeouts," Tata Steel CEO & MD T V Narendran said. In financial terms, cost takeout refers to strategic cost reduction measures taken by companies by removing unnecessary expenses to improve profitability and efficiency. Tata Steel has delivered resilient performance and sequentially improved margins by around 200 bps despite challenging demand and uncertainty on trade and tariffs, said Chatterjee, who is also the ...

Tata Steel Q1 PAT jumps 116% to ₹2,078 cr on cost cuts, better realisations

Total revenue on a consolidated basis in Q1FY26 was ₹53,178.12 crore, down 2.91 per cent Y-o-Y

Tata Steel Q1 FY26 profit more than doubles to ₹2,078 cr; revenue down 3%

Tata Steel's revenue from operations declined by 3 per cent year-on-year (Y-oY) to ₹52,744 crore in Q1 FY26, down from ₹54,412 crore in Q1 FY25

Stock market close highlights: Sensex rises 144 pts, Nifty at 24,855; IT, FMCG, pharma see buying

Sensex Today | Stock market close highlights on Wednesday, July 30, 2025: In the broader markets, the Nifty MidCap index and the Nifty SmallCap index fell 0.07 per cent and 0.52 per cent respectively

Q1 results today: IndiGo, Tata Steel, Hyundai, PNB among 113 on July 30

Q1 FY26 company results today: InterGlobe Aviation Ltd, Power Grid Corporation of India, Hitachi Energy, and Zydus Wellness will release their April-June quarter earnings reports on July 30

The world has too much steel, but no one wants to stop manufacturing it

Excess steel production is estimated to reach 721 million tons by 2027, according to the Organization for Economic Cooperation and Development

Port Talbot's green furnace marks end of costly firefighting for Tata Steel

Port Talbot, Tata Steel's upstream steelmaking facility in South Wales, had largely been a drag on the company's bottom line since it acquired Anglo-Dutch steelmaker Corus in 2007

Tata Steel begins Port Talbot EAF project as UK backs £500-mn investment

Tata Steel's Port Talbot transformation gets underway with construction of a 3 mt electric arc furnace, backed by £500 mn UK government support for low-carbon steelmaking

After Singur, a new chapter unfolds in Tata Group-West Bengal saga

A meeting between Chief Minister Mamata Banerjee and Tata Group Chairman N Chandrasekaran has rekindled hopes of fresh investments by the group in the state that goes to polls next year

Titan, Trent, TaMo: What's impacting sentiment; how to trade Tata grp stks?

Technical outlook on Tata group stocks: Chart suggests up to 16% downside risk for Tata Motors, Titan, Trent and Tata Power; here are the key levels to track on these shares.

Tata Steel Q1 output slips on maintenance; retail, auto deliveries grow

Tata Steel reported lower Q1 production in India, but saw strong growth in automotive, retail, and online sales. European operations remained steady

Tata Steel inks MoU with InQuik to bring modular bridge tech to India

According to Tata Steel, the agreement will help expand its offerings in the infrastructure space by adding value-added construction products to its portfolio

Tata Steel gets ₹1,902 crore demand over Sukinda Mine dispatch shortfall

Revised assessment cites breach of mineral rules and shortfall in dispatches from Sukinda Chromite Block; Tata Steel plans legal action against the demand

Tata Steel on track for green transition in UK, Netherlands: Chandrasekaran

Tata Steel is confident of completing its transition to green steel manufacturing in the UK and Netherlands as per schedule, the company's Chairman N Chandrasekaran said on Wednesday. He made the remarks while addressing the shareholders at the company's 118th Annual General Meeting (AGM). "...we remain confident that the transition to green steel making in the UK and the Netherlands will happen as per our plans, in the next few years," Chandrasekaran said. In the UK, the company has progressed toward low-emission steelmaking with the decommissioning of two blast furnaces at Port Talbot, paving the way to transition to state-of-the-art Electric Arc Furnace-based steelmaking by fiscal 2028, supported by 500 million pounds of UK government funding. In the Netherlands, the company is in discussions with the Dutch government for financial and policy-level support on our decarbonisation plan. Tata Steel has also launched a cost transformation programme, targeting savings of 500 million

Metal shares in demand; Tata Steel, JSW, JSPL, Welspun, SAIL rally up to 4%

At 11:48 AM; Nifty Metal index, top gainer among sectoral indices, was up 1.4 per cent, as compared to 0.2 per cent decline in the Nifty 50.

Tata Steel awards major upgrade project to local firm Systems Group

Tata Steel has awarded a major contract to Welsh engineering firm Systems Group for the first phase of the refurbishment of its two continuous casters in Port Talbot, South Wales in the UK, a statement said on Tuesday. Systems Group, based in Maesteg, will carry out critical structural work and pipework replacement on Port Talbot's two continuous casters an essential part of the steelmaking process, turning liquid steel from the Electric Arc Furnace into solid steel slabs. The scheme is a key part of Tata Steel UK's GBP 1.25 billion transition to greener steelmaking. The life-extension of the continuous casters will support the journey to sustainable low CO2 steelmaking as the business prepares for the commissioning of a new electric arc furnace (EAF) by the end of 2027. Once operational, the EAF is expected to reduce Port Talbot's carbon emissions by approximately 90 per cent, equivalent to 5 million tonnes of CO2 per year. Ryan O'Neill, Managing Director at Systems Group, said: