Tata Sons seeks continuity amid challenges
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On January 31 - the eve of the Union Budget - Tata Steel Long Products, a subsidiary of Tata Steel, was declared the winning bidder for a 93.71 per cent stake in Neelachal Ispat Nigam Limited
In a Q&A Tata Steel CEO and MD T V Narendran talks about what the acquisition means for the company's growth ambitions as also the near-term outlook
FIIs' favorite names and heavyweights like HDFC twins, ICICI Bank, Infosys, Kotak Bank, and Reliance Industries saw sharp cuts
Moody's Investors Service on Monday said the acquisition of Neelachal Ispat Nigam Ltd by Tata Steel arm is credit positive because it will increase the subsidiary's long-steel production capacity
Shares of Bank of Baroda can jump 15% as it claimed a new 52-week high
Castrol, Indian Bank, Nalco, PolicyBazaar, Tarsons Products, Tube Investments of India, TVS Motor and Union Bank of India are some of the prominent companies to announce result today.
Consolidated turnover was at Rs 60,783 crore in the quarter compared to Rs 41,935 crore a year back
Tata Steel said it is conducting trials to inject Coal Bed Methane gas into a blast furnace to reduce coke consumption during steelmaking
Among the Sensex pack, SBI was the biggest loser as it dropped over 2 per cent. M&M, NTPC, Kotak Bank, Bajaj Finserv, HDFC, Power Grid, and RIL were the other losers, all down between 1-1.8 per cent
Tata Steel's debt is expected to continue to decline over the next two years, despite the Rs 12,100 crore deployed for the acquisition of NINL
This government has allocated Rs 7.5 trillion towards capital expenditure, up 35.4 per cent higher compared to the previous year's figure of Rs 5.5 trillion.
This is the first time a public sector steel manufacturing company has been privatised in India
Govt okays Neelachal Ispat sale to Tata Steel Long Products; stock rises 6%; Adani Wilmar IPO subscribed 17.36 times; GMP halves in a week; Hotel stocks rally on improved outlook after third wave
Neelachal Ispat is a joint venture of 4 CPSEs and 2 Odisha government PSUs
A Double Bottom breakout on metal index indicates an upside towards 6,300-level, which is 7% higher from current levels.
Vodafone Idea continues to attract risky traders as medium-term outlook remains robust
India headquartered Tata Steel Group is among the top global steel companies with an annual capacity of 34 MT
Industry officials said inventory build-up at various plant locations is also an issue