Led by strong steel prices, top line or total revenue from operations in the period under review stood at Rs 53,372 crore, up 108 per cent from the same period last year
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Even though the demand is seen recovering in India, domestic steel prices continue to be at a steep discount to China import parity prices, says CEO Narendran
The Nifty IT index jumped 3 per cent and ended around record high levels of 32,245.
State-owned Power Grid Corporation of India board has decided to infuse fresh equity up to Rs 425 crore in Energy Efficiency Services
Tata Steel BSL set up the world's first ultraviolet oxidation plant in the industry at its facility in Odisha's Dhenkanal to treat cyanide in coke oven wastewater, a deadly pollutant, the company said
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An improving balance sheet is aiding the bullish sentiment as Tata Steel joins scores of Indian corporates who are using record-low interest rates to trim their liabilities.
Tata Steel BSL Ltd on Wednesday returned to the black, posting a consolidated net profit of Rs 2,478 crore in the quarter ended June 30.
The outlook on ratings is stable and reflects the view that the company can adequately deleverage to reduce volatility in credit metrics during industry downturns
Tata Steel hogged the limelight in the Sensex pack, rallying 6.87%
It accounts for 9.2% of group m-cap, highest in a decade
In the third instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Ishita Ayan Dutt looks at India's metals industry
Tata Steel Foundation on Friday said it has inked pacts with non-profit bodies - KMCO and CIF in a bid to boost education among underprivileged children and youth in Jamshedpur.
Tata Steel Mining Ltd and Jindal Stainless Ltd signed an MoU to jointly unearth chrome ore locked up in the boundary between their mines located at Sukinda in Odisha's Jajpur district
Tata Steel has set up a 2 million tonne per annum (MTPA) coal preparation plant at Jamadoba under its Jharia division, the steel giant said on Friday. Tata Steel's Jharia division has taken several initiatives of automation and digitalisation which has helped in improving operational excellence. "In line with its mechanisation and modernisation programme, Tata Steels Jharia division has commissioned the state-of-the-art 2 MTPA coal preparation plant and 400 kilovolt-ampere (kVA) Uninterrupted Power Supply (UPS) for Main Mechanical Ventilator at Jamadoba colliery," Tata Steel said in a statement. These facilities were inaugurated by D B Sundara Ramam, Vice President (Raw materials), Tata Steel in the presence of Sanjay Rajoria, General Manager, Jharia division. Built from cutting-edge technology, the 2 MTPA coal preparation plant has been transformed from the oldest running washery in Asia (in operation since 1952) to one of the most modern washeries across the globe.
The firm was helped higher sales and price realisation
Tata Steel's focus on the growing India market, highest exposure to high-priced flat products, and full iron ore integration till CY30, makes it an attractive long-term play, say analysts
CARE upgraded long term credit rating for Tata Steel to AA+ from AA and the outlook to Stable from Negative
Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65