Page 40 - Tata Steel

Tata Steel outlines Rs 10,000-12,000 cr annual India capex over next 5 yrs

As against a $1 billion annual debt reduction target, the company is likely to reduce gross debt by over $2 billion in FY22

Tata Steel June quarter crude steel output jumps over 43%; sales up 35%

Consolidated crude steel output was at 7.94 million tonne (MT) during the quarter

Tata Steel April-June crude steel output up 55% YoY to 4.62 million tonnes

Production falls sequentially as company diverts industrial oxygen for medical use

Tata Steel ramps up financials amid Covid; recommends highest ever dividend

Firm reduced net debt by Rs 29,390 crore taking consolidated net debt to Rs 75,389 crore in FY21

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

Stocks to watch: Power Grid, SBI, Tata Steel, CESC, Federal Bank, Wipro

SBI Board is slated to meet on June 21 to consider a fundraising plan for FY22

Street signs: Shyam GMP at 35%, demand recovery to aid Power PSUs & more

Tata Steel is expected to see huge inflows from ETFs over the next week.

Relief for Tata Steel as revenues rise faster than liabilities in FY21

Debt reduction led to sharp improvement in leverage ratio

Tata Steel global CEO and group ED get remuneration raise for FY21

Average percentage decline in employees' salary 2.6% due to pandemic

Investors shun top FMCG stocks amid market rally; Tata Consumer outlier

M-cap of top 10 firms has risen 12% in 1 year, against 42% rally in Nifty50

Tata Steel BSL sets up 100-bed Covid hospital near its plant in Odisha

Tata Steel BSL has set up a 100-bed Covid-19 hospital facility near its plant in Odisha's Dhenkanal district

Tata Steel Mining successful resolution applicant for Rohit Ferro-Tech

The Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company

Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank

The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021

Tata Steel Mining gets successful resolution applicant for Rohit Ferro-Tech

Tata Steel Mining Limited (TSML) has been declared as the successful resolution applicant by the creditors of Rohit Ferro-Tech Limited, steel major Tata Steel said on Sunday.

Tata Sons finances escape Covid blow; TCS remains the prime cash cow

Holding firm set to get record Rs 22,000 crore dividend from group companies

CII elects Tata Steel CEO and MD T V Narendran as its new president

In a statement, it said that Narendran has been engaged with CII for many years at the state, regional and national level

Metals halt losing run; BSE Metal index gains 2%, JSPL, Tata Steel up 5%

The uptick in metal prices augurs well for domestic metal companies as it would have a positive rub-off on their financial performance, going forward

Top headlines: GST council meets today; Gates foundation set for change

Changes expected at GST council meeting to Tata Steel's market capitalisation. Top news this morning.

Tata Steel's market capitalisation slips below Titan among group firms

M-cap falls 11% in 2 weeks to Rs 1.32 trn, against watchmaker's Rs 1.41 trn

Steel companies likely to add 29 million tonnes capacity in five years

With a better financial health, leading companies are now better placed to undertake expansion projects than they were in the past several years