Page 41 - Tata Steel

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

Sensex soars 380 pts, ends at 51,017; Nifty at 15,301; metal stocks slide

Volatility index, India VIX, however, surged 11 per cent to 21 levels ahead of the expiry of monthly F&O contracts due tomorrow

Stocks to watch: Tata Steel, Hero MotoCorp, Concor, United Spirits, Grasim

Grasim Industries, India Cements, JK Paper, Mahanagar Gas and Barbeque-Nation Hospitality are among 33 companies slated to post their quarterly numbers today

Tata Steel to re-enter Sensex after six months, replaces ONGC on June 21

Analysts say move will result in inflows of $119 million in Tata Steel and selling of $58 million from ONGC by passive funds benchmarked to index

Tata Steel bulks up for growth without compromising its deleveraging target

The upturn in the steel cycle has allowed it to reconsider overseas asset sales and plan domestic expansion and acquisitions

Tata Steel to keep Europe, SE Asia operations in the 'family' for now

Even at low steel prices, we will be the last man standing, says Tata Steel MD & CEO

Surging steel prices not to affect domestic demand says Tata Steel CEO

The rising prices of steel which is widely used in sectors like construction, auto, etc will not affect the demand in the domestic market, Tata Steel CEO and Managing Director T V Narendran has said.

Strengthening of steel prices to support Tata Steel's deleveraging: S&P

Sustained steel prices at these levels could lead to upward rating pressure.

Tata Sons stake in listed group companies crosses Rs 10 trillion

Value of its holdings in 14 firms is worth Rs 10.45 trillion, up 86% since March 2020

An asymmetric story: Big steelmakers mint money as smaller ones struggle

Large producers with iron ore mines and export markets are thriving in the current cycle but small ones, with access to neither, are struggling

High industry spread structural trend rather than cyclical: Tata Steel CFO

Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that balance sheet strengthening continues to be an enterprise strategy

Tata Steel extends rally post Q4 results; stock zooms 97% since February

The management has guided for an increase in Q1FY22 realisations by Rs 6,000-7,000/tonne and spreads to improve by Rs 4,000-4,500/tonne on a sequential basis