Sources said that Tata Steel is looking to step up its exposure in long products and is planning to submit an expression of interest
25 financial creditors would be realising 41% from the Rs 19,350 cr deal on claims of Rs 47,158 cr
Tata Steel said it has joined a network of heavy industries and civil society groups that will provide a global framework for decarbonising heavy industries as part of the Covid-19 recovery plan.
Dragging the Tatas into the 21st century will take more time
Hindpetro has witnessed a strong rebound after forming a base above the support zone of moving averages ribbon on multiple time frames
The move comes after Sweden's SSAB last month abandoned plans to buy the Dutch operations of India's Tata Steel
In a Q&A, Koushik Chatterjee says Tata Steel will continue pruning debt after surpassing the $1 bn goal, while keeping an eye on profitable and value-added growth
The bigger steel players obviously have secured iron ore supply through auctions, says Tata Steel MD
The Company has fixed February 19, 2021 as the record date for the purpose of determining the holders of partly paid-up equity shares to whom the Call notice will be dispatched for payment of the Call
Eicher Motors, Titan Company, GAIL India and Hindalco Industries are the four Nifty companies slated to post their December quarter numbers today
Higher revenue, lower expenses push up bottomline which was ahead of estimates
Revenue from operations stood at Rs 39,594.09 crore in the period under review
The Nifty Auto, Metal, and Pharma indices settled over 1 per cent lower each
The Indian government has challenged in the Singapore High Court an international arbitration tribunal's verdict that overturned its demand for Rs 22,100 crore in back taxes from Vodafone Group Plc
"Traders are expected to stock up cheap imports creating huge inventories in the coming months ahead of an anticipated demand boom in the sector," said an official of a large stainless steel firm
FarEye is a software logistics firm
Tata Steel confirmed on Friday that SSAB had withdrawn its initial interest, but the company said it was committed to arriving at a strategic resolution for its European portfolio
This comes despite Swedish steelmaker SSAB's decision to halt talks over the potential acquisition of Tata's Dutch steel mill
An increase in coking coal prices would not augur well financially for steel companies' in India, ICICI Securities said in a note
Going forward, analysts at Phillip Capital expect metal companies to report further improvement in operating performance in Q3FY21 results