Domestic steel giant Tata Steel on Tuesday said its consolidated steel production remained almost flat at 7.4 million tonnes (MT) in the quarter ended March 31, 2021.
In the base-case scenario, Tata Steel's adjusted debt could decline by about 30 per cent by March 2023 from the March 2020 level of about Rs 1 trillion
In Tata Steel, FPI holding was up by 5.69% and in SAIL by 0.93% between October and December; in JSPL and JSW Steel, it was marginally down by 0.72% and 0.03%, respectively
India's crude steel output fell by 1 per cent to 19.1 million tonnes (MT) during the first two months of 2021, according to worldsteel
In the past one week, the stock has rallied 16 per cent, against 2.2 per cent rise in the S&P BSE Sensex
Agency affirms Corporate Family rating 'Ba2', says company will continue recovering after demand slump last year
Brokerages bullish on improving cycle and higher prices
The Nifty Metal index is expected to enter the territory of 4,100 after surpassing the resistance of 3,950-mark decisively
Pokarna Engineered Stone, a wholly-owned subsidiary of Pokarna, has started commercial production at its second quartz surface manufacturing facility, with effect from March 24
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