Page 46 - Tata Steel

Steel producers see retail strengthening despite spiking Covid-19 cases

While Covid-19 pandemic is setting a new normal for most industries across sectors, domestic primary steel producers too are adopting different ways to enhance focus

Zoning sale areas is the new strategy for Tata Steel amid Covid-19

Besides reaching out to customers in a faceless manner, Tata Steel helped customers get permission from local authorities

Tata Steel inks deal with Workers' Union to pay annual bonus to employees

The Tata Steel management and Tata Workers' Union on Monday signed a memorandum of settlement for the payment of annual bonus to the employees for the accounting year 2019-20

The problem of scale

There is room for consolidation in India, but we need to guard against concentration of power

Despite Covid-19, Tata Steel to pay Rs 235-cr bonus to employees for FY20

The memorandum was signed by Tata Steel CEO and Managing Director T V Narendran and TWU President R Ravi Prasad

Tata Steel output back at 100% led by rural demand, good monsoon: Narendran

The company is now less dependent on exports compared to the first quarter, he added

Firms raising 3-month money at much lower than RBI's overnight rates

Even as FCI is raising Rs 75,000 cr for three months at 4.69%, companies are regularly tapping bond market for the same tenure at as low as 3.2%, way lower than RBI's repo rate of 4%

Mining group writes to PMO for transparency in domestic steel pricing

Demands domestic steel price monitoring, regulation mechanism

NMDC board okays demerger of three-mn-tonne Chhattisgarh steel plant

The plant is the only greenfield project slated for commissioning in the near term. Sources said it would have been commissioned by now had it not been for Covid-19

NMDC approves demerging steel plant as Baghel protests 'privatisation'

Demerger of Nagarnar plant could create generate funds for the centre but the state's government is likely to read it as a step toward privatisation.

How Tata Steel's Europe ordeal has encouraged it to re-focus on India ops

In the first quarter of FY21, Tata Steel Europe's EBITDA loss was at Rs 626 crore, owing to a weak European market

Period leaves, business and productivity: What do companies think?

Zomato's announcement led to a social media storm that raised various questions. In this podcast we try to find what companies think

Tata Steel, JSPL: Morgan Stanley bullish on steel stocks; do you own any?

Supported by strong domestic demand in China, healthy exports, and rebound in domestic demand, global brokerage Morgan Stanley believes the steel industry's profitability cycle is turning faster

Stock calls by Angel Broking: Buy Vinati Organics, Sell Tata Steel

On Friday, NRB Bearing's stock finally witnessed a breakout from the congestion zone

Tata Steel to focus on positive free cash flow in FY21: Chandrasekaran

With consolidated net borrowings of Rs 1,04,779 crore as on March 31, 2020, the company is also looking to bring down the debt level in the current fiscal

Tata Motors, Tata Steel, TCS: Here's how to trade Tata Group stocks

Among the lot, Tata Consumer Products (TCPL) has gained 27.5 per cent in the past month, outperforming the Nifty FMCG index, which has risen 1.5 per cent during the period

Hope Indian professionals are continued to be welcomed in US: Indian envoy

In June, President Donald Trump banned the entry into the US of workers in several key non-immigrant visa categories, including the H-1B until the end of the year

Tata Steel: Recovery in India business is keeping sentiment elevated

Reviving domestic prices along with improving product mix to aid growth

MARKET: Sensex slips 433 pts ahead of AGR hearing; Nifty Bank down over 2%

All that happened in the markets today

Tata Steel sinks into red, logs loss of Rs 3,337 crore in June quarter

Revenue from India operations stood at Rs9,145 crore, down 42 per cent from same period last year.