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%
Demands domestic steel price monitoring, regulation mechanism
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
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.
In the first quarter of FY21, Tata Steel Europe's EBITDA loss was at Rs 626 crore, owing to a weak European market
Zomato's announcement led to a social media storm that raised various questions. In this podcast we try to find what companies think
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
On Friday, NRB Bearing's stock finally witnessed a breakout from the congestion zone
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
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
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
Reviving domestic prices along with improving product mix to aid growth
All that happened in the markets today
Revenue from India operations stood at Rs9,145 crore, down 42 per cent from same period last year.
The company had posted a consolidated net profit of Rs 714.03 crore during the same period a year ago, Tata Steel said in a BSE filing
Improving realisations and cheaper raw material should help profitability, though domestic demand is yet to reach pre-Covid levels
The proposal for the government to take an equity stake and in effect part nationalise the plant is said to be one of the options under discussion.
He succeeds Sunil Duggal, who is now leading the group company, Vedanta Limited, as its chief executive officer.
Ministers have placed stringent conditions on Project Birch cash, including demanding that it helps achieve its target of net-zero carbon emissions by 2050 and that jobs are not lost
According to a person in the know, group firms affected the most were the airline, hotel, housing, and financial services verticals.