Page 50 - Tata Steel

Tata Steel slips into red; reports Rs 1,228 cr net loss in October-December

Tata Steel had posted a consolidated net profit of Rs 1,753.07 crore during the same quarter a year ago, the company said in a BSE filing

Tata Steel Kalinganagar honoured at World Economic Forum 2020

Tata Steel Kalinganagar has been honoured at the World Economic Forum (WEF) 2020 for its recent admittance into the Global Lighthouse Network. The network is a small but growing group of global corporations that are showing leadership in applying fourth industrial revolution technologies to drive financial and operational impact. Tata Steel's CEO & MD T V Narendran, who represented the company at the WEF 2020 held in Davos, accepted the award at the World Economic Forum, a Tata Steel release said. In July 2019, TSK became the first and only Indian manufacturing plant to be included in the WEF's Lighthouse Network, when 10 new factories, including TSK, were added to the Global Lighthouse Network. Tata Steel's IJmuiden plant in the Netherlands is already a member of this network, it said. "It is a proud moment for all of us as Tata Steel Kalinganagar (TSK) joins the prestigious Lighthouse Network of the World Economic Forum. TSK has the distinction of featuring several firsts in the

Mining is one of the growth areas for Tata Steel: CFO Koushik Chatterjee

The company has chalked out a master blueprint for growth in India over the next decade, Tata Steel CFO tells Ishani Ayan Dutt

Top 10 biz headlines: IIP contracts, Honda suspends Manesar plant, and more

From festive passenger vehicle sales to Alibaba's Singles' Day sales hitting $38 billion, here are the top headlines for the day

Tata Steel's Dutch subsidiary raises euro 1.75 bn to refinance debt

Tata Steel Netherlands Holdings B V (TSNHBV), a 100 per cent subsidiary of Tata Steel Ltd, has raised the long-term fund

Tata Steel gains 2% as domestic sales volume grows 17% QoQ in December qtr

The company said that steel prices are expected to improve further with strong retail demand and ongoing restocking demand at the dealers' ends.

Tata Steel India Q3 production volume marginally up to 4.46 MT in FY20

The branded product and retail segment grew 23% QoQ, while industrial products and projects grew 12% QoQ

Auto scrappage policy targeting CVs a way to start revival: Sajjan Jindal

If we are to become a $5 trillion economy, then we need at least 7 per cent to 8 per cent GDP growth, if not higher, says Sajjan Jindal

Tata Steel 'can't keep funding losses' at UK's Port Talbot plant: Chairman

He emphasised that the Port Talbot steelworks in Wales, one of the largest in Europe, needed to be "self-sustaining" in an interview with the Sunday Times

Odisha gets 255 bids for auction of 20 merchant blocks; 87 firms in fray

All top steel makers, secondary steel players, sponge iron producers, pellet manufacturers and merchant miners from Goa and Odisha are vying for the blocks on offer

Focus on 'cost of biz' to make industries more competitive: Tata Steel MD

'We have seen some signs of improvement in the last few months of 2019', said T V Narendran

Tata Steel Europe has no option, but to cut jobs to curtail costs: Analyst

Tata Steel Europe's current production capacity stands at 12.5 million tonne and it has 21,000 employees

Metal shares gain as Trump signs phase one trade deal with China

Hindustan Copper Limited climbed 4.8 per cent, followed by Vedanta Limited (4.37 per cent), Tata Steel (3.8 per cent), SAIL (3.6 per cent), and Jindal Steel (3.4 per cent)

Today's picks: GAIL to Tata Steel, hot stocks to watch on Wednesday

Tata Steel , GAIL, ITC, NIFTY

Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits

Tata Steel on Monday said it has introduced a new human resource policy that enables its employees from the LGBTQ+ community to declare their partners and avail all HR benefits permissible under the law. With its vision to provide equal opportunity to the employees, it has been an endeavour of the company to create an enabling workforce for all diverse groups, respecting and embracing the differences in the individuals, the steel maker said in a statement. "Partners mean people of same-sex living like a married couple," it said. LGBTQ+ refers to lesbian, gay, bisexual, transgender, questioning and related communities. Under the expanded diversity and inclusion (D&I) policy, Tata Steel employees and their partners will be able to avail a host of benefits including health check-up, medical facilities, adoption leave, new-born parent and child care leave, and inclusion in employee assistance programme (EAP). Employees will also get financial assistance for gender ...

Tata Steel confirms 3,000 job cuts in Europe, 1,000 of those in UK

The job cuts had been announced by Tata Steel last week as part of a wider transformation programme

Tata Steel confirms 1,000 job cuts in UK as talks with workers kick off

The job cuts were announced by the Indian steel major last week as part of a wider transformation programme as it blamed ongoing losses and continued global headwinds faced by the steel industry

Analysts see Tata Steel stock rising in 2020 as firm revamps Europe biz

Tata Steel has been closing and selling plants in the UK since the 2008 financial crisis to make its business there more profitable

Probe finds Tata Steel, SKF, Schaeffler units colluded on bearings prices

Competition Commission of India (CCI) began an investigation in 2017 after receiving allegations of five companies colluding on bearings prices from 2009-2014.

Tata Steel's cost rationalisation plan for Europe credit positive: Moody's

The European operations made up 35% of Tata Steel's total shipments in H1 of FY20, but generated only 2.4% of its reported consolidated EBITDA