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Tata Steel News
Fast Money: These 20 shares will help you earn more today, January 9th, 2019
Wed, Jan 09, 2019
In this segment of Zee Business know which shares will help you earn more today, January 9th, 2019. Watch full video for more info.
Markets Update: Sensex closes 181 points higher, Nifty above 10700
Fri, Jan 04, 2019
Indian stock markets ended Friday's volatile session on a positive note. Sensex closed 181 points higher while Nifty above 10700. Watch full video to know more.
Fast Money: These 20 shares will help you earn more today, Jan 4th, 2019
Fri, Jan 04, 2019
In this segment of Zee Business know which shares will help you earn more today, Jan 4th, 2019. Watch full video for more info.
Fast Money: These 20 shares will help you earn more today, Jan 3rd, 2019
Thu, Jan 03, 2019
In this segment of Zee Business know which shares will help you earn more today, Jan 3rd, 2019. Watch full video for more info.
Fast Money: These 20 shares will help you earn more today, Jan 02nd, 2019
Wed, Jan 02, 2019
In this segment of Zee Business know which shares will help you earn more today, Jan 02nd, 2019. Watch full video for more info.
Prashant Jhawar hails Usha Martin sale to Tata Steel
Tue, Dec 04, 2018
Prashant Jhawar, former chairman of Usha Martin, on Monday hailed Tata Steel's purchase of its steel and rope business, saying the acquisition will be beneficial to all stakeholders of the beleaguered firm.
Usha Martin will help Tata Steel to grow in long products: TV Narendran, Tata Steel
Thu, Nov 22, 2018
Trade issues are disturbing things a bit like trade flows and talks are there on the way they will have an impact on the Chinese market, said TV Narendran.
Tata Sponge, Usha Martin will create a nucleus for long product growth: TV Narendran, Tata Steel
Fri, Nov 16, 2018
TV Narendran, MD & CEO, Tata Steel, spoke about the quarter results, growth expectations, and steel pricing among others during an exclusive interview with Zee business.
Tata Steel reports three-fold jump in second-quarter profit
Tue, Nov 13, 2018
Indian steelmaker Tata Steel Ltd reported a more than three-fold rise in second quarter net profit on Tuesday, handily beating market estimates, helped by strong sales in India.
Tatas start investing in Odisha SEZ
Thu, Nov 08, 2018
Tata Steel’s upcoming special economic zone (SEZ) at Gopalpur in Odisha has started investing in creating infrastructure under the first phase of the project, just days ahead of approval expiry deadline in the middle of November.
Usha Martin unit goes to Tata Steel as feuding promoters bury their hatchet temporarily
Tue, Oct 30, 2018
The faction led by Prashant Jhawar, the co-promoter and ousted chairman of Usha Martin with more than 25% shareholding, has decided to approve the deal at the upcoming meeting of the shareholders. Jhawar, however, is still critical of the current management headed by Rajeev Jhawar and may pursue the case he is currently fighting in the court.
Tata Steel for higher capacity utilisation in Bhushan Steel
Sun, Sep 30, 2018
After acquiring debt-laden Bhushan Steel through the insolvency and bankruptcy process, Tata Steel is now aiming to raise its production to 4 million tonne (MT) by the end of the current fiscal, an official said.
Tata Steel buying Usha Martin steel business, to pay up to Rs 4,700 crore; Details here
Sat, Sep 22, 2018
Tata Steel Saturday announced that it will acquire the steel business of Usha Martin Limited (UML) for Rs 4,300-4,700 crore.
Thyssenkrupp to keep on implementing steel JV with Tata: CEO
Thu, Sep 20, 2018
The implementation of the landmark deal, signed in late June, was stalling over the sudden departure of Thyssenkrupp`s CEO Heinrich Hiesinger, the main architect of the transaction: Media reports
Substantial debt may impact company's ability to raise finance: Tata Steel
Tue, Aug 28, 2018
On the financial risks facing Tata Steel, it said, fluctuation in foreign exchange rates due to volatility in financial markets is likely to impact the company's debt servicing and create uncertainties in accessing the financial markets.
Tata Steel says positive growth in steel sector, trend to continue
Wed, Aug 15, 2018
Tata Steel Ltd CEO and Managing Director T V Narendran today said the steel sector has been witnessing a positive growth and this trend will continue with improving economic activities across the world.
Tata Steel first quarter profit more than doubles
Tue, Aug 14, 2018
Tata Steel Ltd's quarterly net profit more than doubled, but still came in well below market expectations, hurt by rising expenses and a one-off charge.
Big steel companies buying stressed assets will boost consolidation
Mon, Aug 06, 2018
The National Company Law Tribunal (NCLT) in May this year approved Tata Steel's resolution plan for debt ridden Bhushan Steel under the Insolvency and Bankruptcy Code (IBC). The NCLT also gave its approval to the also consortium of JSW Steel and AION Investments Private II Ltd to acquire cash-strapped Monnet Ispat and Energy last month.
Slowdown in core sectors hits TRF, Tata Steel rushes to rescue
Tue, Jul 31, 2018
With continued slowdown in core sectors, particularly construction, many of TRF’s clients have gone for insolvency, and the company is in deep red now and the losses have eroded its net worth. In such times, “related party” transaction with Tata Steel, which owns 34.11% in TRF, would help in tiding over the crisis to some extent, believes the company.
Tata Steel keen to exit SE Asia operations, other non-scalable assets
Fri, Jul 20, 2018
"We are looking at all the assets, which are either sub-scale, non-core or whatever, or which can be simplified. We are looking at divesting them," Tata Steel chairman N Chandrasekaran told the shareholders at the annual general meeting here.