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D-Street Newsmakers: Tech Mahindra, PNB and Bajaj Auto among 10 stocks that hogged the limelight today

D-Street Newsmakers: Tech Mahindra, PNB and Bajaj Auto among 10 stocks that hogged the limelight today

Thu, Jan 25, 2024

Share market today: Nifty gave up 101.35 points, or 0.47 per cent during the session and settled at 21,352.6, while Sensex lost 359.64 points, or 0.51 per cent to close at 70,700.67.

In-Depth Discussion with Tata Steel's CEO T.V. Narendran on Q3 Numbers and Expansion Roadmap

In-Depth Discussion with Tata Steel's CEO T.V. Narendran on Q3 Numbers and Expansion Roadmap

Thu, Jan 25, 2024

Which companies' results came tomorrow? Which stocks to buy after the results? Know the analysis of the results from Anil Singhvi...

Tata Steel bounces back into profit in Q3 despite challenges in Europe ops

Tata Steel bounces back into profit in Q3 despite challenges in Europe ops

Thu, Jan 25, 2024

These mammoth projects in the highway, port and railway segments have generated a robust demand for steel and cement which is having a multiplier effect on growth.

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FinMin expects banks to get back over Rs 1 lakh cr with resolution of 12 major NPAs

FinMin expects banks to get back over Rs 1 lakh cr with resolution of 12 major NPAs

Sun, May 20, 2018

Enthused by successful conclusion of Bhushan Steel case, the Finance Ministry expects banks to write back more than Rs 1 lakh crore after the resolution of all 12 NPA cases referred to insolvency proceedings by the RBI it its first list. Last week, Tata Group acquired controlling stake of 72.65 per cent in the debt-ridden Bhushan Steel Ltd for around Rs 36,000 crore will help in cleansing the banking system as well as boost lenders profitability

Bhushan Steel takeover: Jindal congratulates Ratan Tata, Tata Group officials

Bhushan Steel takeover: Jindal congratulates Ratan Tata, Tata Group officials

Sat, May 19, 2018

Steel tycoon Sajjan Jindal today congratulated Tata Group Chairman Emeritus Rata Tata and Senior officials on the successful acquisition of bankrupt Bhushan Steel. He also exuded confidence that the Tata Group will "nurture" the good quality asset. Tata Steel Ltd has won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred to NCLT proceedings last year.

Bhushan Steel takeover: Jindal congratulates Ratan Tata, Tata Group officials

Bhushan Steel takeover: Jindal congratulates Ratan Tata, Tata Group officials

Sat, May 19, 2018

Steel tycoon Sajjan Jindal today congratulated Tata Group Chairman Emeritus Rata Tata and Senior officials on the successful acquisition of bankrupt Bhushan Steel. He also exuded confidence that the Tata Group will "nurture" the good quality asset.

Good news for Bhushan Steel employees, here is what Tata Steel said

Good news for Bhushan Steel employees, here is what Tata Steel said

Fri, May 18, 2018

TV Narendran, MD & CEO of Tata Steel, in an exclusive interview with Zee Business, said that the Tatas don't have any plan to delist Bhushan Steel and it will continue as it is for at least the next few years.

Tata Steel share price slips 3%, turns top Sensex loser even as company turns profitable in Q4

Tata Steel share price slips 3%, turns top Sensex loser even as company turns profitable in Q4

Thu, May 17, 2018

Tata Steel share price slipped over 3 per cent even as the company reported consolidated net profit of Rs 14,688.02 crore for the fourth quarter ended March, driven by an "exceptional" gain of Rs 11,376 crore. It had clocked a net loss of Rs 1,168.02 crore in the same quarter last year.

Tata Steel top gainer; gains 4% on NCLT approval for Bhushan Steel bid

Tata Steel top gainer; gains 4% on NCLT approval for Bhushan Steel bid

Tue, May 15, 2018

Tata Steel share price: The National Company Law Tribunal (NCLT) approved steel major's bid for debt-ridden Bhushan Steel. Reacting to the news, the stock gained as much as 4.29 per cent to Rs 636.30. It settled at Rs 624.05, up 2.29 per cent on the BSE.

NCLT approves Tata Steel's bid for Bhushan Steel

NCLT approves Tata Steel's bid for Bhushan Steel

Tue, May 15, 2018

The National Company Law Tribunal (NCLT) has approved Tata Steel's bid submitted by the resolution professional for Bhushan Steel. NCLT has dismissed Bhushan Steel employees' plea opposing Tata Steel's bid. The tribunal has also imposed a fine of Rs 1 lakh on the company.

Bhushan Steel sale: Liberty House back in race; UltraTech hopes up too in Binani Cement case

Bhushan Steel sale: Liberty House back in race; UltraTech hopes up too in Binani Cement case

Tue, Apr 24, 2018

Liberty House Group Pte had earlier filed an application with the NCLT with a prayer to declare illegal, a decision of the CoC of Bhushan Power and Steel which had refused to entertain an application for resolution plan submitted by Liberty in February.

Tata Steel's Dutch deal could threaten Thyssenkrupp venture: Union

Tata Steel's Dutch deal could threaten Thyssenkrupp venture: Union

Thu, Mar 29, 2018

The deal has been criticised by German labour representatives who argue that the Dutch business will dodge responsibility in the new joint venture while the German sites would bear the brunt of the risks. Talks to get the joint venture plan underway have been challenging from the start, with workers at both groups -- with plants in Germany, Britain and the Netherlands -- fighting for deals to protect jobs and sites in the volatile steel sector.

Tata Steel's Bhushan Steel bid emerges winner; price may hit Rs 35,000 cr mark

Tata Steel's Bhushan Steel bid emerges winner; price may hit Rs 35,000 cr mark

Fri, Mar 23, 2018

Tata Steel plans to double capacity to 26 million tonnes in five years. It recently commissioned a greenfield steel plant at Kalinganagar, Odisha. Bhushan Steel will help Tata Steel overtake JSW Steel to become the country's top steel producer. Bhushan Steel was on the RBI's first list of 12 companies to be referred to the National Company Tribunal Law (NCLT). Tata Steel had also participated in the bidding process for Electrosteel Steels Ltd. Its bid, however, has been challenged by Abhishek Dalmia-led Renaissance Steel India Pvt Ltd.

Tata Steel, SAIL, NMDC tank up to 7 pct; the China factor behind slump in metal stocks

Tata Steel, SAIL, NMDC tank up to 7 pct; the China factor behind slump in metal stocks

Mon, Mar 19, 2018

Worries about the potential for a US- China trade war and frustration over US President Donald Trump’s steel and aluminium tariffs also hurt investor sentiment.

Sensex live today: Index settles volatile session lower; Tata Steel top loser

Fri, Mar 09, 2018

Sensex today: In the broader market, the BSE Midcap and the BSE Smallcap indices were little changed. Market breadth, indicating the overall health of the market, turned positive. On the BSE, 711 stocks rallied, 485 stocks declined, while 62 stocks remained unchanged.

FAST MONEY: Tata Steel, Rain Industries among key intraday trading calls

FAST MONEY: Tata Steel, Rain Industries among key intraday trading calls

Fri, Mar 09, 2018

South Korea’s national security adviser made the announcement at the White House, after delivering a letter from Kim. Trump’s aides have been wary of North Korea’s diplomatic overtures because of its history of reneging on international commitments.

Larsen & Toubro moves NCLT seeking dues from Bhushan Steel on priority

Thu, Mar 08, 2018

Counsels appearing for L&T submitted before the bench that the company owes it Rs 9 billion (Rs 900 crore) in dues for supply of capital goods. The engineering and construction major has asked National Company Law Tribunal (NCLT) to acknowledge it as a secured creditor for Bhushan Steel.

Sensex live today: Index snaps six-session losing streak, up 318 points; SBI top gainer

Thu, Mar 08, 2018

Sensex today: The benchmark indices snapped six-session long losing streak on Thursday with the Nifty reclaiming its crucial 10,200 level after Asian shares found relief as fears about a global trade war amid US President Donald Trump’s push to introduce protectionist tariffs were tempered by sig

Nifty kicks off March series on positive note, ends at 10,492, Sensex up 325 points

Nifty kicks off March series on positive note, ends at 10,492, Sensex up 325 points

Fri, Feb 23, 2018

The Nifty50 settled the March series on a positive note, settling just a tad below its crucial 10,500, tracking Asian markets after comments from US Federal Reserve official eased worries about faster rate hikes in the United States.

One year of Tata chief Chandra: Group stocks rally up to 200%, add Rs 1.5 lakh cr to m-cap

One year of Tata chief Chandra: Group stocks rally up to 200%, add Rs 1.5 lakh cr to m-cap

Wed, Feb 21, 2018

N Chandrasekaran, fondly called Chandra, has completed a year as chairman of Tata Sons. Stabilisng the turbulance at Tata Group post a chaotic ouster of former chairman Cyrus Mistry, Chandra, the first non-Parsi chairman at Tata, took over the reins last year on February 21.

Sensex turns flat, Nifty trades below 10,400; PSU banks drag

Sensex turns flat, Nifty trades below 10,400; PSU banks drag

Tue, Feb 20, 2018

The benchmark indices turned flat after opening higher as gains in IT and metal stocks were offset by continued losses in public sector banks. Negative trend in Asian markets, which stalled their recovery post a slump in European equities also influenced the sentiment.

PSU banks, metals among 4 reasons why Sensex tanked over 400 points

PSU banks, metals among 4 reasons why Sensex tanked over 400 points

Mon, Feb 19, 2018

The S&P BSE Sensex and the Nifty50 extended losses on Monday as the session progressed even as global cues remained supportive. The 30-share Sensex slipped below its key psychological mark of 34,000, while the Nifty50 was heading towards its crucial 10,300 mark.

Sensex extends losses, dips 200 points; Nifty below 10,400

Sensex extends losses, dips 200 points; Nifty below 10,400

Mon, Feb 19, 2018

The benchmark indices extended losses as the session progressed even as global cues remained positive with the Asian markets ticking up, joining a global recovery.

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