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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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Tata stocks in focus as Board boots out Cyrus Mistry

Tata stocks in focus as Board boots out Cyrus Mistry

Tue, Oct 25, 2016

The Mistry family is the second largest shareholder in Tata Sons with over 18% stake. Media reports said that the family has decided to take legal action against the Board for not following due procdure before sacking Mistry.

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Here's how Tata shares performed during Cyrus Mistry's 4 year reign

Mon, Oct 24, 2016

Mistry had took over the seat four years back, in December 2012, when Ratan Tata decided to become 'angel' for startups.

Coking coal may spoil the recovery party of India's steelmakers

Coking coal may spoil the recovery party of India's steelmakers

Wed, Oct 12, 2016

A sharp rise in coking coal prices is likely to hamper profitability and the deleveraging process of domestic steel companies of India, said a ratings agency. Coking coal is a vital input material used in the production of steel.

Nifty 50 companies may post 6% profit growth in Q2FY17

Nifty 50 companies may post 6% profit growth in Q2FY17

Tue, Oct 11, 2016

Stock breadth has been positive in the current calendar year so far, with 36 Nifty shares trading higher.

LIVE: Sensex, Nifty up 0.2%; Tata Steel gains

Mon, Oct 10, 2016

Indian markets are expected to follow Asian markets to open in green on Monday October 10, 2016. At 838 hours, Singapore's SGX Nifty was trading at 8,744 points, up 0.34%

Tata Steel may be close to pension deal

Tata Steel may be close to pension deal

Sun, Oct 09, 2016

The steel pension scheme is one of Britain's biggest, with 130,000 retired and working members.

Tata Steel shares jump 3.63% on strong September steel production

Tata Steel shares jump 3.63% on strong September steel production

Fri, Oct 07, 2016

Tata Steel’s hot metal production grew by 17% to 3.12 million tonnes (MT) from 2.66 MT in September 2015.

India extends steel floor prices to December 4 to curb cheap imports

India extends steel floor prices to December 4 to curb cheap imports

Wed, Oct 05, 2016

India extended a floor price for imports of steel products for a further two months late on Tuesday as the government tries to protect the domestic industry from cheap overseas shipments, especially from China.

Tata Steel plans to double capacity of Kalinganagar plant in 2nd phase of expansion

Tata Steel plans to double capacity of Kalinganagar plant in 2nd phase of expansion

Thu, Sep 29, 2016

Tata Steel is making good progress on acquiring the land it needs to double the capacity of its newest steel plant in Odisha to meet growing demand in the country, a company executive said.

British Steel back in profit after spin-off from Tata Steel

British Steel back in profit after spin-off from Tata Steel

Thu, Sep 29, 2016

British Steel has returned to profit by boosting efficiency after being hived off as a loss-making division from India's Tata Steel in April, Executive Chairman Roland Junck said on Thursday.

Tata Steel to pay Rs 130 crore as annual bonus to its employees

Tata Steel to pay Rs 130 crore as annual bonus to its employees

Tue, Sep 20, 2016

For Divisions at Jamshedpur including Tubes Division, an amount of Rs 75.77 crore would be distributed as annual bonus among 15,575 employees.

"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry

"Challenging situations" call for hard decisions on portfolio: Cyrus Mistry

Wed, Sep 14, 2016

Mistry said each of the group companies is charting its own strategy and growth story, with the focus on sustainable and profitable growth.

European steel mills to remain under pressure from imports: Tata Steel

European steel mills to remain under pressure from imports: Tata Steel

Tue, Sep 13, 2016

Hans Fischer, MD & CEO of Tata Steel in Europe, said, "Modest forecasted growth in European steel demand this year is still being undermined by increased imports which is leading to continued declines in domestic deliveries. That's why its vital we continue every effort to improve our competitiveness."

Tata Steel's net loss widened to Rs 3183 crore; Europe business declines by 12%

Tata Steel's net loss widened to Rs 3183 crore; Europe business declines by 12%

Mon, Sep 12, 2016

T V Narendran, Managing Director of Tata Steel said, " Seasonal headwinds and a slowdown in a large steel consuming sector like real estate affected steel demand in the quarter. While regulatory changes have supported stem the flood of imports, domestic supply has increased and added to the competitive pressure.

Tata Steel shares drop by over 5% ahead of earnings

Tata Steel shares drop by over 5% ahead of earnings

Mon, Sep 12, 2016

Recently, Thyssenkrupp was in merger talks with Tata Steel's European steel business.

Equity indices open 1.5% down; Sensex tanks 440 points

Equity indices open 1.5% down; Sensex tanks 440 points

Mon, Sep 12, 2016

The shares of Tata Steel will be in focus as the company will be announcing its financial results for the quarter ended on June 30.

British steel workers face prospect of pension quick fix

British steel workers face prospect of pension quick fix

Fri, Sep 09, 2016

A steel industry plan to change its pension scheme and allow the sale of Tata's British operations is likely to be scrapped in favour of a fix that avoids a political row, government and industry sources told Reuters.

Thyssenkrupp steel workers protest European biz merger plans with Tata Steel

Thyssenkrupp steel workers protest European biz merger plans with Tata Steel

Wed, Aug 31, 2016

Several thousand steel workers at Thyssenkrupp on Wednesday protested management's plans for a merger of its European steel business with that of Tata Steel as well as possible site closures.

Tata group firms team up with Harvard, Yale universities for R&D opportunities

Tata group firms team up with Harvard, Yale universities for R&D opportunities

Mon, Aug 29, 2016

Tata group firms such as Tata Sons, Tata Consultancy Services (TCS) and Jaguar Land Rover (JLR) have signed agreements with the world's leading academic institutions, including Harvard University, to fund research and development (R&D) opportunities.

Top steel firms' debt level totals record $150 billion

Top steel firms' debt level totals record $150 billion

Thu, Aug 18, 2016

EY said in a report published on Thursday steel firms took on debt as they fought for market share, notably the Chinese steel sector has added about a billion tonnes of capacity since 2000, helping to take global excess capacity to about 700 million tonnes.

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