Govt should sort out internal challenges: Tata Steel

Last Updated: Saturday, August 15, 2015, 17:13

The government should sort out internal challenges at a time when the domestic steel industry is facing challenges from China, Tata Steel Managing Director (India and South East Asia) T V Narendran said Saturday.

Tata Steel shareholders clear proposal to raise Rs 10,000 cr

Last Updated: Thursday, August 13, 2015, 20:41

In a BSE filing, the firm said its shareholders approved "further issuance of securities not exceeding Rs 10,000 crore."

SAIL's expansion prog planning, execution not efficient: CAG

Last Updated: Wednesday, August 12, 2015, 18:11

The modernisation and expansion programme of state-owned steel major SAIL has been marred by project delays and its implementation has been inefficient at all stages, including tendering and cost overruns, government auditor CAG said Wednesday.

Tata Steel shares trim early gains; up nearly 1% at close

Last Updated: Wednesday, August 12, 2015, 18:02

Trimming most of its early gains, shares of Tata Steel ended nearly one percent higher Wednesday on profit-taking in an overall weak broader market.

Tata Steel sells 2.18% stake in Titan to Tata Sons

Last Updated: Tuesday, August 11, 2015, 22:03

In a BSE filing, the Mumbai-based firm said: it "has on August 11, 2015 sold 1,93,87,920 shares (2.18 per cent) of Titan Company Ltd to Tata Sons Ltd through a market sale for a net consideration of Rs 637.46 crore."

Tata Steel Q1 Net jumps over 2-fold, sells non-core assets

Last Updated: Tuesday, August 11, 2015, 21:37

The Mumbai-based steel giant had posted a net profit of Rs 337.33 crore in the corresponding quarter of last fiscal.

Posco, Uttam Galva to set up $3-bn steel plant in Maharashtra

Last Updated: Tuesday, August 11, 2015, 19:57

It will initially build 1.5 million tonne per annum (MTPA) plant with a new technology from Posco at a cost of about USD 1.5 billion.

Tata Steel to commission Kalinganagar project by December

Last Updated: Saturday, August 8, 2015, 20:49

Kalinganagar plant is the largest single location Greenfield steel project in India.

Tata Steel's iron ore dispatch in Jharkhand takes a hit

Last Updated: Thursday, August 6, 2015, 12:14

Tata Steel on Thursday said the stoppage of issuance of challans by the Jharkhand government has blocked the dispatch of iron ore from its Noamundi iron ore mine in the state to its steel plant in Jamshedpur.

Talks with Klesch Group discontinued: Tata Steel

Last Updated: Wednesday, August 5, 2015, 23:05

Tata Steel Wednesday said talks with Switzerland-based Klesch Group for sale of its Long Products Europe business have been discontinued.

Tata Steel completes UK business move

Last Updated: Tuesday, August 4, 2015, 18:31

Tata Steel has completed the move of incorporating its Long Products Europe (LPE) division into a new standalone wholly-owned subsidiary within its European operations to create a sustainable future.

ArcelorMittal expects India to be active on M&A in steel, mine

Last Updated: Tuesday, August 4, 2015, 16:02

Global steel giant AreclorMittal expects merger and acquisition (M&As) activity in the Indian steel and mining industry, though at a slower pace, even as the sectors are going through an economic downturn.