Page 15 - Tata Steel

Tata Steel arm, Jindal Stainless sign MoU for chrome ore mining in Odisha

Tata Steel Mining Ltd and Jindal Stainless Ltd signed an MoU to jointly unearth chrome ore locked up in the boundary between their mines located at Sukinda in Odisha's Jajpur district

Tata Steel's Jharia division commissions 2MTPA coal plant in Jharkhand

Tata Steel has set up a 2 million tonne per annum (MTPA) coal preparation plant at Jamadoba under its Jharia division, the steel giant said on Friday. Tata Steel's Jharia division has taken several initiatives of automation and digitalisation which has helped in improving operational excellence. "In line with its mechanisation and modernisation programme, Tata Steels Jharia division has commissioned the state-of-the-art 2 MTPA coal preparation plant and 400 kilovolt-ampere (kVA) Uninterrupted Power Supply (UPS) for Main Mechanical Ventilator at Jamadoba colliery," Tata Steel said in a statement. These facilities were inaugurated by D B Sundara Ramam, Vice President (Raw materials), Tata Steel in the presence of Sanjay Rajoria, General Manager, Jharia division. Built from cutting-edge technology, the 2 MTPA coal preparation plant has been transformed from the oldest running washery in Asia (in operation since 1952) to one of the most modern washeries across the globe.

Tata Metaliks reports Rs 94.72 crore net profit for June quarter

The firm was helped higher sales and price realisation

CARE Rating upgrades Tata Steel's credit outlook; stock nears record peak

Tata Steel's focus on the growing India market, highest exposure to high-priced flat products, and full iron ore integration till CY30, makes it an attractive long-term play, say analysts

Stocks to watch: TCS, Bharat Dynamics, Tata Steel, BoB, Delta Corp

CARE upgraded long term credit rating for Tata Steel to AA+ from AA and the outlook to Stable from Negative

Sensex closes above 53,000 for the first time ever, adds 193 pts

Nifty 50 index rose 61 points, or 0.4 per cent, to end at a new lifetime high of 15,879.65

Tata Steel outlines Rs 10,000-12,000 cr annual India capex over next 5 yrs

As against a $1 billion annual debt reduction target, the company is likely to reduce gross debt by over $2 billion in FY22

Tata Steel June quarter crude steel output jumps over 43%; sales up 35%

Consolidated crude steel output was at 7.94 million tonne (MT) during the quarter

Tata Steel April-June crude steel output up 55% YoY to 4.62 million tonnes

Production falls sequentially as company diverts industrial oxygen for medical use

Tata Steel ramps up financials amid Covid; recommends highest ever dividend

Firm reduced net debt by Rs 29,390 crore taking consolidated net debt to Rs 75,389 crore in FY21

With massive investment plans, steel leads India Inc's capacity expansion

Several top companies, led by steel majors ArcelorMittal Nippon Steel India (AM/NS India), JSW Steel, Tata Steel and Hindalco, are planning to expand capacity in the next few quarters

Stocks to watch: Power Grid, SBI, Tata Steel, CESC, Federal Bank, Wipro

SBI Board is slated to meet on June 21 to consider a fundraising plan for FY22

Street signs: Shyam GMP at 35%, demand recovery to aid Power PSUs & more

Tata Steel is expected to see huge inflows from ETFs over the next week.

Relief for Tata Steel as revenues rise faster than liabilities in FY21

Debt reduction led to sharp improvement in leverage ratio

Tata Steel global CEO and group ED get remuneration raise for FY21

Average percentage decline in employees' salary 2.6% due to pandemic

Investors shun top FMCG stocks amid market rally; Tata Consumer outlier

M-cap of top 10 firms has risen 12% in 1 year, against 42% rally in Nifty50

Tata Steel BSL sets up 100-bed Covid hospital near its plant in Odisha

Tata Steel BSL has set up a 100-bed Covid-19 hospital facility near its plant in Odisha's Dhenkanal district

Tata Steel Mining successful resolution applicant for Rohit Ferro-Tech

The Committee of Creditors (CoC) of Rohit-Ferro Tech Ltd has declared Tata Steel Mining as the successful resolution applicant for the insolvent ferro alloy manufacturing company

Stocks to watch: PNB, IndiGo, MRF, Tata Steel, Equitas SFB, RBL Bank

The Reserve Bank of India (RBI) approved the re-appointment of Vishwavir Ahuja as the Managing Director & CEO of RBL Bank, for a further period of one year, with effect from June 30, 2021

Tata Steel Mining gets successful resolution applicant for Rohit Ferro-Tech

Tata Steel Mining Limited (TSML) has been declared as the successful resolution applicant by the creditors of Rohit Ferro-Tech Limited, steel major Tata Steel said on Sunday.