Page 29 - Tata Steel

Tata Steel to seek shareholders' nod to re-appoint Narendran as CEO and MD

Tata Steel is seeking the consent of shareholders for reappointment of Narendran as CEO and MD for a period of five years with effect from September 19, 2018

Tata Steel is on a home run: EBITDA rises from domestic operations

The India basket grew after Tata Steel completed its acquisition of Bhushan Steel under the Insolvency and Bankruptcy Code process and its subsidiary, Tata Sponge, acquired Usha Martin

Tata Steel to develop 40 high-end products at Kalinganagar unit, trials on

New products being designed mainly for auto, oil & gas sectors; firm is raising plant capacity from three mtpa to eight mtpa

Tata Steel completes acquisition of Bhushan Energy for Rs 800 crore

Pursuant to the acquisition, the company holds 99.99 per cent of the total equity share capital of BEL

NCLT approves Tata Steel's bid for Bhushan Energy; rejects objections

As part of the plan, Tata Steel will offer an upfront payment of Rs 730 crore

Tata Steel can withstand 20% drop in EBITDA over next 2 years: S&P Global

High growth investment to limit Tata Steel's debt reduction plan

Structurally, we're much stronger now, says Tata Steel's T V Narendran

We have restructured the European business and shrunk it from 18 million tonnes to 10 million tonnes. The India business, on the other hand, has grown to 18 million tonnes, he said

ThyssenKrupp JV blow a tad credit-negative for Tata Steel, says S&P

The collapse of Tata Steel's proposed joint venture with German conglomerate Thyssenkrupp is "marginally credit negative" for the Indian steel major, a global rating agency has said. The steel major's Indian operation will largely be able to offset the impact of the collapse, it said. "Tata Steel Ltd and Thyssenkrupp AG's decision to cease efforts on their proposed Europe joint venture is marginally credit negative for Tata Steel," S&P Rating said in a bulletin in the wake of the development. This is likely to depress the ratio of funds from operations (FFO) to debt by about 100 basis points across our forecast horizon, it said. Tata Steel and the German conglomerate decided to call off their proposed steel joint venture (JV), expecting the deal to be rejected by the European Commission over "continuing concerns". "The cancellation of the joint venture will also leave Tata Steel exposed to the weaker and more volatile performance of the European operations until the

India business to offset impact of Tata Steel Europe deal falling through

Domestic prospects remain firm, but Street will still be watchful of deleveraging and incremental cash generation

Deal signed for divestment in Tata Steel's subsidiary Al Rimal Mining

Tata Steel through its wholly owned indirect subsidiary, Tata Steel Global Minerals Holdings, held 70 per cent equity stake in Al Rimal Mining

Tata Steel eyes companies in NCLT list for long products expansion

No plans to put up integrated steel plants, says MD & CEO

Fire at Tata steelworks plant in Wales under control, no major injuries

A series of blasts were heard from Tata's steel plant at the Port Talbot site in South Wales Friday morning

Tata Steel reports higher-than-expected net profit of Rs 2,431 crore for Q4

Company recommends merger ratio of 15 shares of Tata Steel BSL for every 1 share of Tata Steel

Tata Steel Q4 profit falls 84% to Rs 2,295-cr; total income at Rs 42,913-cr

The company had clocked a net profit of Rs 14,688.02 crore in the corresponding quarter of the previous financial year

New campaign 'We Also Make Tomorrow' adds zing to Tata Steel's brand recall

Launched in Sept, 'We Also Make Tomorrow' draws over 9 million YouTube views, 330 million impressions

'We Also Make Tomorrow' mantra burnishes Tata Steel's brand recall

Focused in the company's environmental commitment, the Campaign draws over nine million You Tube views, 330 million impressions

Tata Steel posts record Indian output after acquisition of Bhushan assets

Tata Steel has been shifting its focus to India, where demand is growing

Tata Steel says it supports logic of joint venture with ThyssenKrupp

Tata Steel and ThyssenKrupp had proposed to combine their steel operations Europe, which would form the region's second-biggest steelmaker.

ThyssenKrupp, Tata Steel offer concessions to allay EU antitrust concerns

The EU competition regulator, which did not provide details of the concessions, extended its deadline for a decision on the deal to June 5 from May 13

Tata Steel's Gopalpur Industrial Park attracts Rs 2,500-cr investment

Likely to generate over 3,000 jobs