Page 30 - Tata Steel

Tata Steel bets on digital, IT tools to optimise costs, streamline ops

The steel manufacturer has built in-house data science capability with over 400 employees trained in data analytics, data engineering and Agile

Tata Steel likely to offer packaging assets in Thyssenkrupp JV talks

Offering some packaging steel assets would address one of the areas that have been singled out by the European Commission in its review

Tata Steel, Thyssen on collision course with European Commission over JV

The two companies last year struck a deal to combine their European steel units to create the continent's second-largest steelmaker after ArcelorMittal.

Tata Steel bets big on downstream after Bhushan Steel, Usha Martin takeover

Firm aims to achieve at least 30% volume sales from downstream products by 2025, ramp up India crude steel capacity to 30 mtpa from 18.6 mtpa currently

Tata Steel approves plans to raise Rs 5,000-cr through greenshoe, NCDs

The date of allotment has been fixed as March 1, 2019, while the date of maturity would be March 1, 2034

Moody's upgrades Tata Steel corporate family rating to Ba2; outlook stable

The upgrade reflects the sustained improvement in the company's credit profile, stemming mainly from strong operating efficiencies and vertical integration, Moody's said

Tata Steel to focus on automobiles, BPRS after Kalinganagar expansion

Tata Steel has pledged a capital expenditure of Rs 23,500 crore on scaling up capacity of the Kalinganagar project from three million tonnes per annum to eight million tonnes per annum

Tata Steel to develop Subarnarekha river port in 4-5 yrs for Rs 3,000 cr

CM Naveen Patnaik will lay the foundation stone for the Subarnarekha port on February 13

Tata Steel, Thyssenkrupp set to get EU warning on steel JV: Report

The European Commission is expected to send a charge sheet known as a statement of objections to the companies.

Tata Steel Q3 profit up 54% to Rs 1,753 cr on the back of higher revenues

Tata Steel's consolidated gross debt has declined by Rs 9,083 crore during the quarter

Tata Steel Q3 consolidated net profit rises over 54% to Rs 1753 crore

The company had posted a net profit of Rs 1,135.92-crore for the same quarter a year ago, according to a regulatory filing

Stake sale in South East Asia biz to improve Tata Steel's plan: Fitch

Tata Steel's wholly owned subsidiary T S Global Holdings signed definitive agreements with HBIS Group to divest majority stake in its South-East Asia business

Tata inks pact with HBIS Group, divests stake in steel biz for $327 million

The move will help management focus better on India expansion plans, say analysts

Tata Steel to divest majority stake in Southeast Asia biz to China's HBIS

The divestment will be made to a company, in which 70 per cent equity shares will be held by an entity controlled by HBIS and 30 per cent will be acquired by TSGH

Abandoned Tata Steel project gives double benefits to Bastar tribals

Those who vehemently protested pay the price

WEF recognises Tata Steel's Netherlands plant as 'factory of the future'

Assessing more than 1,000 factories in 2018, the WEF recognised Tata Steel's IJmuiden plant and six others as 'Manufacturing Lighthouses' state-of-the-art production facilities

Tata Steel hits 18-month low on weak Q3 sales volume

The stock down 3% at Rs 477, its lowest level since June 15, 2017, after the company said lower production and adverse product mix in Europe will impact financial results.

Deleveraging is an enterprise priority for Tata Steel: Koushik Chatterjee

Bhushan Steel fundamentally is a good asset. Our integration process is on course, says Tata Steel CFO Koushik Chatterjee

Land acquired for Tata Steel plant in Chhattisgarh to be given back

In 2005, Tata Steelhad signed an agreement with BJP government for setting a steel plant with an investment of around Rs 195 billion

Andreas Goss to lead Thyssenkrupp and Tata Steel's European venture

Andreas Goss, the head of Thyssenkrupp's steel division, will become the chief executive of the entity, which will be Europe's second-largest steelmaker after ArcelorMittal.