Page 31 - Tata Steel

Tata Steel falls for fifth straight session, stock hits 18-month low

Tata Steel hit an 18-month low of Rs 493, down 2%, falling for fifth straight trading session on worries over slower demand.

Thyssenkrupp, Tata Steel near decision on steel JV board: Report

Andreas Goss, head of Thyssenkrupp's steel unit, is the front runner to become chief executive of the JV, which will be Europe's second-largest steelmaker after ArcelorMittal, people in the know said

Favourable domestic realisations, deals to keep Tata Steel's prospects firm

The profitability trend is likely to continue, aided by supportive domestic steel prices, turnaround in acquired Bhushan Steel operations, and Kalinganagar expansions

Tata Steel to focus on upping long product business going ahead

We have enough flat downstream capacity at present, says Narendran

Structurally India is a better place to produce steel: Tata Steel CEO & MD

If the quality of competition improves, everyone is on their toes, says Tata Steel CEO and MD T V Narendran

Tata Steel Q2 net profit jumps over three-fold to Rs 31 bn on strong sales

Steelmaker handily beats Street expectations

Tata Steel's new campaign to align the brand more closely with consumers

The steel giant highlights the role of its brand in the daily humdrum of existence, focuses on consumer facing products in its new campaign

Tata Steel plans expansion, eyes installed capacity of 30 mt by 2025

At present, Tata Steel has a capacity of about 18.5 mn tonnes

Tata Steel may not increase earlier bid of Rs 170 bn for Bhushan Power

Around 90 per cent of lenders of Bhushan Power and Steel Ltd (BPSL) has voted in favour of JSW Steel's bid of more than Rs 190 billion, sources told PTI

Tata Sponge is vehicle for acquiring Usha Martin steel business

 The board had done so, went the statement, after having evaluated independently the asset, financial forecasts, synergies, prospects and risks; also, the funding options

Tata Steel to keep investments on Kalinganagar downstream cluster at bay

Steel maker's decision stems from recent acquisitions of Bhushan Steel and speciality steel producer Usha Martin

Tata Steel ties up with Netherlands' Nouryon for carbon neutrality

The companies will together explore the feasibility of a water electrolysis facility to produce hydrogen and oxygen at Tata Steel's IJmuiden steelworks in the Netherlands

Usha Martin to seek shareholder nod for business sale to Tata Steel

The requisite majority for the special resolution to go through is 75 per cent of the votes

Tata Steel's domestic production higher by 2.18% at 3.27 mt in Sept Q2

Tata Steel India's Q2FY19 production was higher mainly due to better plant availability; sales increased 7 per cent quarter on quarter with higher demand from the market

Tata Steel likely to invest Rs 3-4 bn in Usha Martin in FY20: Report

India Ratings said that the acquisition is credit neutral for TSL

Proposed acquisition of Usha Martin's steel biz is credit positive: Moody's

The transaction remains subject to various regulatory approvals and is likely to close over the next six to nine months

Tata Steel is eyeing synergies with Usha Martin's Jamshedpur facility

The deal would give Tata Steel an opportunity to consolidate its presence in iron ore and coal sector in Jharkhand and leverage its mining capabilities

Tatas to acquire Usha Martin's steel business for up to Rs 47 billion

Transaction value is in the range of Rs 43-47 billion

Tata Steel signs definitive agreement for acquisition of Usha Martin

All the employees pertaining to the steel business will transfer as part of the acquisition, informed Tata Steel

Ind-Ra affirms stable outlook to Tata Steel's long-term issuer ratings

Instruments with 'IND AA' rating are considered to have high degree of safety regarding timely servicing of financial obligations and such instruments carry very low credit risk, according to Ind-Ra