Raw material concerns limit the company's Gopalpur ferrochrome hub capacity to 55,000 tpa
The centre will conduct research to develop advanced materials
After the policy revision, even those companies with captive mining leases can source ore from OMC to meet the shortfall of their end-use plants
Obligations come down in FY16 by 35% to Rs 1.2 lakh crore
Strategy to call off sales of its UK assets and go for strategic joint ventures instead will create new problems of integrating people from different plants
Company will also focus on further automation and restructuring at its flagship 10 million tonnes a year plant at Jamshedpur
The greenfield project is now undergoing the process of synchronisation and stabilisation of various units and will attain 50% of the installed capacity by this fiscal-end
Tata announced on Friday that it will put the auction on hold due to uncertainties triggered by Brexit
But, too early to feel excited, given the early stage and lack of clarity on the contours of any deal; more crucial is to get UK assets included in the deal
Tata Steel should now focus on its Indian operations
The company hopes auctions by Odisha Mining Corporation will help secure supplies for its Kalinganagar plant
Tata has been considering seven bids for its UK assets since putting them up for sale in March
The statement comes after the Indian steelmaker said on Friday it was putting the process of selling its major assets on hold
Unite says Tata Steel needs to give binding commitment about its long-term intentions for Port Talbot
Aiming at providing a safe workplace, Tata Steel has initiated several measures to prevent occurrence of dengue at its Kalinganagar Steel Plant in Jajpur district of Odisha. As a part of this initiative, the Occupational Health Services Department of Tata Steel Kalinganagar plant, in collaboration with Public Health team of JUSCO (Jamshedpur Utilities and Services Company), has taken up several measures, a company release said today. Apart from housekeeping, anti-larval activity has been taken up in the plant premises and labour colonies. Post identifying the possible breeding sites, larvicidal spray is being carried out regularly at the plant site to eliminate the formation of mosquito larva. The anti-larval squad has been engaged for this activity throughout the plant area and the labour colonies. Awareness campaign on dengue has also started for labourers and employees. A Dengue Action Team has been formed and a Control Room has been set up for monitoring Vector Control ...
Tata Steel has received seven bids for its 4.5-million tonne unit in the UK, of which three have been shortlisted
Essar Steel's ramp-up has led to improvement in EBITDA margins to 20% from 5% earlier
The steel firm is anchor tenant for this park which has the potential to attract investments worth Rs 20,000 cr
In the last 5 years, the company invested Rs 40,000 crore; further expansion in Jamshedpur in the works
The Brexit vote seems likely to, for quite a while at least, stop bidders for the UK business it wishes to sell, beside complicating the process