• Tag results for Tata Steel

Proposed acquisition of Usha Martin's steel business by Tata Steel is credit positive: Moody's

The acquisition, once completed, will strengthen Tata Steel's business profile because it will help Tata Steel to further solidify its geographical footprint in eastern India.

published on : 25th September 2018

Usha Martin founder seeks details on end-use of funds from Tata Steel deal

Tata Steel last week said it had executed definitive agreements for the acquisition of Usha Martin's steel business for Rs 4,300-4,700 crore through a slump sale on a going concern basis.

published on : 24th September 2018

Tata Steel to take over Usha Martin steel business with Rs 4,700 crore acquisition

Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India.

published on : 23rd September 2018

Nihal, third youngest chess grandmaster in the world

14-year-old Thrissur-based Nihal Sarin is India’s 53rd grandmaster (GM), second youngest International Master in Indian history and third youngest in the world.

published on : 17th September 2018

India is the brightest spot for steel sector till 2019: Moody's

India’s steel sector consolidation will drive improvement in the industry’s capacity utilisation levels and mute the pressure on profitability, Moody's said.

published on : 11th September 2018

Tata Steel to operate out of the Sahibabad facility of Bhushan Steel 

Meanwhile, Sen said that at its Kalinganagar plant Tata Steel has already commenced that phase II of its expansion which would take the capacity of the unit from three million tonnes per annum.

published on : 30th August 2018

Existing power pacts between Bhushan Steel, Bhushan Energy under discussion: Tata Steel 

The statement comes amid reports that Tata Steel has started the process of cancelling PPAs between Bhushan Steel and Bhushan Energy in a bid to cut costs.

published on : 29th August 2018

No impact on production due to unavailability of raw materials: Tata Sponge Iron

SIMA Director Deependra Kashiva has informed the ministry about problems being faced by sponge iron makers with regard to raw materials and requested to take measures to address the issue.

published on : 19th August 2018

Positive growth in steel sector, trend to continue: Tata Steel

The top Tata Steel official also hailed the initiatives taken by the state and the Union government for the betterment of the steel sector.

published on : 15th August 2018

Bhushan Power rebid process violates NCLAT orders: Tata Steel

The committee of creditors (CoC) has asked the BPSL bidders, including Tata Steel and JSW Steel, to submit their final bids by tomorrow morning to acquire assets of the debt-ridden firm.

published on : 30th July 2018

Metal stocks plunge; JSPL, Tata Steel worst hit

Led by losses in these stocks, the BSE metal index declined 3.12 per cent to close at 11,857.27.

published on : 18th July 2018

Keep ThyssenKrupp whole: German Labour Minister Hubertus Heil

The company's chairman and chief executive both resigned this month following pressure from activist shareholders demanding a restructuring of the conglomerate.

published on : 18th July 2018

Bhushan Steel appoints T V Narendran as chairman and non-executive additional director​

T V Narendran CEO and MD of Tata Steel, has more than 30 years of experience in metal and mining industry.

published on : 15th July 2018

Thyssenkrupp board accepts CEO resignation, backs Tata Steel

The Supervisory Board of German steel major Thyssenkrupp on Friday accepted the resignation of its chief executive officer Heinrich Hiesinger in 'mutual agreement.'

published on : 6th July 2018

Tata Steel, Thyssenkrupp may need asset sales to get EU nod for merger

Thyssenkrupp and Tata Steel on Saturday agreed to merge their European steel activities into a 50-50 joint venture.

published on : 5th July 2018
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