Tata Steel To Merge 7 Subsidiaries By FY24, Says CEO TV Narendran
New Delhi: The merger of 7 subsidiary companies with Tata Steel is expected to be completed in 2023-24 fiscal year, its CEO and managing director T V Narendran said.In September…
Tata Group Stocks Are Hot. Here Are The Ones To Avoid…
These Tata group firms have seen a degrowth in sales. (File)Tatas and Trust go together. When we think about large, reputed business groups that have survived a century, the first…
Less Than 50% Capital Expenditure Planned For FY23 Utilised: Tata Steel CEO
To a query on the consolidation process at Tata Steel, the CEO said it will continue.(File)New Delhi: Tata Steel has spent less than half of the capex planned for ongoing…
Tata Steel Q2 Net Profit Drops 90% To Rs 1,297 Crore On Higher Expenses
Tata Steel’s total expenses rose to Rs 57,684.09 crore from Rs 47,239.63 crore earlier.New Delhi: Domestic steel giant Tata Steel on Monday reported a nearly 90 per cent drop in…
Tatas Cut Number Of Firms Under The Group To “Simplify Management”
According to Tata Steel, merger is part of its continuing journey to simplify group holding structure.New Delhi: Merger of seven entities with Tata Steel will allow simplification of management and…
No Purchase Of Coal From Russia After April 20, Says Tata Steel
On April 20, Tata Steel had said it would stop doing business with Russia.New Delhi: Tata Steel has not made any purchase of PCI coal from Russia post its April…
Tata Steel Buys Coal From Russia After Vowing To Cut Ties: Report
Tata Steel was the only major steelmaker to announce it would stop doing business with Russia.New Delhi: India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia…
Why Tata Steel Share Price Is Falling?
Yesterday, shares of Tata Steel slumped over 12% and hit a 52-week low of Rs 1,003.Tata Steel share price has been experiencing volatility in 2022. The share price was falling…
Mixed Reactions By Steel Industry On Export Duty Hike, Import Duty Waiver
Steel industry has showed mixed reactions to Government’s sopsThere have been mixed reactions within the steel sector of the country after Government waived off import duty on raw materials like…
Tata Steel To Focus On Organic Growth, Fresh Acquisitions Unlikely This Decade, Says CEO
Tata Steel is aiming to look at organic growthKolkata: Tata Steel Ltd will look to grow organically, and the steel giant is under “no pressure” to look at fresh acquisitions…