
From ₹183 to ₹336: Tata Power shares surge 84% in 8 months; m-cap crosses ₹1 lakh cr
This is the sixth Tata Group company that has an m-cap of over ₹1 lakh crore after TCS, Titan Company, Tata Motors, Tata Steel, and Trent.
This is the sixth Tata Group company that has an m-cap of over ₹1 lakh crore after TCS, Titan Company, Tata Motors, Tata Steel, and Trent.
Tata Steel takes impairment charge of ₹6,358 cr in Q2 FY24 for decarbonisation project at Port Talbot plant in the UK
The delivery volumes declined from 4.91 million tons in Q2 last year to 4.82 million tons in the September quarter this year.
Ailing Port Talbot unit’s transition to green steel set-up with 40% revival cost borne by Britain.
Moody's has also changed the outlook of Tata Steel from ‘stable’ to 'positive.'
The credit rating agency also changed the company's outlook to 'stable' from 'positive'.
The proposed project would involve Tata Steel’s balance sheet being restructured with potential elimination of the current cash losses in the UK operations
The Tata Group firm is in negotiations with the British government to raise capital to secure the future of Port Talbot steelworks in South Wales.
The UK subsidiary asked for a financial package of £1.5 billion, but the government offered £300 million and is in talks for increasing the aid.
Companies have the intent to hire people with varied sexual orientations, physical disabilities, and neuro diversities. However, only the top firms are walking the talk.