Tata Steel warns UK biz may cease to continue as going concern
The dim outlook comes after Tata Steel assessed the potential impact of the economic downturn in Europe.
tata steel company
May 2023
February 2023
December 2022
November 2022
Tata Steel shares climb 2% on fundraising plan; up 5% in 6 sessions
Tata Steel to raise ₹2,150 crore via NCDs, which will be the second bond sale in the last five months.
Pivoting Tata
How Chairman N. Chandrasekaran is transforming the 154-year-old Group by re-imagining legacy businesses, seeding new-age firms and a $90 billion investment boost.
Pivoting the Tata Group
As India’s fast-growing economy determined to achieve ‘aatmanirbharta’ throws up new business opportunities, Tatas need to tap them to stay ahead of the curve.
Tata Steel shares fall 5% on surprise loss in Dec quarter
The steel major posted a consolidated net loss of ₹2,223.84 crore for Q3 FY23, against a profit of ₹9,572.67 crore in the same quarter last year.
Steel industry's operating profits to contract 45-50% in FY23: ICRA
Indian steel companies face a bumpy road ahead as the external environment becomes more challenging due to elevated inflation, energy prices and rising interest rates.
India Inc. Delivers An Encore
Elite top 500 club of India Inc. records best-ever topline growth of 35% to ₹119 lakh cr and impressive 60% jump in profit to ₹9.97 lakh cr. Hyper-growth narrative may, however, change next year.
Commodity Bloc Vs Currency Bloc
US-led dollar bloc uses policy tightening to hit back at commodity producers led by Russia. Indian economy feels the heat.
Govt scraps export duty; here’s how steel stocks reacted
Shares of JSW Steel, Hindalco, Tata Steel, Jindal Steel & Power dropped up to 2% even after the government rolled back export duty on steel and iron ore products.
Steel cos post 75-90% decline in EBITDA
The EBITDA per tonne of steel companies declined primarily due to steep fall in steel prices
