Shares of companies like Tata Steel, JSW Steel and Steel Authority of India (SAIL) witnessed 95%, 69% and 66% run-up, respectively, in the past four months compared to a 41% jump in the BSE Metal Index and a 8% rise in the Sensex during the same period,
An FIR has been registered against a top Tata Steel official for allegedly abetting the suicide of Charudatta Deshpande, former chief of Corporate Communications, who was found hanging at his Vasai home here on June 28, police said today.
Tata Steel reported a consolidated profit of Rs 916.7 crore in the September quarter, as against the loss of Rs 364 crore in the corresponding quarter last year.Importantly, the profit was much ahead of analyst estimates at about Rs 339 crore.
The Intellectual Property Appellate Board (IPAB) has directed the Registrar of Trademarks to cancel a mark registered by Gujarat-based Kamaron Laboratories Ltd, on a rectification application filed by Wockhardt Pvt Ltd, which claimed that the intellectual
Tata Steel Managing Director T V Narendran today said his major focus would be to increase the production capacity of the private steel major even though he has several internal and external challenges to face, including the economic slowdown.
More than a year after the Comptroller and Auditor General of India (CAG) tabled the coal block allocation report in Parliament, indicting the government for a notional loss of Rs 1.86 lakh crore while allocating coal blocks, the Central Bureau of
Faced with an extended downturn in demand for its key products, Tata Steel Europe has said it is restructuring its long products business — which makes tubes, rails and rods, used in many industrial sectors.
An extended downturn in demand for some of the key steel products made by Tata Steel Europe has led to an announcement of restructuring proposals by the company which could lead to a loss of around 500 jobs.
A balance sheet could provide true insight into a company's response to a sudden collapse in demand for its products, as well as how it is using the difficult times to become more cost-efficient and build new capacity for better days, provided the