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Wednesday, August 05, 2020

Tata Steel


Tata Steel sales fall 23% to 5.28 MT in Apr-Jun quarter; output down 28.49%

July 09, 2020 1:52 pm

In the just concluded quarter, TSL's India sales were at 2.92 MT, down from 3.96 MT in the year-ago period, while the production volume fell to 2.99 MT from 4.5 MT.

Tata Steel leaves Indian Steel Association; T V Narendran steps down as President

May 05, 2020 12:07 pm

Tata Steel CEO and Managing Director (MD) T V Narendran has also stepped down from the Presidentship of the Association, tenure of which was scheduled to end in August.

Tata Steel seeks 500 million pounds govt bailout in UK: Reports

April 26, 2020 2:13 pm

"We continue to have ongoing discussions with Tata Steel about what support it needs to sustain a strong steel making presence in the UK and in Wales," a Welsh government spokesperson said.

Tata Steel Europe to cut 1,250 jobs in turnaround push

March 11, 2020 8:42 am

Tata Steel has outlined details of a transformation programme and continues to be in talks with its European works council to minimise job losses, according to the memo.

Tata Steel production volume in Q3 marginally up at 4.46 MT

January 10, 2020 1:48 pm

Tata Steel India's sales volume in the third quarter of the ongoing fiscal increased by 17 per cent quarter-on-quarter (QoQ) with improved market sentiment.

Focus on 'cost of business' to make industries more competitive: Tata Steel CEO to Govt

January 02, 2020 2:00 pm

Referring to the prevailing scenario in the steel sector, Narendran said that 2019 had been a difficult year for the steel sector and "the Tata Steel is not an exception as we have our own set of challenges to deal with".

Tata group shares trade steady after NCLAT order

December 19, 2019 12:30 pm

Shares of Tata Steel BSL, Tata Power, Tata Elxsi, Tata Steel, Tata Investment Corporation, Tata Steel Long Products, Tata Coffee and Titan Company were trading lower in the range of 0.16 per cent to 1.10 per cent on the BSE at 11:00 am.

Various Tata Group stocks tank after NCLAT restores Cyrus Mistry as Tata Sons head

December 18, 2019 5:14 pm

Tata Global Beverages tanked 4.14 per cent, Tata Coffee plunged 3.88 per cent and Tata Motors dropped 3.05 per cent on the BSE. Tata Motors was the top loser among the BSE Sensex constituents.

Tata Steel's cost rationalisation in European operations credit positive: Moody's

November 25, 2019 12:26 pm

The European operations accounted for 35 per cent of Tata Steel's total shipments in the first half of FY20, but they generated only around 2.4 per cent of its reported consolidated earnings before interest, tax, depreciation and amortisation (EBITDA).

Tata Steel confirms job cuts of up to 3,000 across European operations

November 19, 2019 5:55 pm

Tata Steel has confirmed cuts of up to 3,000 jobs across its European operations as part of a wider restructuring and cost-cutting strategy to counter stagnant steel demand in Europe and global overcapacity.