Tata Steel - latest news headlines & business reports.

IndiGo, Tata Steel, State Bank likely to be in limelight today
Wed, 30 Sep 2020 23:55:06 GMT
IndiGo, Tata Steel and State Bank of India likely to be positive while Sun Pharma may be in the negative territory.


Tata Steel joins global steel organisation ResponsibleSteel
Mon, 28 Sep 2020 00:00:00 GMT
Tata Steel announced it has joined forces with global steel-making standards xxx giving customers and consumers even more confidence the company is committed to reducing greenhouse gas emissions as well as creating jobs and protecting communities. All of Tata Steels operations in 26 countries have signed up to ResponsibleSteel the industrys first globally-present standards


Steel industry witnesses demand revival
Fri, 18 Sep 2020 00:00:00 GMT
A surge in demand from the auto and white goods sectors and moderate activity in government infrastructure projects are driving the recovery of large Indian private steel producers, with some even beating last years numbers. However, small steel producers had to cut production because of severe shortage of raw material and higher input costs. Indias largest steel producer, operated at 100% capacity for the first time in August since the nationwide lockdown, Tata Steels managing director


Won't shy away from taking tough calls on Europe business: Tata ...
Thu, 17 Sep 2020 00:00:00 GMT
Tata Steel Europes loss in the June quarter widened to 654 million from a 371 million loss in the year earlier with the auditor warning that its ability to continue as a going concern was at


British government to rope in investment bankers to save Tata ...
Mon, 07 Sep 2020 00:00:00 GMT
A British news channel reported that investment banker, Credit Suisse has been asked by the Treasury to advise on talks with Tata Steel. The news channel also mentioned that ministers had drafted in McKinsey, the management consultants, to draw up a blueprint for the future of the UK's wider steel


Tata Steel, UK government in talks for sustainable solution ...
Fri, 21 Aug 2020 00:00:00 GMT
Tata Steel Europe's consolidated earnings before interest, tax and depreciation reported a loss of Rs 625 crore. Chandrasekaran said Tata Steels move to simplify business processes at its European arm is making


Tata Steel continues UK government talks, withholds specifics
Tue, 18 Aug 2020 00:00:00 GMT
Tata Steel says it remains in talks with the UK government on receiving support for Port Talbot but declined to comment on specifics. This follows media reports suggesting the steelmaker had ended talks with the UK government on receiving close to 500 million ($655m) of funding through the Project Birch scheme. A Tata Steel


World economy to see 'worst contraction' in 2020; steel demand ...
Sun, 16 Aug 2020 00:00:00 GMT
The global economic growth is expected to see a contraction of over 3 per cent in 2020, Tata Steel Chairman N Chandrasekaran said terming the slump as the worst contraction since the 1930s. A contraction in the global GDP is not at all a good sign for the global steel sector as steel demand is positively correlated with the economic


Tata Steel reports positive free cash flows in a challenging ...
Thu, 13 Aug 2020 00:00:00 GMT
With the outbreak of the pandemic, Tata Steels immediate focus was on the health and safety of our employees and the communities in which we operate. Tata Steel has taken significant steps in building Covid-19 ready medical capacity with more than 1,000 beds and state of the art facilities across its locations in India. The company continues to focus on running its operations safely and efficiently to service its


SEAISI Press Release
Thu, 30 Jul 2020 00:00:00 GMT
Tata Steel to build the framework for future schools in the UK



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