Tata Steel posts first quarterly loss in 2 yrs

Tata Steel, the world's No.7 steelmaker, posted an unexpected quarterly loss, its first in more than two years, as higher raw material costs and weak demand in Europe hurt margins.

Tata Steel expects fall in raw material prices

Tata Steel Saturday said it expects raw material prices to come down in the third quarter of this fiscal.

Tata Steel Q3 profit zooms 155% to Rs 1,191.75cr

Tata Steel today reported a whopping 155 per cent jump in net profit at Rs 1,191.75 crore for the third quarter ended December 31.