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India to overtake Japan in steel production in 2 years

India to overtake Japan in steel production in 2 years

Stating that the steel sector has started improving, he said the sector contribute to one to 1.5 percent in the country's GDP.

Tata Steel signs long-term tariff contract with railways

Tata Steel signs long-term tariff contract with railways

The main objectives of LTTC includes long-term revenue commitment from customers, preferential treatment to customer for supply of wagons, generation of additional traffic volumes and revenues for railways and freight concession on retention of traffic as well as on incremental traffic.

Tata Sponge production surges 8% to record 3.9Litres in FY17

Tata Sponge production surges 8% to record 3.9Litres in FY17

The metal company produces high-grade sponge iron and has an annual manufacturing capacity of 3.9 lakh tonnes of sponge iron from its 3 kilns.

Tata Steel to sell SAW mills in UK to Liberty House Group

Tata Steel to sell SAW mills in UK to Liberty House Group

The sale agreement covers the 42-inch and 84-inch pipe mills, also known as the SAW mills, where about 140 employees manufacture pipeline for gas and oil projects around the world, the company said in a statement.

Tata Steel bags PM's trophy for best integrated steel plant

Tata Steel bags PM's trophy for best integrated steel plant

Tata Steel has been recognised as the best integrated steel plant for 12 times and has won the PM's Trophy 10 times, it said.

UK mulls pension loophole fix to help Tata Steel

UK mulls pension loophole fix to help Tata Steel

The new scheme has been established as an alternative to using the Pension Protection Fund (PPF) as Tata has offered to pump 550 million pounds into the scheme.

 

Tata Sons to buy Tata Steel stake in Tata Motors on or after June 23

Tata Sons to buy Tata Steel stake in Tata Motors on or after June 23

Tata Sons Ltd, the holding company of India`s salt-to-software Tata conglomerate, plans to buy out Tata Steel Ltd`s stake in Tata Motors Ltd on or after June 23, it said in a regulatory filing on Saturday.

Investor wealth surges over Rs 50 lakh crore in 3 years

Investor wealth surges over Rs 50 lakh crore in 3 years

Investor wealth has surged by over Rs 50 lakh crore since the Modi government was voted to power three years ago, with the Sensex surging to its lifetime high of 31,074.07 on Friday.

ArcelorMittal agrees on concessions to seal delayed $897 million JV with SAIL

ArcelorMittal agrees on concessions to seal delayed $897 million JV with SAIL

ArcelorMittal, the world`s largest steel producer, said on Wednesday it has agreed to make concessions to Steel Authority of India on technology transfer to seal a delayed $897 million automotive joint venture.

Tata Steel shares surge over 8%, mcap rises by Rs 3,531 crore

Shares of Tata Steel on Wednesday ended over 8 percent higher, adding Rs 3,531 crore to its market valuation, after the company's consolidated net loss narrowed to Rs 1,168.02 crore for the quarter ended March 31, 2017.

Tata Steel shares surge 9% post Q4 earnings

Tata Steel shares surge 9% post Q4 earnings

Shares of Tata Steel on Wednesday surged almost 9 percent after the company's consolidated net loss narrowed to Rs 1,168.02 crore for the quarter ended March 31, 2017.

Tata Steel UK completes sale of speciality steel business to Liberty House Group

Tata Steel UK In a major announcement on Tuesday, Tata Steel UK announced that it has completed sale of its speciality steel business to Liberty House Group for 100 million pound.

Tata Steel achieves highest ever sale of 10.94 mt in FY17

Private steel major Tata Steel achieved its highest ever annual sales volume of 10.94 million ton in FY17, up by 15 percent over FY16 sales of 9.54 mt.

Tata Steel, Wipro in world's most ethical companies' list

Tata Steel, Wipro in world's most ethical companies' list

Two Indian companies, Tata Steel and Wipro, have been named in the list of world's most ethical companies by American think tank Ethisphere Institute.

Tata Steel UK to close pension scheme, to implement new scheme

Tata Steel UK to close pension scheme, to implement new scheme

Tata Steel UK has completed the consultation process to close its existing pension scheme for its workers from March 31, 2017. A new pension scheme will be implemented from April 1, 2017.

Tata Steel UK concludes sale of speciality division to Liberty House

Tata Steel UK concludes sale of speciality division to Liberty House.Watch the full segment for more details.

Tata Steel UK to sell Specialty Steels to Liberty House for £100 mn

Tata Steel UK to sell Specialty Steels to Liberty House for £100 mn

Global giant Tata Steel Thursday said it has inked a pact to sell its Specialty Steel business that employs 1,700 people to Liberty House Group for 100 million pound (about Rs 840 crore).

Tata Steel elects Natarajan Chandrasekaran as Chairman; reports Q3 profit of Rs 231 crore

Tata Steel elects Natarajan Chandrasekaran as Chairman; reports Q3 profit of Rs 231 crore

The board of directors of Tata Steel on Tuesday elected Tata Sons chief designate Natarajan Chandrasekaran as the chairman of the company.

Suit by Tata Group minority shareholders adjourned to March 7

The Bombay High Court on Monday adjourned to March 7 hearing on a suit filed by four minority shareholders of three Tata Group companies seeking to restrain the promoters from voting at extraordinary general meetings on a resolution to remove industrialist Nusli Wadia as independent director.

Tata Steel workers begin voting on UK plant rescue

Tata Steel workers begin voting on UK plant rescue

Tata Steel workers on Monday began voting on a plan, that includes 1 billion pound investment over 10 years, to rescue the Indian conglomerate's UK operations, with a result of the ballot expected by mid-February.