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Steel
Business  /  Published 15.08.22

Tata Steel to streamline operations

In Europe, the group undertook the process of untangling the UK and Netherlands business. The process was completed in the second half of the last fiscal. The businesses centred around the UK and the ...
By Sambit Saha in Calcutta

Business  /  Published 10.08.22

Rollback on agenda

The steel ministry is mulling the phased withdrawal of export duty on steel following representations from the industry on the adverse impact of the levy. In the first phase, the duty is likely be wit...
By R. Suryamurthy in New Delhi

West Bengal  /  Published 08.08.22

Tata Steel's bid for diversity

It hasn’t been a cakewalk. “Believe me, the first 2-3 years were spent trying to convince ourselves that we needed it. I got so tired of answering why we were doing this that I started ret...
By Sambit Saha in Calcutta

Jharkhand  /  Published 30.07.22

Jharkhand, Odisha pay homage to JRD

A number of events were held in Jharkhand and Odisha to mark the 118th birth anniversary of JRD Tata, the longest-serving chairperson of Tata Sons and the only Indian industrialist to receive the Bhar...
By Animesh Bisoee in Jamshedpur

Business  /  Published 26.07.22

Tata Steel net profit tumbles 21%

The company described the first three months of the fiscal as ‘‘challenging’’ as it had to negotiate a sudden imposition of an export duty and a cost spike. “Despite the...
By Our Special Correspondent in Calcutta

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Business  /  Published 26.07.22

Battered RIL sets off slide

After opening at 55877.50, the gauge hit a low of 55537.08 and later ended at 55766.22, a drop of 306.01 points or 0.55 per cent. In the Sensex pack, Mahindra & Mahindra fell the most by 3.80 per...
By Our Special Correspondent in Mumbai

Business  /  Published 25.07.22

JSW Steel calls for export duty waiver

India’s largest steelmaker JSW Steel is expecting margins to recover from the third quarter of FY23 aided by softening coking coal prices, stabilisation of rupee against the dollar, demand uptic...
By Sambit Saha in Calcutta

Business  /  Published 23.07.22

JSW Steel net profit crashes 85%

India’s largest domestic steel producer JSW Steel’s profit crashed in the first quarter as the company faced the triple whammy of a spike in raw material prices, slump in finished steel pr...
By Our Special Correspondent in Calcutta

Business  /  Published 23.07.22

Tata Steel to quit UK sans aid

Tata Group chairman Natarajan Chandrasekaran has warned that the company could be forced to shut down Tata Steel’s plants in the UK without a British government subsidy deal worth around £...
By PTI in London

Business  /  Published 21.07.22

Tata Steel, BHP team up

Homegrown Tata Steel has partnered with Australia-based BHP to jointly explore low carbon ‘iron and steelmaking’ technology. The partnership aims to help both companies progress toward the...
By PTI in New Delhi


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