User: esg Topic: Issues
Category: KalingaNagar
Last updated: Apr 25 2017 19:49 IST RSS 2.0
 
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Iron ore crisis to slow steel capacity expansion after 2020 25.4.2017 Business Standard: Markets & Investing
Shortfall from Odisha would hurt domestic steel companies whose supplies are used within the country
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Tata Steel still in talks over UK pension 20.4.2017 Business Standard: Today
It is planning a one-time settlement of $663 mn to its UK pensioners
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First privately operated freight trains takes off 19.4.2017 ET: Steel
Besides a significant reduction in overall logistics cost, under the SFTO scheme private companies investing in wagons will get a 12% rebate on freight.
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India's steel plans may prove too ambitious 17.4.2017 Business Standard: Front Page Headlines
The government may struggle to find 91,000 acres of land to pack new 175 mt capacity
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Iron ore prices to remain high 12.4.2017 Business Standard: Markets & Investing
Demand remains buoyant despite supply glut
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Postal, excise officials booked for violating RBI guidelines 8.4.2017 All News-IANS Stories
The CBI has booked two postal department officials and a central excise official for violating RBI guidelines by depositing over Rs 36 lakh in some postal saving accounts, an official said on Saturday.
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ArcelorMittal among three steel firms to back out of Odisha projects 24.3.2017 All Companies Stories
Eleven others have not yet started work for setting up steel plants
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Tata Steel wants to tap export market for Kalingangar facility products 22.3.2017 Business Standard: News Now
The company has exported 80,000 tonne of hot rolled coils manufactured at Kalingangar facility
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Jindal Stainless might complete de-merger by March end 14.3.2017 Latest News
Ratan Jindal controlled Jindal Stainless Group with manufacturing units at Hisar (Haryana) and Odisha's Kalinganagar is giving final touches to its de-merger. The de-merger which has witnessed two separate entities carved out- Jindal United Steel Ltd (JUSL) and Jindal Coke Ltd (JCL), is expected to be completed by the end March this year.As of now, two flagship companies- Jindal Stainless Hissar Ltd and Jindal Stainless Ltd are listed entities. The move behind the de-merger is to apportion debt between the segregated entities."Erosion of net worth, accumulating losses and rising interest rates have prompted us to take the de-merger route. The interest rate on loans outstanding have gone up to 14 per cent and it was not feasible to repay the piling debt without splitting the entities. We have got the necessary approvals for the restructuring plan and the formalities are expected to be completed by March-end", said a senior company source in the know of the matter.Between them, Jindal ..
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Import of electronics rising contrary to 'Make in India': Assocham 5.3.2017 News
The latest figures show import of close to $4 billion for electronics
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Tata Steel to source iron ore from OMC for feeding Kalinganagar plant 1.3.2017 News
As its greenfield unit at Kalingangar ramps up operations to reach its rated capacity of three million tonne, Tata Steel is looking at multiple options to secure uninterrupted iron ore supplies.Recently, Tata Steel announced its hot metal production at Kalinganagar crossed the two million tonne mark. In the first phase, the steel company is aiming to reach production of three million tonne per annum (mtpa).Besides sourcing ore from its captive mines, Tata Steel has been buying iron ore from the merchant miners. It has participated on and off at the electronic auctions of iron ore conducted by the state owned Odisha Mining Corporation (OMC). Despite possessing its own captive mines in Odisha, Tata Steel was constrained to buy ore from external sources to meet the expanding requirement of the Kalinganagar unit. Most of the iron ore raised by Tata Steel in Odisha was catering to the requirement of its flagship operations at Jamshedpur.Now, Tata Steel is examining the feasibility of ...
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Tata Steel's Haldia coke plant gets environmental nod for expansion 25.2.2017 Business Standard: News Now
Unit would be used to meet coal requirements of Kalinganagar & Jamshedpur plants
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Tata Steel Kalinganagar plant crosses 2 mn tonnes production 21.2.2017 All News-IANS Stories
Tata Steel on Tuesday said its Kalinganagar plant at Odisha's Jajpur crossed two million tonnes of hot metal production at its blast furnace on last Sunday.
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Tata Steel Kalinganagar hot metal production crosses 2 MT mark 21.2.2017 HBL: Companies
Tata Steel Kalinganagar, the largest greenfield steel plant in Odisha today said hot metal production at its blast furnace crossed 2 million tonne on February 19. The plant, which boasts of the large...
Tata Steel Kalinganagar touches 2mt hot metal milestone 21.2.2017 ET: Steel
The company has plans to expand the greenfield steel plant in the Industrial complex of Jajpur district beyond the current three million tonne capacity.
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Tata Steel's Kalinganagar plant achieves milestone in metal production 21.2.2017 ET: Steel
Located in Odisha's Jajpur district, the plant has one of the largest operating blast furnaces in the country with a capacity of 4,330 cubic metres.
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Tata Steel's Kalinganagar unit crosses two mn tonnes in hot metal output 21.2.2017 Latest News
It took 133 days, at a production rate of 2.8 mn tonnes a year reach 2 mn tonnes from 1 mn
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Dastur & Co to widen consultancy portfolio 13.2.2017 Business Standard: News Now
M N Dastur says the key business driver will have to be operational consultancy services
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Tata Steel performance improves but ratings unchanged: Moody's 10.2.2017 Business Standard: Companies & Industry
Tata Steel reported a consolidated revenue of Rs 832 billion for April-December 2016
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Back in black: Tata Steel turns profitable after five quarters 8.2.2017 Business Standard: Today
Tata Steel records Q3 net profit at Rs 232 crore
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