User: subbu Topic: Companies
Category: Tata Steel
Last updated: Apr 21 2018 21:44 IST RSS 2.0
 
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Cochin Shipyard sees Rs 185 mn loss due to ONGC ship fire incident 21.4.2018 Business Standard: News Now
However, CSL has an insurance cover for the vessel under Ship Repairer's liability policy worth Rs 150 million
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News digest: CJI's impeachment, shell companies, cash crunch, and more 21.4.2018 Latest News
With cash transactions routed through banks taking a hit due to a cash crunch, the rural economy is at the risk of a slowdown ahead of the monsoon
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Vedanta's acquisition of Electrosteel is credit neutral: India Ratings 20.4.2018 Business Standard: News Now
The London-based Vedanta group is highly leveraged with Rs 1.03 trillion in debt. Its debt-equity ratio stood at 2.2 times last fiscal
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Chandra and his 3S philosophy to take Tata Sons ahead 20.4.2018 Rediff: Business
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
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Metal and mining stocks decline as copper prices fall 20.4.2018 Top Stories
Key indices moved in a small range in negative zone in mid-morning trade. At 11:19 IST, the barometer index, the S&P BSE Sensex, was down 48.83 points or 0.14% at 34,378.46. The Nifty 50 index was down 23.45 points or 0.22% at 10,541.85. Shares ...
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MARKETS LIVE: Indices may open weak on global cues; TCS to be in focus 20.4.2018 Latest News
Catch all the market action here.
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MRPL commissions solar power project, largest on any refinery site 20.4.2018 Hindu: Mangalore
Mangalore Refinery and Petrochemicals Ltd., (MRPL) has clocked a major milestone by commissioning 6.063 MWp solar power project on its premises, the l
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Metal stocks jump, OMCs trip; Hindalco and Nalco stocks jump 9% each 19.4.2018 Business Standard: News Now
Shares of metal companies buoyed on the back of the global commodity rally
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Key equity indices end in green on Asian cues 19.4.2018 Sify Finance
The key Indian equity markets provisionally closed higher on Thursday, tracking a similar trend in the benchmark Asian markets.
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Thyssenkrupp: JV with Tata Steel to be finalised by 2018-end 19.4.2018 General News
German steel giant Thyssenkrupp expects its proposed joint venture with Tata Steel Europe to be finalised by the end of this calendar year, a senior company official said here today. Both the companies in September last year had announced plans to combine their European operations and form an equal joint venture, creating Europe's second largest steel maker, after ArcelorMittal. "The JV is an ongoing process. The talks with UK labour union are on and we expect closure by end of current calendar year," Jens Overrath, chairman of the executive board, Thyssenkrupp Electrical Steel told reporters here. He was speaking on the sidelines of an event to inaugurate the expanded cold rolled grain oriented (CRGO) electrical steel unit at Nashik in Maharashtra. The company plans to produce 35,000 million tonnes (mt) per annum of CRGO electrical steel used in transformers for power sector from the expanded factory, against the current capacity of 10,000 mt. "India is a very important
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Metal stocks shine bright; surge up to 9% 19.4.2018 General News
Metal stocks led by Hindalco Industries today surged up to 9 per cent, aided by rising global commodities prices. Shares of Hindalco Industries soared 9.13 per cent, National Aluminium Company 8.98 per cent, Vedanta 6.69 per cent and JSW Steel 4.26 per cent on BSE. Among others, SAIL rose 4.20 per cent, Jindal Steel & Power 4.04 per cent, Tata Steel 3.17 per cent, Hindustan Zinc 1.93 per cent and NMDC 1.75 per cent. Led by the sharp rally in these stocks, the BSE metal index surged 4.46 per cent to end at 14,828.33. "Metal stocks led the market higher against the backdrop of easing trade war concerns and higher metal prices," said Anand James, Chief Market Strategist, Geojit Financial Services. "Commodities stocks gave a fillip to the markets as global commodities, including crude and metals witnessed a sharp rally, thereby boosting sentiment in regional equities," said Abhijeet Dey, Senior Fund Manager-Equities, BNP Paribas Mutual Fund.
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Key equity markets rise on Asian cues, supportive metal, IT stocks 19.4.2018 Sify Finance
The key Indian equity markets traded in the positive territory on Thursday afternoon tracking strong cues from the Asian markets.
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Thyssenkrupp expects finalisation of Tata Steel JV by December 2018 19.4.2018 Business Standard: News Now
CEO of Thyssenkrupp Electrical Steel (Europe) was speaking on the sidelines of the company announcing its CRGO product line in Nashik
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Tata Steel Ltd spurts more than 3% 19.4.2018 General News
The stock is quoting at Rs 620.65, up 3.17% on the day as on 12:59 IST on the NSE. Tata Steel Ltd is up 43.36% in last one year as compared to a 15.58% spurt in NIFTY and a 33.39% spurt in the Nifty Metal index.
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Key equity markets rise on Asian cues, supportive metal, IT stocks 19.4.2018 General News
The key Indian equity markets traded in the positive territory on Thursday afternoon tracking strong cues from the Asian markets.
Global steel demand to touch 1,616 MT in 2018: Report 19.4.2018 General News
Global steel demand is expected to reach 1,616.1 million tonne (MT) in 2018, according to World Steel Association (worldsteel). In India, the demand is expected to accelerate gradually, mainly driven by public investment, worldsteel said in a report. "worldsteel forecasts global steel demand will reach 1,616.1 MT in 2018, an increase of 1.8 per cent over 2017. In 2019, it is forecast that global steel demand will grow 0.7 per cent to reach 1,626.7 MT," it said. T V Narendran, Chairman of the worldsteel Economics Committee said: "In the next couple of years the global economic situation is expected to remain favourable with high confidence and strengthening recovery of investment levels in advanced economies." Benefiting from this, steel demand in both developed and developing economies is expected to show sustained growth momentum with risks relatively limited, he said. However, possible adverse impact from the rising trade tensions and the probable US and EU interest rate movements ..
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MARKETS LIVE: Indices trade higher, Nifty above 10,550; Metal stocks gain 19.4.2018 Business Standard: Front Page Headlines
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Sensex rises over 100 points, Nifty above 10,500 19.4.2018 Hindu: Policy & Issues
The gauge had shed 63.38 points in the previous session.
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Simplification, synergy, scale: How Chandra is planning to take Tata ahead 18.4.2018 Business Standard: News Now
Asks CEOs of group companies to come up with concrete plans to drive 3S philosophy
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Tata Sponge Iron standalone net profit rises 120.28% in the March 2018 quarter 18.4.2018 General News
Sales rise 45.66% to Rs 243.50 crore
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