Tata Steel’s Consolidated Net Profit Rises By 200% In Q2 FY19
Tata Steel has reported a consolidated net profit of Rs 3,116 crores for the second quarter of FY19, posting a threefold rise in (year-on-year basis)...
Tag : tata steel
Tata Sponge Iron Limited To Carry Out The Acquisition Of Usha Martin
Tata Sponge Iron Limited (TSIL) is planning to enter the steel business with the acquisition of Usha Martin Ltd, as Tata Steel on 24/10/2018 announced...
Tata Steel To Acquire Usha Martin Limited
Tata Steel has announced the acquisition of the steel business of Usha Martin Ltd. for Rs. 4,300 to 4,700 crores. Usha Martin said in a...
Tata Steel Profit Surges 53% In The First Quarter
One of India’s largest private sector steel producer Tata Steel reported their first quarterly result for the current financial year. In the report under review,...
Tata Steel gives nod for its European steel JV with Thyssenkrupp
Tata Steel has given approval to a proposal to create a 50:50 joint venture (JV), of Tata Steel’s European steel businesses and Thyssenkrupp AG. In a...
North Eastern Carrying Corp bags order from Tata Steel
North Eastern Carrying Corporation has bagged an order from Tata Steel, worth Rs.356 crore. The order includes transportation of Tata Steel raw materials and mining...
Tata Steel declared as successful applicant to acquire Bhushan Steel
Tata Steel has been announced as the successful resolution applicant by the Committee of Creditors (CoC), of Bhushan Steel Limited‘s (BSL) stressed asset which was put for...
Tata Steel announced as the highest bidder to acquire Bhushan Steel
Tata Steel has emerged as the highest bidder to acquire Bhushan Steel, with a bid of Rs.35,000 crore, while JSW Steel was the second highest...
Tata Steel has raised USD 1.3 billion through bonds
Tata Steel has raised USD 1.3 billion via issuance of unsecured bonds in international markets. In a regulatory filing the company stated, “The issue comprises...
Tata Steel to acquire 74% stake in BPPL
Tata Steel will be acquiring 74% stake in Bhubaneshwar Power Private Ltd (BPPL),from JL Power Ventures Private Ltd for Rs.255 crore. This acquisition will help Tata...