Tata Steel returns to profitability with Rs 759 cr profit in Q2FY25
Nov 07, 2024, at 03:24 am
Mumbai: Tata Steel Ltd reported a consolidated net profit of Rs 759 crore for the quarter ending September 30, 2024, marking a return to profitability after incurring a net loss of Rs 6,511 crore in the same period last year, media reported.
Tata Steel Q1FY25 net profit rises 51.4% YoY to Rs 959.61 cr
Aug 01, 2024, at 04:20 am
Mumbai: Tata Steel announced a 51.4 percent year-on-year increase in consolidated net profit to Rs 959.61 crore for the first quarter ended June 2025 (Q1 FY25) on the back of the company's operations in the Netherlands returning to normal levels.
1,500 Tata Steel workers in UK to go on indefinite strike from July
Jun 22, 2024, at 03:02 am
London: Around 1,500 Tata Steel workers in Britain will commence an indefinite strike on July 8 in response to the company's decision to shut down two blast furnaces and eliminate up to 2,800 jobs, Reuters reported citing the trade union Unite.
Tata Steel Q4FY24: PAT drops 64.6% YoY Rs 555 cr
May 30, 2024, at 04:53 am
Mumbai: Tata Steel's net profit in January-March quarter witnessed a staggering 64.6% year-on-year decline to Rs 555 crore, as per an exchange filing released on Wednesday.
Tata Steel’s Kalinganagar and Meramandali plants receive ResponsibleSteel Certification
Feb 10, 2024, at 04:16 am
Mumbai: Tata Steel’s Kalinganagar and Meramandali plants have received the prestigious ResponsibleSteel Certification.
Tata Steel opens fully automated construction service centre
Jan 25, 2024, at 08:26 am
Vijayawada/UNI: Tata Steel inaugurated its third fully automated construction service centre here on Wednesday in Andhra Pradesh to offer customized reinforcement products and solutions to India’s booming construction industry.,
Tata Steel reports net profit of Rs 522 cr in Q3FY24
Jan 25, 2024, at 06:21 am
Mumbai: Tata Steel Wednesday reported a consolidated net profit of Rs 522.14 crore for the October-December quarter, exhibiting a positive turnaround from a net loss of Rs 2,501.95 crore in the same period the previous year.
Jan 06, 2024, at 05:11 am
Mumbai: Tata Steel India on Friday said that its crude steel production reached 5.32 million tons, up 6% on QoQ as well as YoY basis.
Tata Steel reports consolidated net loss of Rs 6,511 cr in Q2FY24; revenue stands at Rs 55,682 cr
Nov 02, 2023, at 07:02 am
Mumbai: Tata Steel recorded a consolidated net loss of Rs 6,511 crore in the second quarter of the fiscal year 2023-24, marking a significant contrast from the Rs 1,297 crore net profit reported in the corresponding period of the previous year.
Port Talbot: Tata Steel, U.K. Government ink deal to invest USD 1.54 billion
Sep 16, 2023, at 08:28 pm
India's Tata Steel and the UK government have announced a joint agreement on a proposal to invest in Electric Arc Furnace steelmaking at the Port Talbot site with a capital cost of £1.25 billion (USD 1.54 billion) inclusive of a grant from the UK Government of up to £500 million ($621 million), subject to relevant regulatory approvals.
Tata Steel to get 500 million pounds from UK govt to decarbonize Port Talbot project
Sep 16, 2023, at 02:31 am
London: Tata Steel, on Friday, announced that after extensive negotiations aimed at preserving Tata Steel's Port Talbot venture in Wales, the UK government has consented to provide a grant of 500 million pounds to assist in decarbonization, media reports said.
Jul 30, 2023, at 02:30 am
Mumbai: Tata Steel on Saturday celebrated the 119th birth anniversary of the Tata Group's late iconic leader and aviator, Bharat Ratna JRD Tata, with a series of events held at various locations across the company.
Tata Steel expands its digital services with the launch of Urja programme
Jul 04, 2023, at 11:55 pm
Kolkata: Tata Steel is expanding its digital services with the launch of Urja, its flagship unsecured working capital finance programme, on DigECA – the Company’s centralised digital buying and selling platform for ECA (Emerging Customer Account) customers.
Jun 15, 2023, at 01:56 am
Mumbai: Tata Steel and Germany’s SMS group have signed a Memorandum of Understanding (MoU) to collaborate on decarbonisation of steel making process.
Jun 09, 2023, at 06:13 am
Kolkata: Tata Power Renewable Energy Limited will set up 966MW RTC (Round-the-clock) hybrid renewable power for Tata Steel.
Kolkata: Tata Steel and West Bengal Police seize fake Tata products in raid
Apr 14, 2023, at 12:21 am
Kolkata: Tata Steel officials, with the help of the West Bengal Police, recently conducted a raid on a manufacturing unit situated in Kolkata, the company said in a press release.
Feb 16, 2023, at 10:42 pm
Kolkata: Tata Steel successfully completed the first multi-modal shipment of 960 tonnes of steel TMT bars from West Bengal's Haldia Port to Tripura's Agartala, the company said in a statement.
Tata Steel sets up an Innovation Centre for Mining & Mineral Research at IIT (ISM) Dhanbad
Feb 04, 2023, at 02:24 am
Dhanbad: Tata Steel has established a Centre for Innovation in Mining and Mineral Beneficiation at the Indian Institute of Technology (Indian School of Mines), Dhanbad with an aid of Rs 22 crore.
Feb 02, 2023, at 04:46 am
Jamshedpur/IBNS: Lauding the government’s increased focus on the development of capital infrastructure, Tata Steel CEO & MD T. V. Narendran called the Budget a “high-quality budget”.
Tata Steel sets up Centre for Innovation in Mobility at IIT Madras Research Park
Jan 18, 2023, at 12:23 am
Chennai: To play a key role in India’s mobility sector, Tata Steel has setup a Centre for Innovation in Mobility (CIM) in Indian Institute of Technology (IIT) Madras Research Park.
Tata Steel executes implosion of two obsolete coke plants
Dec 19, 2022, at 10:50 pm
Jamshedpur/UNI: Tata Steel on Sunday successfully executed the implosion of two obsolete coke plant facilities - Battery#6 Chimney and a Coal Tower - at its Jamshedpur Works under controlled conditions.
Sensex falls 89 points, Nifty down by 27.40 pts
Nov 16, 2022, at 08:28 pm
Mumbai/UNI: The BSE Sensex on Wednesday declined 89 points at 61,783.83 in opening trade as selling pressure was seen in FMCG, Financial, Energy and Consumer Discretionary Goods and Services stocks.
Nov 03, 2022, at 05:22 am
Jamshedpur: Tata Steel today dispatched the first-ever consignment of Tata Aggreto, the company’s branded steel slag aggregates to Border Roads Organisation (BRO) for the construction of roads in Arunachal Pradesh under Project Arunank, according to a press release.
Tata Steel to supply 'Zeremis' steel to Ford
Oct 27, 2022, at 12:38 am
Tata Steel on Tuesday announced that it has signed a deal with automobile major Ford for the supply of "Zeremis", or zero-emission green steel.
Tata Steel Board approves the amalgamation of strategic businesses into the Company
Sep 23, 2022, at 02:56 pm
Mumbai: The Board of Directors of Tata Steel Limited at its meeting held on Thursday considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel Limited.
Tata Steel signs MoU with Punjab govt to set up a steel plant
Aug 31, 2022, at 06:56 pm
Chandigarh: Tata Steel has signed a Memorandum of Understanding (MoU) with the Punjab government to set up a 0.75 million tonne per annum (MnTPA) long products steel plant with a scrap-based electric arc furnace (EAF).
Tata Steel publishes Environmental Product Declaration (EPD) for Steel Rebar
Aug 31, 2022, at 06:46 pm
Tata Steel Limited has published its first Environmental Product Declaration (EPD) for Steel Reinforcing bar (Rebar) used in Reinforced Cement Concrete (RCC) construction, as part of its commitment to be a benchmark in sustainability disclosures and to serve its customers with product-specific sustainability information.
Tata Steel signs MoU with drone start-up AUS
Jul 27, 2022, at 07:24 pm
Mumbai: Tata Steel has signed a Memorandum of Understanding (MoU) with Aarav Unmanned Systems (AUS), a Bangalore-based startup providing end-to-end drone solutions, on July 22, 2022 for effective mine management.
Tata Steel threatens to shut shop in UK: Report
Jul 25, 2022, at 12:41 am
UK's largest steel company, Tata Steel, has threatened to close operations unless the British government provides assistance of nearly 1.5 British pounds (around Rs 14,400 crore) within the next one year to help the company reduce its carbon emissions, the Financial Times (FT) reported.
Tata Steel signs MoU with BHP to explore low carbon iron and steelmaking technology in India
Jul 20, 2022, at 10:07 pm
Mumbai: Tata Steel has signed a Memorandum of Understanding (MoU) with BHP, a leading global resources company, with the intention to jointly study and explore low carbon iron and steelmaking technology.