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Tata Steel News

Tata steel to grow organically, new acquisitions unlikely this decade: MD
Business

Tata steel to grow organically, new acquisitions unlikely this decade: MD

TV Narendran said that the Jamshedpur-based behemoth will fuel its growth ambitions to more than double its output

'Conscious decision': Indian multinational Tata Steel to stop doing business with Russia amid Ukraine war
Business

'Conscious decision': Indian multinational Tata Steel to stop doing business with Russia amid Ukraine war

To ensure business continuity, the company's steel manufacturing sites in India, the UK and Netherlands have sourced alternative supplies of raw materials to end its dependence on Russia, Tata Steel said

Happy Birthday Ratan Tata: All you need to know about one of India's most successful businessman
India

Happy Birthday Ratan Tata: All you need to know about one of India's most successful businessman

The 84-year-old entrepreneur is part of the Tata family, who have built up one of the successful business empires in the country

Thoughts while SPARSEE-ING: Three-part photo book tells story of three Parsi families from a unique perspective
India

Thoughts while SPARSEE-ING: Three-part photo book tells story of three Parsi families from a unique perspective

So, what is exactly is "sparseeing"? To borrow one of Atticus Finch's quotable quotes from To Kill a Mockingbird, it is just like "stepping into another's skin, and walking around in it for a while"

Sensex, Nifty end flat after volatile trade: Top 10 gainers and losers today at close of market
Business

Sensex, Nifty end flat after volatile trade: Top 10 gainers and losers today at close of market

While the BSE Sensex was up 7.09 points or 0.01 percent at 49,751.41, the Nifty was up 32.10 points or 0.22 percent at 14,707.80

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut
Business

Shares hold on gains for fifth straight session; Kotak Mahindra Bank shares offset impact of Moody's ratings cut

Kotak Mahindra Bank was the top gainer in the Sensex pack, rising around 7 percent, followed by M&M, Sun Pharma, Hero MotoCorp, Bajaj Finance, Tata Steel, Bharti Airtel and HCL Tech.

Financial stocks zoom: Sensex rallies over 900 points, Nifty surges to 9,823-level; ICICI Bank, RIL, HDFC among top gainers
Business

Financial stocks zoom: Sensex rallies over 900 points, Nifty surges to 9,823-level; ICICI Bank, RIL, HDFC among top gainers

The Sensex rallied over 900 points in early trade on Monday, driven by gains in HDFC twins, ICICI Bank and Reliance Industries amid firm cues from global markets.

Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers
Business

Sensex jumps over 200 points, NSE above 9,390-level in opening trade; RIL, ICICI Bank, HDFC among early gainers

ONGC was the top gainer in the Sensex pack, rising around 3 percent, followed by Tata Steel, L&T, HDFC Bank, ICICI Bank, IndusInd Bank and Axis Bank. On the other hand, M&M, ITC, Infosys, Bajaj Auto, TCS and HCL Tech were among the laggards

Tata Group firms trim payments of top executives for first time in company's history as lockdowns hit business, revenue
Business

Tata Group firms trim payments of top executives for first time in company's history as lockdowns hit business, revenue

The compensation of CEOs and managing directors (MDs) of Tata Steel, Tata Motors, Tata Power, Trent, Tata International, Tata Capital and Voltas, among others, will be cut the report said citing company executives.

Sensex drops 260 points, Nifty settles below 9,050-mark at close of trading session; banking, financial stocks drag
Business

Sensex drops 260 points, Nifty settles below 9,050-mark at close of trading session; banking, financial stocks drag

Sensex tumbled 260 points on Friday, dragged by losses in banking and financial stocks as RBI's rate cut and other measures to prop up the economy failed to meet market expectations.

Sensex pares opening losses to turn positive in early trade, Nifty low; Repo rate cut fails to enthuse markets
Business

Sensex pares opening losses to turn positive in early trade, Nifty low; Repo rate cut fails to enthuse markets

After starting over 250 points lower, the Sensex made a U-turn to rise over 70 points to 31,005.19.

Markets open on positive note: Sensex jumps 300 points, Nifty above 8,900; ITC, HDFC, HUL among top gainers
Business

Markets open on positive note: Sensex jumps 300 points, Nifty above 8,900; ITC, HDFC, HUL among top gainers

HDFC Bank Ltd and mortgage lender HDFC Ltd, up more than 1 percent each, were the two biggest boosts to the Nifty 50.

Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser
Business

Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser

Sensex ended marginally lower after a choppy session on Friday as investors weighed the fiscal impact of the government''s economic stimulus.

Stock markets open flat: Sensex sheds over 200 points, Nifty below 9,200-mark;  ITC, OMCs among major losers
Business

Stock markets open flat: Sensex sheds over 200 points, Nifty below 9,200-mark; ITC, OMCs among major losers

Shares in consumer goods conglomerate ITC and lender Axis Bank Ltd fell 6 percent and 3.8 percent, respectively, after a news report that the government is planning to sell its stakes in the two companies.

Tata Steel leaves membership of Indian Steel Association; CEO TV Narendran steps down as President
Business

Tata Steel leaves membership of Indian Steel Association; CEO TV Narendran steps down as President

Tata Steel Ltd has withdrawn its membership from the Indian Steel Association (ISA), an apex steel industry body

Investors' wealth plummets Rs 5.15 lakh cr in early trade as benchmark Sensex plunges over 1,700 points
Business

Investors' wealth plummets Rs 5.15 lakh cr in early trade as benchmark Sensex plunges over 1,700 points

Investors witnessed a wealth erosion of Rs 5.15 lakh crore in BSE-listed companies in morning trade on Monday tracking a heavy selloff in the market, with benchmark Sensex plunging over 1,700 points

Markets open in red: Sensex nosedives over 1,500 points, Nifty plunges below 9,500-level; Rupee tanks in early trade
Business

Markets open in red: Sensex nosedives over 1,500 points, Nifty plunges below 9,500-level; Rupee tanks in early trade

The Sensex was trading 1,513.68 points or 4.49 percent lower at 32,203.94, and the NSE Nifty plunged 425.70 points, or 4.32 percent, to 9,434.20

As Moneycontrol Pro turns 1, here's a note to readers from the Opinion Team
Business

As Moneycontrol Pro turns 1, here's a note to readers from the Opinion Team

On the occasion of Moneycontrol Pro’s 1st Anniversary, as a token of gratitude to its readers, Pro has introduced a range of exciting exclusive benefits worth Rs 20,000 for existing users.

Sensex rallies over 900 points, Nifty reclaims 9,800 level; Glenmark shares jump 9% on reports of trials for potential COVID-19 drug
Business

Sensex rallies over 900 points, Nifty reclaims 9,800 level; Glenmark shares jump 9% on reports of trials for potential COVID-19 drug

Shares of Glenmark Pharmaceuticals Ltd rose as much as 8.9 percent after the drugmaker said it got the Indian drug regulator’s nod to conduct clinical trials of antiviral drug favipiravir, seen as a potential treatment for COVID-19.

Tata Steel raises Rs 510 cr via non-convertible debentures on private placement basis
Business

Tata Steel raises Rs 510 cr via non-convertible debentures on private placement basis

Tata Steel on Wednesday said its committee of directors has approved allotment of non-convertible debentures (NCDs) worth Rs 510 crore on a private placement basis