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Tata Steel News

27 Nov 2022

Tata Steel brings down 110-mtr chimney in controlled explosion; WATCH VIDEO

Tata Steel has successfully brought down an 110-meter-tall chimney in its Jamshedpur plant with 100 per cent perfection in just 11 seconds. What is mesmerising is that the chimney fell in the area demarcated for the fall and did not deviate from the fall path. The controlled demolition was executed using a mechanical hinge, enabling the structure to fall in one direction.

27 Nov 2022

5 stock picks by Sanjiv Bhasin: Check target price, stop loss, other details

On Friday, Sensex and Nifty surged to settle at record highs helped by intense buying in index majors Reliance Industries, Wipro and Maruti. The 30-share BSE Sensex rose by 20.96 points or 0.03 per cent to settle at 62,293.64, its fresh record closing high while broader NSE Nifty went up by 28.65 points or 0.15 per cent to end at 18,512.75, its all-time high. As the markets ended on a positive note, Sanjiv Bhasin, Director of IIFL Securities, has suggested five stocks that can grow in the near future and may yield better returns. The stocks picked by Bhasin include Aditya Birla Capital, Indian Hotel, DLF, Tata Steel, PFC, BHEL, and REC among others. Here, we are sharing five of them with key details:

01 Nov 2022

Jamshed J Irani: All you want to know about 'Steel Man of India'

Jamshed J Irani was born on June 2, 1936 in Nagpur He completed his BSc from Science College, Nagpur in 1956 and MSc in Geology from Nagpur University in 1958. Irani went to the University of Sheffield in the UK and did Masters in Metallurgy in 1960

01 Nov 2022

Former Tata Steel MD Jamshed J Irani dead

Irani, 83, retired from the board of Tata Steel back in June 2011.Irani had contributed tremendously to the Indian Industry, the steel business and the Tatas for over four decades.

stock market update

21 Oct 2022

Sensex, Nifty open in positive note on Friday, Axis Bank stocks surge by 6%

Indian stock market opens in positive note on Friday. Axis Bank stocks surge by 6%. Most of the Asian-Pacific markets too opened in the red.

23 Sep 2022

Tata Steel board approves merger of six subsidiary companies

The subsidiaries are Tata Steel Long Products Limited in which Tata Steel holds 74.91 per cent equity, The Tinplate Company of India Limited (74.96 per cent), Tata Metaliks Limited (60.03 per cent), The Indian Steel & Wire Products Limited (95.01 per cent equity holding), Tata Steel Mining Limited and S & T Mining Company Limited (both wholly-owned subsidiaries).

stock market update

02 Sep 2022

Markets rebound in early trade; BSE Sensex jumps 342.07 points to 59,108.66

BSE Sensex climbed 342.07 points to 59,108.66 in early trade. NSE Nifty advanced 101.05 points to 17,643.85. Tata Steel, IndusInd Bank, Reliance Industries, HDFC, UltraTech Cement and Bajaj Finserv were among the laggards.

Indian Railways

02 Aug 2022

Vande Bharat trains to get Tata Steel-made 180 degree rotating seats

Vande Bharat Express are semi high speed trains for Indian Railways Vande Bharat trains to replace Rajdhani, Shatabadi trains Tata Steel bagged order to fit Vande Bharat with India-made seating system

Tata Steel plant

07 May 2022

A blast at Tata's Steel Plant in Jamshedpur

A blast at Tata's Steel Plant in Jamshedpur has been reported. Several people got injured in the blast. CM Hemant Soren inquires about the condition of the injured people

01 Feb 2022

Tata to buy govt stake in Neelanchal Ispat, wins bid for Rs 12,100 crore

Tata won bid for acquiring 93.71% stake in NINL. NINL joint venture of 4 CPSEs. JV among MMTC, NMDC, BHEL, MECON and 2 Odisha Govt.

02 Nov 2021

Sensex declines 109 points on profit booking in energy, IT, metal stocks

The broader NSE Nifty fell by 40.70 points or 0.23 per cent to 17,888.95 as metal, IT and energy stocks declined. Tata Steel was the top loser in the Sensex pack, shedding around 3 per cent, followed by Tech Mahindra, HCL Tech, IndusInd Bank and Reliance Industries. On the other hand, Maruti, NTPC, Titan, SBI and L&T were among the gainers.

20 Apr 2021

Tata Steel supplying up to 300 tonnes oxygen daily to hospitals in Jharkhand

Tata Steel is supplying up to 300 tonnes of oxygen to hospitals every day It is helping hospitals in Jharkhand and other states like UP, Bihar, Odisha and West Bengal

27 Apr 2020

Stocks in focus today: Mindtree to Bharat 22 ETF, here are 5 Newsmakers of day

As Indian benchmark indices opened in green on Monday (April 27) with the Sensex gaining around 500 points, Mindtree, Bharat 22 ETF and Tata Steel are some stocks which will impact the indices on Monday.

18 Nov 2019

Tata Steel plans to cut jobs, but not in India

Tata Steel plans to cut jobs across its European operations as it wrestles with excess supply and high costs, the company said on Monday.

MANSI Evaluation Report

27 Sep 2019

Knowledge-sharing and dissemination event for MANSI evaluation report findings

MANSI is a community-focused health intervention that addresses the problem of access to quality and affordable health care for mothers and newborns close to their place of residence.

13 Jun 2019

Tata Steel, ThyssenKrupp merger would have spiked steel prices: EU

The Commission, the executive arm of the 28-member European Union (EU), formally tabled its decision this week after ThyssenKrupp announced its decision to withdraw from the joint venture plans last month in anticipation of the EU ruling.

29 Jan 2019

Tata Steel sells 70% stake in Singapore, Thai arms to Chinese Group for $480 m

The Chinese steel major will USD 327 million in cash to the Tatas and take over USD 150 million combined debt of these companies.

09 Nov 2018

Tata Steel manager shot dead in Faridabad, cops arrest ex-employee

The deceased manager died on the way to the hospital.

02 Jul 2018

Tata Steel clinches JV with Thyssenkrupp to create new European steel giant

The JV, which has been under discussions since September last year, combines the European steel businesses of the Indian steel major with the German firm to create Thyssenkrupp Tata Steel BV.

30 May 2018

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve Bank of India last year to undergo insolvency under the new bankruptcy law.

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