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Tata Steel

Tata Group Stock and 4 Others for up to 77% Return: Check out brokerage target price

Tata Group Stock and 4 Others for up to 77% Return: Check out brokerage target price

Mon, Nov 18, 2024

The BSE SENSEX, currently at 77,042.51, has dropped 0.69%. Amid market fluctuations, brokerage houses recommend stocks with potential returns up to 77%, offering investment opportunities during this market dip.

Tata Steel reports Rs 759 crore net profit in Q2

Tata Steel reports Rs 759 crore net profit in Q2

Wed, Nov 06, 2024

It had posted a net loss of Rs 6,511.16 crore in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing.

Tata Steel Q2FY25 preview: Weak pricing, high costs to weigh on earnings

Tata Steel Q2FY25 preview: Weak pricing, high costs to weigh on earnings

Wed, Nov 06, 2024

Tata Steel’s Q2 EBITDA likely to dip amid tough domestic, European markets

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Proxy advisory firm revises recommendation after Nusli Wadia suit

Proxy advisory firm revises recommendation after Nusli Wadia suit

Sun, Dec 18, 2016

Revising its recommendation, proxy advisory firm Institutional Investor Advisory Services (IiAS) has supported removal of independent director Nusli Wadia from board of Tata Motors and Tata Steel, saying it was in the long-term interest of Tata Group.

Four Tata firms to vote on Cyrus Mistry's removal as director this week

Four Tata firms to vote on Cyrus Mistry's removal as director this week

Sun, Dec 18, 2016

In what could prove to be a crucial week in the ongoing boardroom war between Tata Sons and its ousted Chairman Cyrus Mistry, four listed firms of the group will vote on resolutions to remove him as director from their boards.

Coal imports may remain weak in December on notes ban, firm prices

Coal imports may remain weak in December on notes ban, firm prices

Sun, Dec 18, 2016

Coal imports, which dropped by 16% to 14 million tonnes (MT) in November, are likely to decline this month as well due to factors like demonetisation and higher prices in global markets.

Bombay High Court allows Tata EGMs without intervention

Bombay High Court allows Tata EGMs without intervention

Sat, Dec 17, 2016

The Bombay High Court (HC) on Friday declined relief to minority shareholders of three Tata Group companies seeking to restrain promoters from voting at Extraordinary General Body Meetings (EGM) between December 21-23 on a resolution to remove industrialist Nusli Wadia as an Independent Director.

HC rules in Tata Sons’ favour; denies Nusli Wadia claims

HC rules in Tata Sons’ favour; denies Nusli Wadia claims

Fri, Dec 16, 2016

The Bombay High Court on Friday denied every interim relief claimed by Nusli Wadia and ruled in Tata Sons' favour.

Nusli Wadia files Rs 3,000 crore defamation suit against Tatas: Sources

Nusli Wadia files Rs 3,000 crore defamation suit against Tatas: Sources

Fri, Dec 16, 2016

Industrialist Nusli Wadia, who is an independent director on some Tata group companies, has filed a Rs 3,000-crore defamation suit against Ratan Tata, Tata Sons and its directors. According to sources close to Wadia, the suit was filed at the Bombay High Court on Thursday.

Tata Steel sued by minority shareholder over Nusli Wadia removal

Tata Steel sued by minority shareholder over Nusli Wadia removal

Thu, Dec 15, 2016

On Wednesday, four minority shareholders of Tata group firms had moved Bombay High Court.

Ratan Tata destroying Tata tradition, says Nusli Wadia

Ratan Tata destroying Tata tradition, says Nusli Wadia

Tue, Dec 13, 2016

Tata Steel’s independent director, Nusli Wadia on Monday wrote a scathing 15 page letter stating that the very reason why Tata Sons wanted him removed was his ‘independence of mind and action.’

Tata Steel reaches agreement with trade unions for closure of UK pension scheme

Tata Steel reaches agreement with trade unions for closure of UK pension scheme

Thu, Dec 08, 2016

Koushik Chatterjee, Group Executive Director Tata Steel and Executive Director for its European business said: “The delivery of Tata Steel UK’s transformation plan and generation of free cash flows will be the key enabler for the future sustainability of the business and we are very encouraged by the early signs of the delivery of the plan."

Tata Steel closes in on UK plant deal: Report

Tata Steel closes in on UK plant deal: Report

Mon, Dec 05, 2016

Tata Steel is edging closer to a deal with UK steel workers' unions to keep its troubled Port Talbot plant, the country's largest in south Wales, open until at least 2020, a media report said today.

Nusli Wadia seeks ‘unconditional public apology’ from Tata Sons

Nusli Wadia seeks ‘unconditional public apology’ from Tata Sons

Thu, Dec 01, 2016

Reiterating his threat to sue Tata Sons on a defamation notice, Nusli Wadia, legal head of the Tata Group said on Wednesday night that he demands an ‘unconditional public apology,’ with regards to the allegations made against him by the group.

Board fights will have no impact on Tata Group, Moody's says

Board fights will have no impact on Tata Group, Moody's says

Wed, Nov 30, 2016

Kaustubh Chaubal, a Moody's Vice President and Senior Analyst said, "We expect that Tata Sons can continue to extend support to its key operating companies, should the need arise, owing to its substantial cash holdings and the significant value of its listed equity investments, and despite an ongoing boardroom reshuffle."

Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

Tue, Nov 29, 2016

Tata announced on Monday that it was investing 85 million pounds in its UK business this year.

Tata Steel gains 2.5% as investors cheer pact with Liberty House

Tata Steel gains 2.5% as investors cheer pact with Liberty House

Tue, Nov 29, 2016

The company said, "“The letter of intent covers several South Yorkshire-based assets including the Rotherham electric arc, steelworks, the steel purifying facility in Stocksbridge and a mill in Brinsworth as well as service centres in Bolton and Wednesbury, UK and in Suzho and X’ian, China. Speciality Steel employs about 1,700 people making steels for the aerospace, automotive and the oil and gas industries.”

Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

Tue, Nov 29, 2016

Tata Steel and Thyssenkrupp are looking at reducing the size of Britain`s largest steel plant in Port Talbot, Wales, industry sources said, as the two firms press ahead with plans to merge their European steel operations and deal with the overcapacity afflicting the industry.

Now, Tata Steel shows Cyrus Mistry the exit door

Now, Tata Steel shows Cyrus Mistry the exit door

Fri, Nov 25, 2016

Yet another Tata Sons company has replaced Cyrus Mistry as Chairman. Tata Sons also seeks to remove him from Indian Hotels.

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Mistry does U-turn on Corus, TCS as Tata veterans trash claims

Thu, Nov 24, 2016

Springing to the defence of Ratan Tata, two retired group veterans - FC Kohli and B Muthuraman - on Wednesday rubbished as "frivolous and incorrect" Cyrus Mistry's charges that the patriarch wanted to sell TCS and his ego had inflated Corus acquisition cost, leading to the ousted group chairman p

Mistry's 'frivolous' comment on Corus needs to be avoided, says former Tata Steel MD

Mistry's 'frivolous' comment on Corus needs to be avoided, says former Tata Steel MD

Wed, Nov 23, 2016

The acquisition was through a transparent auction process managed by the Takeover regulator in the UK, he said.

Sensex opens in green, flirts with 26000-mark

Sensex opens in green, flirts with 26000-mark

Wed, Nov 23, 2016

Top gainers on BSE were - Larsen & Toubro at Rs 1377.50 (3.63%), followed by Tata Steel at Rs 385.10 (1.88%), Power Grid at Rs 187.05 (1.60%), Asian Paints at Rs 921.45 (1.55%) and Sun Pharma Industries at Rs 695.50 (0.83%).

Demonetisation to impact small firms, rural demand: Tata Steel

Demonetisation to impact small firms, rural demand: Tata Steel

Sun, Nov 13, 2016

"So it could have a significant positive impact on the long products business for the integrated or bigger players," Tata Steel India and South East Asia Managing Director T V Narendran said in an investor call last week.

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