Markets Extend Losses After Fed Hikes; IT Stocks Dragged the Most
Market indicators remained subdued for a second session on Thursday after the Federal Reserve raised interest rates by 75 basis points for the fourth time...
Tag : tata steel
Tata Steel in Focus After Second-Quarter Profit Drops 87%
Tata Steel will remain in focus today after reporting an 87% year-on-year drop in consolidated net profit for the September quarter to Rs 1,514 crore...
Tata Steel Records 2% Growth in Q2 Steel Production
Tata Steel reported a 2 per cent rise in crude steel production to 4.81 million tons in the second quarter of FY23 compared with 4.73...
Sensex Soars Over 500 Points But Gives Up Gains on Profitable Bookings
The BSE Sensex rose 156 points, while the Nifty closed above 17,300 on Thursday after metals, IT and capital goods stocks rose on foreign capital...
Tata Steel Erases Gains Post-Merger, Falls 7% in Two Days, Hits Two-Month Low
Shares of Tata Steel fell 3% to a two-month low of Rs 96.55 on the BSE in Tuesday trade. The stock has fallen 7% over...
Tata Steel to Merge All Metals Companies Under Tata Group
One of India’s largest steel producers, Tata Steel, has announced that it will merge all the metals companies of the Tata Group into itself. Under...
Tata Steel Infuses Around Rs 54 Crore in TSML
Tata Steel said on Tuesday that it has invested around Rs 54 crore in its wholly-owned subsidiary TSML through the preferential acquisition of additional shares....
Tata Steel to Invest Over €65 Million in Hydrogen-Based Steel Manufacturing Netherlands
Tata Steel said on Tuesday it will invest more than €65 million in hydrogen-based steel manufacturing in the Netherlands. Hydrogen has the potential to decarbonise...
Tata Steel Inks MoU With Punjab Govt to Setup New Plant in Ludhiana
India’s largest steel maker company, Tata steel, has signed a Memorandum of Understanding (MoU) with the Punjab government to set up a new plant of...
Sensex Slumps Over 1,000 Points on Touch Love of Global Central Banks
On Monday, Indian stocks were in disarray as the Fed’s aggressive monetary policy spooked global financial markets. Global stock markets extended losses, and domestic equity...