Tata Steel veteran and its former MD Jamshed J. Irani passed away on October 31, 2022, at 10 p.m. at TMH, Jamshedpur, Tata Steel said in a statement. He was 86. He is survived by his wife Daisy Irani and his three children, Zubin, Niloufer and Tanaaz. Irani was associated with Tata Steel for 43 years. […]
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Jamshed J. Irani, known as the steel man of India, died in Jamshedpur late Monday night, Tata Steel said. He was 85. Irani was associated with Tata Steel for over four decades. He retired from the board of Tata Steel in June 2011, leaving behind a legacy of 43 years, which won him and the […]
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Explaining the rationale behind the merger scheme, Tata Steel said the resources of the merged entities can be pooled to unlock the opportunity for creating shareholder value. Explaining the rationale behind the merger scheme, Tata Steel said the resources of the merged entities can be pooled to unlock the opportunity for creating shareholder value. “Tata […]
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The proposed amalgamation is also part of Tata Steel’s continuing journey to simplify the group holding structure The proposed amalgamation is also part of Tata Steel’s continuing journey to simplify the group holding structure The Board of Directors of Tata Steel Ltd at its meeting held on September 22 considered and approved schemes for the proposed […]
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Equity benchmarks Sensex and Nifty bounced back after falling in initial trade on Tuesday amid foreign funds inflow and a mixed trend in global markets. The 30-share BSE Sensex advanced 246.47 points or 0.45% to settle at 54,767.62 after starting the trade on a weak note. In a volatile session, the benchmark hit a high […]
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Droupadi Murmu’s nomination as Presidential candidate may have propelled the little known Rairangpur in Odisha’s Mayubhanj district to claim a spot in country’s map now, but the region was not a ‘dull or ordinary’ place in the past. More than a century ago, the tribal heartland of Odisha had played a key role in laying […]
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Tata Steel plans to invest ₹8,500 crore in India and ₹3,500 crore on the company’s operations in Europe Tata Steel plans to invest ₹8,500 crore in India and ₹3,500 crore on the company’s operations in Europe Tata Steel has planned capital expenditure (capex) of ₹12,000 crore on its India and Europe operations during the current […]
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During 2022-23, Tata Steel will be commissioning a pellet plant, which is 70% complete During 2022-23, Tata Steel will be commissioning a pellet plant, which is 70% complete Tata Steel is working on a plan for transition to low carbon technologies for making steel in the U.K. and the Netherlands. In October 2021, Tata Steel […]
Continue ReadingTata Steel has not made any purchase of Pulverised Coal Injection (PCI) coal from Russia post its April announcement of severing business ties with Russia amid the ongoing conflict with Ukraine, a company spokesperson said on June 22. On April 20, Tata Steel had said it would stop doing business with Russia. To ensure business […]
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ONGC becomes India’s second most profitable company behind Reliance Industries Ltd ONGC becomes India’s second most profitable company behind Reliance Industries Ltd On the back of the best-ever price it earned on crude oil it produces, state-owned Oil and Natural Gas Corporation (ONGC) reported a record net profit of ₹40,305 crore in the fiscal year […]
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