Tata Steel
BMW Industries Wins ₹364.69 Cr Tube Conversion Contract from Tata Steel
BMW Industries Ltd and its wholly-owned subsidiary BMW Iron & Steel Industries have bagged a big order from Tata Steel for converting hot...
Tata Steel Targets ₹11,500 Crore Global Cost Cut in 18 Months
Tata Steel is launching a fresh cost-cutting drive aimed at saving ₹11,500 crore (approximately $1.3 billion) across its global operations within the next...
SC Liquidation Order on Bhushan Power Shakes JSW Steel, Sparks IBC Concerns
The Supreme Court’s order to liquidate Bhushan Power and Steel Ltd (BPSL) has left JSW Steel in legal and financial limbo, four years...
Tata Steel Q4 Profit Likely to Jump 34.6% YoY to ₹1,060 Cr: PL Capital
Tata Steel is likely to log a 34.6% year-on-year increase in consolidated net profit during the fourth quarter of FY25 at ₹1,060 crore,...
India Weighs Safeguard Duty on Steel Imports Amid Industry Concerns
On 17 March, Darpan Jain, Director General, Directorate General of Trade Remedies (DGTR), said that India is continuing to examine a proposal to...
China’s Steel Surge Pressures Indian Giants as Fitch Lowers Rating Headroom
India’s steel industry is feeling the heat as Fitch Ratings downgraded the rating headroom for JSW Steel and Tata Steel. The agency cited...
Trump’s Steel Tariffs Intensify India’s Case for Safeguard Duties
An announcement on the safeguard duty, which has been anticipated by the Indian steel industry, was widely expected in the first two weeks of...
NHAI Tightens Quality Control for Reinforcement Steel in Infrastructure Projects
National Highways Authority of India (NHAI) has overhauled its quality control system for reinforcement steel used in government infrastructure projects. A recent policy circular...
Tata Steel CEO Calls for Government Action to Curb Rising Steel Imports
Tata Steel CEO T V Narendran has urged the government to take immediate action to control rising steel imports, which he says are...
Tata Steel to Raise ₹3,000 Crore By Way of Bonds After 1-Year Hiatus: Shares Jump 3%
On 14 February, sources close to the company told news agencies that Tata Steel planned to return to the corporate bond market for the...
