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Monday, May 6, 2024
TopicTata Steel

Topic: Tata Steel

When feminist Lady Meherbai Tata sold her famous Jubilee diamond to save Tata Steel

In ‘#Tata Stories’, Harish Bhat shares forty stories about legendary Tata leaders and how they contributed to India’s nation-building.

Bastar tribals back CM Baghel’s move, oppose privatisation of NMDC steel plant

Raipur: The tribal leaders in Chhattisgarh’s Bastar are planning to join forces to protest the privatisation plans of the under-construction NMDC Iron and Steel...

Tata Steel introduces new company policy for LGBTQ+ employees

The new Tata Steel policy has asked LGBTQ+ employees to list their partners with the company to avail benefits such as health check-ups, medical aid, adoption leave, new-born parent and child care leave.

Tata Steel will axe 3,000 jobs across Europe to cut costs

Tata Steel’s European operations are facing unprecedented severe market conditions & other steps will also be taken to cut costs.

Tata Steel considers selling stake in e-commerce venture mjunction Services

The sale will help Tata raise cash at a time the company is struggling with a fall in demand for steel as cooling economic growth dents consumption.

India’s steel consumption set for slowest growth in 3 years

Steel companies are taking a battering this year as a crisis in the country’s shadow banking sector fueled a cash crunch, and economic growth slowed to a five-year low.

Tata Steel’s $13 billion debt becomes a problem again as Thyssenkrupp deal falls through

Thyssenkrupp deal would’ve transferred some of the debt to the joint venture, allowing Tata Steel to sharpen its focus on ramping up its Indian business.

Tata’s steel plan thrown back into doubt as merger collapses

Tata has been trying to find a solution for its European business since being hit by the 2016 commodity crisis.

With $6 billion debt weighing in, Jindal Steel & Power plans to split into three

But any such plan will need the approval of lenders, regulators & the board, said chairman Naveen Jindal.

As banks become more selective, Indian firms may not find cheap loans abroad

Rising non-performing debt issues of Indian banks are affecting the availability and pricing of offshore loan transactions.

On Camera

‘Trade, not aid’—Narasimha Rao’s 1991 reforms speech that changed India’s economic landscape

On 9 July 1991, then-PM PV Narasimha Rao addressed the nation days before the Budget presentation, admitting that the job of repairing India's sick economy won't be easy, quick, or smooth.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.