N Chandrasekaran has adopted a two-pronged strategy for Tata Steel: Make European operations sustainable and grow the Indian business aggressively.
About half a dozen companies and financial institutions are interested in acquiring a stake in the loss-making and highly indebted Bhushan Power and Steel, people familiar with the development confirmed to FE.
Tata Steel has in association with The Energy and Resources Institute (TERI) launched an initiative to create awareness about environment issues in school campuses in Odisha’s Jajpur district, an official said on Tuesday.
Coal import in August declined 24 per cent on a yearly basis as Indian buyers preferred not to buy any fresh fossil fuel and instead wait and watch ahead of an upcoming auction for the power sector.
Tata Steel, India’s second-largest private steelmaker, has expressed interest in bidding for debt-ridden Essar Steel, whose lenders have filed for revival of the company under the Insolvency and Bankruptcy Code
Mjunction Appointed To Build A Platform For E-bidding, E-Evaluation Of Bids And E-allocation Of Oil & Gas Fields
mjunction services limited, one of the country’s largest e-commerce companies and a 50:50 joint venture between Steel Authority of India Ltd and Tata Steel, has been appointed by the Directorate General of Hydrocarbons (DGH) to build a platform for e-bidding, e-evaluation of bids, and e-allocation of oil and gas fields.
To boost its falling freight share, the Indian Railways on Friday signed three long-term tariff contracts and unveiled a new policy for running double-stacked dwarf containers.
Tata Steel became the first steel company to enter into a Long Term Tariff contract (LTTC) with Indian Railways here today.
Private steel major Tata Steel has commissioned a mine air cooling system, first of its kind in the Eastern India, at its Digwadih colliery in Dhanbad district to rescue the miners working in a depth of more than 400 meters.
India’s Tata Steel has agreed to sell its pipe mills in the north of England to UK-based metals and industrial group Liberty House for an undisclosed sum.