Tata Steel on Monday, October 7 reported its business update for the September quarter. its crude steel production in India stood at 5.27 million tonne in the second quarter of the current financial year (FY25), an increase from 5.02 million tonne in the year-ago period. Delivery volumes for Tata Steel India rose to 5.10 million tonne […]
Tata Steel signs £500 million grant funding pact with the UK govt – CNBC TV18
Tata Steel Ltd on Wednesday, September 11, signed a £500-million-pound-sterling grant funding agreement with the UK government for £1.25-billion-pound-sterling green steel project at Port Talbot. The grant funding agreement with the UK government will let Tata Steel install a state-of-the-art electric arc furnace at Port Talbot steelworks in Wales. The project will preserve the UK’s […]
Blow For Mining Companies — ‘Buying opportunity’ in JSW Steel, JSPL, SAIL, says this analyst – CNBC TV18
The Supreme Court has allowed state governments to collect past dues from mining companies in the form of taxes and royalties starting April 2005. However, the states have been asked to not levy interest on past dues and the time for payment of the demand will be over a 12-year period, starting April 1, 2026. […]
Blow For Mining Companies — Tata Steel, NMDC shares sell-off as retrospective tax worries return – CNBC TV18
Shares of Tata Steel Ltd., MOIL Ltd., and NMDC Ltd. faced selling pressure on Wednesday after the Supreme Court verdict on the ability of states to levy tax and royalty on minerals. A bench led by Chief Justice DY Chandrachud allowed states to collect past dues in the form of royalty and tax from April […]
Tata Steel shares may rise another 18% but an analyst spots one overhang – CNBC TV18
Shares of Tata Steel Ltd. were trading with gains of as much as 2% on Thursday, August 1. The Tata Group company’s first-quarter operational numbers beat estimates. Tata Steel reported a consolidated EBITDA of ₹6,694.4 crore, compared to the CNBC-TV18 poll estimate of ₹6,320 crore. Tata Steel has spent ₹3,777 crore on capital expenditure during […]
Stock Market LIVE Updates | Nifty looks to scale past 25,000 on weekly expiry post positive global cues
Stock Market LIVE Updates | Nifty Set For Another Dash At 25,000! Good Morning! Welcome to CNBC-TV18’s LIVE stock market updates where we will bring to you all the latest happenings on Dalal Street through the course of the day. The Nifty is on the cusp of 25,000 as has been the case through the […]
Nifty Approaches 25,000: Market Insights and Future Projections
In typical market terms, waiting three to five years tests patience. However, in the recent volatile market, even waiting three days for a milestone can be trying. Currently, the Nifty is just 49 points away from the 25,000 mark. It came within 0.2 points on Monday, 30 points on Tuesday, and 16 points on Wednesday […]