Tata Steel Ltd (TISC.BO)
MUMBAI, Feb 8 Indian shares trade flat on Monday as metal firms such as Tata Steel and lenders rallied after the country set minimum import prices for steel products to help a heavily indebted sector struggling to compete against shipments from abroad.
MUMBAI Tata Steel Ltd swung to a hefty third quarter loss on Thursday, blaming cheap Chinese imports for having to axe 3,000 jobs at its UK unit, as it tries to slim down to cope with the global steel crisis.
* Dec qtr loss at 21.3 bln rupees vs profit of 1.57 bln year ago
MUMBAI, Feb 4 India's Tata Steel Ltd swung to a loss in its third quarter, hit by cheap imports into India and Europe and sluggish demand.
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Jan 21 Below are the ratings awarded by Investment Information Credit Rating Agency Ltd. (ICRA) for local debt instruments as of January 20, 2016. COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------ ---------- ------ ----- --------- SHORT TERM RATINGS: ------------------- Aditi Infrabuild & Services
MUMBAI/LONDON Britain's largest steelmaker Tata Steel Ltd said on Monday that it would cut 1,050 UK jobs, in another blow for an industry reeling from cheap imports and tumbling world prices.
* Says future of entire EU steel industry is at stake (Adds further comment, details)
MUMBAI, Jan 18 Tata Steel Ltd said on Monday it would cut 1,050 jobs in Britain, as the biggest steelmaker in that country looks to save costs amid continued falls in the European steel price driven by a flood of cheap imports, mainly from China.
LONDON Tata Steel, the biggest steelmaker in Britain, will axe 1,050 jobs in the country, Sky News reported on Sunday, on top of the 1,170 cuts it announced last year due to low steel prices.