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India

Tata Steel Ltd (TISC.NS)

TISC.NS on National Stock Exchange of India

513.60INR
3:55pm IST
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Rs-13.90 (-2.64%)
Prev Close
Rs527.50
Open
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Rs647.60
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Rs441.35

Latest Key Developments (Source: Significant Developments)

Thyssenkrupp Confident On Tata Steel JV Despite Brussels' Doubts
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Thyssenkrupp AG ::COMPANY RECEIVED EU COMMISSION'S STATEMENT OF OBJECTIONS ON JV WITH INDIA'S TATA STEEL.EU COMMISSION'S STATEMENT OF OBJECTIONS IS NO SURPRISE, STILL HOPE TO CLOSE TRANSACTION WITH TATA BY SPRING.  Full Article

Tata Steel Says Unit T S Global Holdings To Divest Entire Stake In NatSteel Holdings, Tata Steel Thailand
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Tata Steel Ltd ::UNIT T S GLOBAL HOLDINGS EXECUTED DEFINITIVE AGREEMENTS TO DIVEST ITS ENTIRE EQUITY STAKE HELD IN NATSTEEL HOLDINGS & TATA STEEL THAILAND.TO DIVEST ITS STAKE TO A COMPANY IN WHICH 70 PERCENT EQUITY SHARES WILL BE HELD BY ENTITY CONTROLLED BY HBIS GROUP.DEAL FOR $327 MILLION AND 30 PERCENT STAKE IN ENTITY HELD BY HBIS GROUP AND TSGH ON 70/30 BASIS.  Full Article

Tata Steel Says Andreas Goss To Be CEO Of Planned European Steel JV With Thyssenkrupp
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Tata Steel Ltd ::THYSSENKRUPP AND CO ANNOUNCE EXECUTIVE LEADERSHIP FOR THE PLANNED EUROPEAN STEEL JOINT VENTURE BETWEEN THE TWO COMPANIES.ANDREAS GOSS TO BE CEO OF JV AND CHAIR MANAGEMENT BOARD OF THYSSENKRUPP TATA STEEL B.V.HANS FISCHER, CURRENTLY THE CEO OF TATA STEEL EUROPE, WILL BE THE DEPUTY CEO & CHIEF TECHNOLOGY OFFICER OF JOINT VENTURE.SANDIP BISWAS IS THE DESIGNATED CHIEF FINANCIAL OFFICER OF JV.PLANNED TO ANNOUNCE THE NEXT MANAGEMENT LEVEL FOR THE JOINT VENTURE EARLY IN THE NEW YEAR.  Full Article

India's Tata Steel Sept-Qtr Consol Profit Rises Over Three-Fold
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Tata Steel Ltd ::SEPT QUARTER CONSOL NET PROFIT 31.16 BILLION RUPEES VERSUS PROFIT OF 10.18 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL NET PROFIT WAS 22.47 BILLION RUPEES.SEPT QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 435.44 BILLION RUPEES VERSUS 324.64 BILLION RUPEES LAST YEAR.SEPT QUARTER STANDALONE NET PROFIT 32.68 BILLION RUPEES VERSUS PROFIT OF 12.94 BILLION RUPEES LAST YEAR.  Full Article

Thyssenkrupp says developments will not affect planned JV with Tata Steel
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Thyssenkrupp ::BOARD MEMBER, IN LETTER TO EMPLOYEES, SAYS THE CURRENT DEVELOPMENTS WILL NOT HAVE ANY IMPACT ON THE INTENDED PARTNERSHIP WITH TATA STEEL EUROPE <<>>.  Full Article

Tata Steel To Continue Talks With European Commission On JV With Thyssenkrupp
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Tata Steel Ltd ::SAYS TATA STEEL TO CONTINUE DISCUSSIONS WITH EUROPEAN COMMISSION ON PROPOSED JOINT VENTURE WITH THYSSENKRUPP."COMMITTED TO CONTINUED CONSTRUCTIVE ENGAGEMENT WITH THE EC IN THE FOLLOWING MONTHS AS PART OF THE NEXT PHASE OF THIS REVIEW PROCESS".  Full Article

Tata Steel Says Q2 Standalone Production Of 3.27 Mln Tonnes Vs 3.20 Mln Tonnes
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Tata Steel Ltd ::SAYS Q2 STANDALONE PRODUCTION OF 3.27 MILLION TONNES VERSUS 3.20 MILLION TONNES.SAYS Q2 TATA STEEL EUROPE PROVISIONAL PRODUCTION OF 2.46 MILLION TONNES VERSUS 2.60 MILLION TONNES.Q2 FY19 PRODUCTION IN EUROPE WAS IMPACTED BY SHUTDOWNS FOR ONGOING UPGRADATION PROGRAM, ANNUAL MAINTENANCES IN SEASONALLY WEAKER QUARTER.Q2 FY19 PRODUCTION IN EUROPE WAS ALSO IMPACTED BY TWO UNPLANNED OUTAGES.SAYS Q2 TATA STEEL SOUTH-EAST ASIA PROVISIONAL PRODUCTION OF 0.55 MILLION TONNES VERSUS 0.61 MILLION TONNES.Q2 FY19 DELIVERIES WERE LOWER DUE TO LOWER PRODUCTION; FURTHER IMPACTED BY SEASONALITY.SAYS Q2 BHUSHAN STEEL PROVISIONAL PRODUCTION OF 1.05 MILLION TONNES VERSUS 0.85 MILLION TONNES.  Full Article

Thyssenkrupp Deputy Chairman Says Uncertainty Among Workers Rising
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Thyssenkrupp ::DEPUTY CHAIRMAN TELLS REUTERS NEED QUICK SOLUTION FOR COMPANY AS A WHOLE, UNCERTAINTY AMONG WORKERS IS NOTICEABLY RISING.  Full Article

India's Tata Steel Says To Buy Steel Business Of Usha Martin
Saturday, 22 Sep 2018 

Sept 22 (Reuters) - India's Tata Steel ::SAYS SIGNS DEFINITIVE AGREEMENTS TO BUY STEEL BUSINESS OF USHA MARTIN LTD <<>> THROUGH A SLUMP SALE ON A GOING CONCERN BASIS.SAYS CO OR ANY OF ITS SUBSIDIARIES OR AFFILIATES MAY CARRY OUT ACQUISITION AT CLOSING.  Full Article

Tata Sons Says NCLT Order Vindicates Position Of Tata Trusts & Tata Sons
Monday, 9 Jul 2018 

July 9 (Reuters) - Tata Sons Ltd::WELCOMES NCLT ORDER.SAYS ORDER OF NCLT VINDICATES POSITION OF TATA TRUSTS AND TATA SONS.TATA SONS HOPES THAT FINALITY WILL BE GIVEN TO JUDGEMENT OF NCLT BY ALL CONCERNED IN LARGER INTEREST OF COMPANIES, SHAREHOLDERS AND PUBLIC.JUDGEMENT RE-AFFIRMED, VINDICATED THAT TATA SONS AND ITS COMPANIES HAVE ALWAYS ACTED IN A FAIR MANNER.  Full Article

BUZZ-India's Tata Steel hits over 1-month high; chart suggests more upside

** Shares of Tata Steel Ltd gain as much as 3.08 pct to 495.5 rupees, their highest since Jan 9