Interpreting Budget Dynamics
Will Budget 2023 help India’s economic fortunes? A panel of the country’s leading economists, CEOs, industrialists and tax experts discuss what the Budget offers.
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Recession worries, energy costs weigh heavily on Tata Steel Europe
The European business lost ₹7,810 at EBITDA level for each tonne of steel that it produced in the December quarter
Tata Steel aims to switch to recycling scrap in U.K.: CEO TV Narendran
Escalating energy costs in the U.K. burden the steelmaker
Tata Steel’s Man For All Seasons
Thirty-four years in the company, T.V. Narendran took up the top job in 2018. Four years later, the steelmaker reported its highest-ever profit. How did he turn the tables?
India's great opportunity to emerge as steel export hub
Tata Steel, JSW and SAIL ramp up steel production capacities, eyeing a slice of international market also.
Tata Steel to invest ₹1 lakh crore to double its steelmaking capacity
It is expected to expand production capacity at its plants in Angul, Kalinganagar and Jamshedpur to achieve 40MT target.
Tata Steel cut debt 40% during Covid-19; zero net debt likely in 11 qtrs
It will take 11 quarters to bring down its net debt to zero at the current run rate.
Ghost of Corus, Tata Steel UK, nearing self-sufficiency, says CEO TV Narendran
Tata Steel Europe posted EBITDA of ₹1,533 crore and ₹3,340 crore in the first and second quarters, respectively.
Fortune 500 India: “Steel prices may stay higher than in last 10 years”
Fortune India spoke to Tata Steel MD and CEO T.V. Narendran after the company announced a 661% jump in net profit in Q2 FY22.
Tata Steel net profit rises 7x to ₹12,548 crore in Q2 FY22
Debt repayments of ₹11,424 crore in the first six months of FY22; gross debt reduced to ₹78,163 crore.
