Mumbai, July 13 (IANS) Indian equity markets opened lower on Monday as crude oil prices rebounded to near the $80-per-barrel mark amid renewed geopolitical tensions.Sensex began the session at 76,963.35, down over 600 points or 0.78 per cent, while Nifty started at 24,039.40, declining 167.50 points or 0.69 per cent.Sector-wise, most indices traded in the red, led by Nifty Auto and Nifty Metal, which fell up to 1 per cent. Nifty Consumer Durables, Nifty PSU Bank and Nifty Private Bank also witne…
Latest Tata Steel News & Updates
Mumbai, July 7 (IANS) The upcoming streaming series ‘The Tatas’ is set to tell the story of one of the most influential business clans of India, who helped in nation building. The series is envisioned as a premium multi-season drama, and is adapted from Girish Kuber’s book, ‘The Tatas: How a Family Built a Business and a Nation’. The series will chronicle the architecture of a family whose corporate ethos, industrial breakthroughs, and philanthropic institutions became deeply intertwined w…
New Delhi, July 2 (IANS) Tata Steel has begun planning the next phase of its expansion as it progresses towards its long-term target of achieving 40 million tonnes per annum (MTPA) of steelmaking capacity, Chairman N. Chandrasekaran said on Thursday.Addressing shareholders at the company’s 119th Annual General Meeting (AGM), Chandrasekaran said the commissioning of Phase II of the Kalinganagar plant has increased Tata Steel’s total capacity to 26.1 MTPA.He described the expansion as ‘a decisive …
Mumbai, June 25 (IANS) Indian stock markets opened higher on Thursday as crude oil prices eased towards the $70-per-barrel mark, with tankers resuming their exit from the Strait of Hormuz following an initial peace deal between the US and Iran.Sensex started the session up 400 points or 0.52 per cent at 77,391.07, while Nifty opened at 24,125.85, gaining over 100 points or 0.43 per cent.Most sectoral indices traded in positive territory, led by Nifty Realty and Nifty Auto, gained up to 1 per cen…
Mumbai, June 23 (IANS) Indian equity markets opened on a flat note on Tuesday after a multi-session rally driven by easing tensions in West Asia.Sensex opened at 77,086.05, down 8 points or 0.01 per cent, while Nifty started the session at 24,071.30, lower by 31.60 points or 0.13 per cent.Sector-wise, Nifty Pharma was top gainer, rising 0.41 per cent, followed by Nifty MidSmall Healthcare (up 0.40 per cent), Nifty 500 Healthcare and Nifty Media, both gaining 0.29 per cent. While Nifty Cement and…
Mumbai, June 8 (IANS) Indian equities opened sharply lower on Monday, with benchmark indices falling 1 per cent each amid escalating tensions in West Asia, rising crude oil prices and weak global cues.Sensex opened at 73,421.61, down over 800 points or 1.11 per cent, while Nifty began the session at 23,080.70, declining 286 points or 1.22 per cent.Sector-wise, selling pressure was seen across realty, metal, auto and information technology stocks, which witnessed the sharpest declines. Realty sto…
New Delhi, June 5 (IANS) Indian equity markets traded higher in the morning session on Friday ahead of a key central bank policy decision as investors awaited cues on how the central bank plans to address inflation and currency pressures amid elevated energy prices driven by geopolitical tensions in West Asia.Sensex jumped as much as 0.48 per cent or 357 points to 74,717.57, hitting an intraday high in early trade. Similarly, Nifty was trading 0.42 per cent or 100 points higher at 23,516.Sector-…
Mumbai, May 22 (IANS) GreenLine Mobility Solutions Ltd., an Essar venture and a pioneer in green logistics, further strengthened its longstanding partnership with Tata Steel with the flag-off of LNG-powered trucks at Tata Steel’s Meramandali facility in Odisha.The deployment marks another step forward in the ongoing collaboration between the organisations to decarbonise long-haul road logistics across multiple operational locations in India. The initiative reflects the shared vision and commit…
Mumbai, May 20 (IANS) Indian stock markets opened lower on Wednesday, mirroring weak global cues from the US and Asian markets amid rising bond yields and geopolitical tensions in West Asia.Sensex opened at 74,806.49, down 394.36 points or 0.52 per cent, while Nifty began the session at 23,457.25, slipping 160.75 points or 0.68 per cent.Later in the morning trade, the 30-share index declined as much as 671 points or 0.89 per cent to hit an intraday low of 74,529. Similarly, the Nifty fell 220 po…
Mumbai, May 13 (IANS) Indian benchmark equity indices ended a highly volatile trading session with marginal gains on Wednesday, supported by buying in metal, oil and gas stocks, even as weakness in IT, banking and auto counters capped the upside.The 30-share Sensex closed 49.74 points, or 0.07 per cent, higher at 74,608.98 after witnessing sharp intra-day swings. During the session, the index touched an intra-day low of 74,134.48 and a high of 75,191.57.The Nifty settled at 23,412.60, up 33.05 p…