Steel
Tata Steel to acquire Brahmani River Pellets for Rs900 cr
24 Dec 2016
Tata Steel will acquire 100-per cent stake in Brahmani River Pellets in a Rs900-crore all-cash deal, in a move that would help the company secure raw material and reduce costs at its Kalinganagar steel unit in Odisha
Tata Steel UK reaches pensions agreement with trade unions
08 Dec 2016
Key to the agreement is replacing the current British Steel Pension Scheme with a “defined contribution scheme” with maximum contributions of 10 per cent from the company and six per cent from employees
Tata Steel close to deal with workers on UK plant: report
05 Dec 2016
A deal would keep the plant, which employs around 4,000 workers, running at least till 2020
SAIL to sell stakes in three units via auction
30 Nov 2016
Tata Steel UK to sell speciality steels business to Liberty House for £100 mn
28 Nov 2016
Tata Steel plans to keep the rest of the UK business including the strip products arm based in Port Talbot, and is in talks with ThyssenKrupp for a merger of their European steel operations
Mining baron Janardhan Reddy’s offices raided after wedding
22 Nov 2016
Within days of mining baron G Janardhan Reddy's daughter's lavish wedding that reportedly cost over Rs500 crore, the Income Tax Department has raided his offices in Bellari
Liberty House tables $130-mn bid for Tata Steel UK’s speciality steel and pipe businesses
30 Sep 2016
Tata Steel net loss widens to Rs3,183 cr in Q1 on UK plant sale
13 Sep 2016
The company reported a Rs2,833 crore loss for the April-June 2016-17 period due to divestment of Long Steel UK Limited alone
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
.jpg "India, Nigeria agree on local currency settlement system")
