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Karl Ulrich K

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Tata Steel surges; Q4 operating profit beats forecast

Tata Steel shares rose as much as 6.65 per cent on Friday after its January-March quarterly operating profit beat analyst estimates.Brokerage IDFC estimated Tata Steel posted an adjusted standalone......

Koushik Chatterjee tipped to be Tata Steel's MD

Koushik Chatterjee, the group chief financial officer of Tata Steel, is likely to take over as the next managing director of the company when the current incumbent, H M Nerurkar, retires in......

Tata Steel reports Rs 364-cr loss in Q2

Tata Steel Group today reported Rs 364 crore (Rs 3.64 billion) consolidated loss during the second quarter of the current fiscal on lower realisation from European operations. The company, which......

Corus to invest Rs 1,355 cr in UK

Tata Steel-owned Corus on Tuesday said it will invest 185 million pound ( 1,355 crore) in the No 4 blast furnance at Port Talbot steelworks in Wales, that will increase capacity by 400,000 tonnes a......

UK minister hopeful on buyer for Corus unit

Fresh from his visit to India in the last week of July, Britain's Business Secretary (minister) said he was hopeful a buyer would be found for Tata Steel-owned Corus' Teesside Cast Productsplant in......

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