Tata Steel: Tata Steel in India has performed well in the financial year 2023-24. However, the company’s troubles are about to increase. It is being told that about 1,500 employees of Tata Steel have decided to go on strike in protest against the plan to close blast furnaces and lay off 2,800 employees at two … Read more
Jamshedpur: Contract employee Bablu Gop (27) died due to burn injuries due to hot slag falling on his body during lance jam cutting in Tata Steel’s LD One on Friday morning. The deceased was a resident of Purulia and an employee of contract company Abreast Engineering. Along with informing the family members of the deceased … Read more
Jamshedpur: Tata Steel management has expressed deep condolences on the death of employee Bablu Gop. The management has issued a statement saying that Tata Steel expresses its condolences to the family and loved ones of the deceased in this difficult time.Bablu Gop died while working at 7:40 in the morning. They were contract employees. Tata … Read more
Tata Steel: Tata Steel has told the stock market that it has decided to shut down coke oven operations at its Port Talbot plant in the UK following the collapse. The company has said that it will increase the import of coke to reduce the impact of closure of coke ovens. Tata Steel, UK has … Read more
Tata Steel: Steel producer Tata Steel on Wednesday said that its board of directors has decided not to merge its associate company TRF Limited in view of the improvement in its performance. Tata Steel had earlier announced plans to integrate nine strategic businesses including TRF, Tata Steel Long Products, Tinplate Company of India, Tata Metallics, … Read more
Stocks to Watch Today: Amid strong signals from the global market, the Indian stock market is expected to have a good start today. At 7.55 am, Gift Nifty is up 38.50 points at 21461.50. After the late fall in the US market, temporary trading was seen in major markets of Asia this morning. Taiwan was … Read more
Jamshedpur: Tata Steel’s integrated net profit stood at Rs 522.14 crore in the third quarter of October-December of the current financial year. Good demand in the domestic market compensated for the weak trend in Europe. Tata Steel gave this information to the stock market after the board meeting on Wednesday. A year ago, in the … Read more
Tata Steel Layoffs: The jobs of about three thousand people working in Tata Steel’s UK plant are in danger. Tata Steel is reportedly closing its Port Talbot blast furnace in the UK after a trade union rejected a plan to keep the blast furnace operational. According to the BBC report, a meeting was organized between … Read more
Stock to Watch Today: A huge decline is being seen in the Indian stock market for the last two days. The market has been continuously falling due to profit booking. However, amidst the signals from the global market, greenery may return to the Indian stock market today. At 7:40 am, Gift Nifty was seen up … Read more
Share Market Closing Bell: The five trading days’ rise in Indian shares stopped on Tuesday. BSE Sensex fell 0.26 percent or 193.58 points and closed at 73,134.36. Whereas, Nifty fell 0.29 percent or 65.15 points and closed at 22,032.30. There was a decline in the shares of realty, IT, pharma. Divis Laboratories, HCL Technologies, Wipro, … Read more