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KALINGANAGAR EXPANSION
Union Minister Nitin Gadkari urges joint ventures with US firms to harness advanced technologiesUnion Minister Nitin Gadkari has urged Indian companies to form joint ventures with US firms to access advanced technologies and boost inno...- Tata Steel bets on higher prices, cost savings to lift FY27 marginsTata Steel anticipates improved margins this fiscal year, driven by higher steel prices and domestic volume growth, alongside ongoing cost ...
- Tata Steel CEO TV Narendran cautiously optimistic; sees strong Q1 ahead as steel prices rise across India, UK, & EuropeTata Steel CEO TV Narendran flags multi-point cost pressure from the West Asia crisis but says the company has so far recovered most input ...
- Europe learnings to put Tata Steel ahead in IndiaTata Steel anticipates its UK operations will achieve break-even this fiscal year. This positive outlook stems from recovering steel prices...
- Tata Steel shares crack 4% after Q4 results. Here's why JPMorgan downgraded the stockTata Steel's shares dipped despite a 147% surge in Q4 FY26 net profit to Rs 2,965 crore. Analysts are divided, with JPMorgan downgrading to...
- Tata Steel Q4 Results: Cons PAT soars 147% YoY to Rs 2,965 crore, revenue jumps 13%Tata Steel Q4 Results: Tata Steel reported a consolidated net profit of Rs 2,965 crore in the March-ended quarter versus Rs 1,201 crore in ...
- Tata Steel rolls out first batch of galvanised coils from newly commissioned line at KalinganagarTata Steel has started a new galvanised coil production line at Kalinganagar, Odisha. The first batch of coils is now out. This new line ha...
- Tata Steel completes 5 MT expansion project at Kalinganagar; India capacity crosses 26 MTTata Steel has finished the second phase of expansion at its Kalinganagar plant in Odisha. This increases the company's total capacity in I...
- Tata Steel commissions country’s largest blast furnace at KalinganagarTata Steel has commissioned India's largest blast furnace at its Kalinganagar plant, boosting its steel production capacity from 3 million ...
- Odisha to emerge as Tata Steel's largest investment destination post Kalinganagar expansionTata Steel is set to make Odisha its largest investment destination with the phase-II expansion of its Kalinganagar plant, increasing capac...
- Tata Steel India has enough cash flow to fuel growth: TV NarendranTata Steel's robust profitability in its Indian operations positions it well for growth despite increased steel imports from China impactin...
- Enough growth opportunities within facilities to take capacity to 40 MT in India: Tata Steel CEO"In India, basically we want to increase the capacity. We have already around 21 MT. It will be 25 MT soon because the Kalinganagar expansi...
- Tata Steel to invest Rs 8,000 cr in capex on India operations during FY22: CEO T V NarendranThe amount will be spent mainly towards completion of the expansion of the Kalinganagar plant, and expansion of mining operations and recyc...
- Tata Steel bets on expanding steel demand to double its capacityTata Steel has restarted work on a pellet plant and cold-roll mill complex expansion at Tata Steel Kalinganagar. It was halted due to the l...
- Tata Steel begins work on Phase II at Kalinganagar with new Cold Roll MillThe mill will be capable of producing steel of tensile strength as high as 12,000 MPa (mega pascal) and plates of 18-70 metre wide and up t...
- Rs 12,000 crore rights issue shows Tata Steel is in a sweet spotCash will fund co’s Rs 23,500 crore capex plan including expansion of raw material capacity.
- Tata Steel plans 2nd phase expansion of Kalinganagar plant"Sometime in next six months a proposal will be sent to our board for its approval to start the second phase work at Kalinganagar."
- The profitability of steel industry will improve: TV Narendran, MD, Tata Steel"So far the Kalinganagar plant has been commissioned quite well and we are happy with the ramp up," said TV Narendran.
- Tata Steel to refinance $5.5 billion of debt in this fiscalTata Steel raised $1.5 billion by issuing dollar bond to overseas investors last month. The company has a net debt of Rs 68,540 crore ($11....
- Tata Steel plans Rs 14,000-crore capex during this fiscal"We have a capex plan of Rs 12,000 crore to Rs 14,000 crore in current fiscal year, which will be mainly funded through internal accruals."
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