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Steel News
Sensex up 100 points amid stock specific activity Thanks to sustained buying in several front line stocks, the market, which moved up sharply in early trades this morning on strong global cues, remains well entrenched in positive territory now. The BSE benchmark Sensex, which rose to 16,366.72 in early trades, is currently up 99.94 points or 0.62% at 16,283.20. The Nifty index of the National Stock Exchange is up 30.45 points or 0.62% at 4936.50,
Euro zone woes cast shadow over Tata Steel's prospects
Tata Steel’s March 2012 quarter performance saw positives in the form of Tata Steel Europe (TSE) regaining profitability at the operating level, after losses in the December 2011 quarter.
Cyrus Mistry joins Tata Steel board
After Tata Consultancy Services, Tata Power and Tata Teleservices, Cyrus Mistry has joined the board of Tata Steel as an additional director.
Today's picks
We must get to competitive levels of productivity and capability: Karl-Ulrich Kohler
Steel demand in Europe continues to be a concern because of the euro zone crisis. It, and operational difficulties, caused a downturn in performance of Tata Steel Europe (TSE). Earnings were Rs
India changes stance on rise in US visa fee
To strengthen its case against the US, India has changed its stance on the issue of rise in visa fees, saying the higher professional visa fees were targeted only towards Indian technology firms, |
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