Jamshedpur: Three moutaineers from Jharkhand on Saturday scaled the world's tallest peak, Mount Everest, Tata Steel sources said. Meghlal Mahato and Binita Soren, reached the summit at 6:50 am and Rajendra Singh Pal, brother of acclaimed mountaineer Bachendri Pal who trained them, reached the peak earlier at 4:40 am. The team had set out from Kathmandu on March 25 and chosen to trek from Jiri to Lukla to acclimatise the...
09:09 PM, May 26, 2012
New Delhi: Tata Steel has topped a list of India's 50 most admired companies, while four other companies from the steel-to-software conglomerate Tata group have also made to the first such rankings. However, the first such list for India, compiled by business magazine Fortune and global management consultancy Hay Group, has nearly half of the total 50 positions being occupied by the Indian units of the foreign companies. Tata Steel...
02:46 PM, Mar 06, 2012
New Delhi: Two Indian companies - Tata steel and ONGC - have made it to a list of the world's most admired companies, compiled by management consultancy giant Hay Group and global business magazine Fortune. While the global rankings of the Indian companies were not known, the worldwide list has been topped by US-based technology giant Apple. While Apple has topped the list for the fifth consecutive year, it is...
07:07 PM, Mar 05, 2012
Jamshedpur: Tata Steel Europe (formerly Corus), needs investment and it can be planned only after economic situation in Europe improves, group chief Ratan Tata said on Saturday. "It (Tata Steel Europe) was performing in negative due to various reasons, including the prevailing economic conditions there and high cost of raw materials. "Our European operations need investment. Let the economic condition improve there, which I hope would take place fast, and...
02:11 AM, Mar 04, 2012
Every year, 17 million people use the Channel Tunnel, the undersea rail network that connects the United Kingdom with north of France. Considered as one of the Seven Wonders of the modern world, 37.9 km of the 50.5 km-long tunnel passes under the sea. To make sure that each and every part of this sophisticated transport network is as safe as possible, authorities recently opted for a new kind of...
11:15 AM, Feb 28, 2012
Chaibasa (Jharkhand): Maoists shot dead a man suspecting him to be a police informer and torched two vehicles and three drilling machines belonging to private steel major Tata Steel in East Singhbhum district, police said. A group of the ultras on Monday set on fire two four-wheelers, one water tanker and three drilling machines in Sankura, about 11 km from Chotanagra police station in East Singhbhum district, said, Superintendent of...
10:17 PM, Feb 13, 2012
Wijk Aan Zee (Netherlands): Asian champion P Harikrishna put up another sterling show to beat Illya Nyzhnyk of Ukraine and stretch his lead to a full point after the end of the ninth round of the 'B' group of Tata Steel Chess Tournament here. Taking his tally to an impressive seven points out of a possible nine, Harikrishna made his tactics work again and Nyzhnyk had no clue what hit...
01:33 PM, Jan 25, 2012
Mumbai: Indian equity benchmark Sensex dropped 1 per cent on Friday led by the slowdown in industrial growth and Moody's negative outlook on the Indian banking system due to rising bad loans. Depreciation in rupee, rising crude oil prices and consistent problems in the eurozone were other concerns that dampened market sentiment further. The 30-share BSE Sensex fell 169.28 points, to close at 17,192.82 and the 50-share NSE Nifty lost...
09:05 AM, Nov 11, 2011
Name: Tata Steel Why they won: For operating with a higher organisational purpose beyond just maximising profits. For aligning the interests of multiple stakeholders - customers, employees, partners, investors, the community and the environment. For successfully balancing doing well with doing good. It was the early 1990s and Prime Minister PV Narasimha Rao had invited the countrys top industrialists to Delhi for an informal chat. The Tata group was represented...
11:20 AM, Nov 02, 2011
Mumbai: It was a boring sort of a day on Dalal Street on Thursday, with benchmarks losing 0.4 per cent on expected profit booking after Wednesday's 400 point plus rally on the Sensex. The 30-share BSE Sensex fell 74.47 points, to close at 16,883.92 and the 50-share NSE Nifty declined 21.55 points, to end at 5,077.85. It seemed like the market had already discounted all positive news of the week...
09:13 AM, Oct 13, 2011
New Delhi: Vietnam on Wednesday assured India of early implementation of Tata Steel's $5 billion project in Ha Tinh province which is pending since 2008. This is one of the largest investments by any Indian company abroad. "We understand the importance of Tata Group. Indian and Vietnamese officials are trying their best to kick start the Tata project," Vietnamese President Truong Tan Sang said in New Delhi. There have been...
06:49 PM, Oct 12, 2011
Mumbai: Tata Steel on Friday said its fiscal first-quarter net profit tripled, mainly due to one-time gains, but the steelmaker flagged high raw material costs and economic uncertainty as a cause for concern. In a presentation to analysts, Tata Steel said uncertainty about the economy had risen following the downgrade of US debt and the European sovereign debt issue. The world's No 7 steelmaker also said growth sentiment in key...
04:41 PM, Aug 12, 2011
Mumabi: Overseas investments by Indian companies in July was $2.69 billion, with Tata Steel, Crompton Greaves and Glenmark, among the leader players committing investments abroad. The FDI outflows last month is almost half of $5.47 billion outflow in June. According to an RBI data released on Tuesday, as many as 289 overseas investment transactions were carried out by various companies last month, with Sanmar Group International leading the pack. It...
10:37 PM, Aug 02, 2011
New Delhi: After the one-lakh-rupee car, the Tata Group is now planning to launch affordable Nano houses that will cost just Rs 32000. This plan is aimed at the rural market and said to be ready by the end of 2012. "It's a quick fit pilot built in 7 days. Essence is you should have a land. Pricing is based on a 20 sq mtr area with a flat root...
08:50 AM, Jul 16, 2011
Kolkata: Maoists on Saturday threatened the Tatas to withdraw the Singur case from the Calcutta High Court or else they would go for an indefinite economic blockade in all their installations including Tata Steel Plant at Jamshedpur. "If the Tatas try to grab land and paralyse the economic life of the people of Singur, then we will also think of indefinite economic blockade in all the factories of the Tatas,...
09:56 PM, Jun 25, 2011
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