Tata Steel bounces back with Rs 833 crore net profit in Q2
The company’s revenue from operations in the quarter fell 3 per cent year-on-year to Rs 53,905 crore.
The company’s revenue from operations in the quarter fell 3 per cent year-on-year to Rs 53,905 crore.
The company's revenue from operations during the first quarter declined 8 per cent year-on-year to Rs 54,771 crore compared to Rs 59,490 crore in the same period last year.
While the First Stage consisting of three Pre-Qualifying events of 36 holes each will be held from January 25 – February 3, the Final Stage, a 72-hole event, will be held from February 6 – 9.
The company is switching to lower carbon electric arc furnaces at the plant for which it has been extended financial assistance to the tune of 500 million pounds by the government.
Indian teenager Praggnanandhaa landed a huge upset by defeating reigning World Champion Ding Liren of China in a fourth-round clash at the TATA Steel Masters in Wijk aan Zee on Tuesday.
As on March 31, 2020, the net worth of JCAPCPL was Rs 428.60 crore, while the same for TBSPL was Rs 469.97 crore.
The union cabinet approved the promulgation of the Jharkhand Mineral Bearing Land (Covid-19 Pandemic) Cess Ordinance 2020 to give a boost the revenue for the state.
Infosys, Ultra Tech Cement, Bajaj Auto, HDFC, Bharti Airtel, and HDFC bank were among the laggards.
The losers batch on the BSE was led by Tech Mahindra, slipping 1.76 per cent, followed by HDFC, ICICI Bank, Infosys, HDFC Bank and Kotak Mahindra.
The steel major has also initiated the process to separate Tata Steel Netherlands and Tata Steel UK and will pursue separate strategic paths for the Netherlands and the UK business in the future.
