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Tata Steel reports $477 million Q1 loss on Europe plant sale
Edit Deccan Chronicle 13 Sep 2016
India's Tata Steel Ltd reported on Monday a $477 million consolidated first-quarter net loss as it sold a business in Europe, and said talks continued for a proposed partnership to run its European plants ... In July, Tata Steel halted a planned sale of its British Port Talbot plant which has been hit by huge losses and massive pension liabilities....
Tata Steel Q1 loss widens 10 times to Rs 3k cr
Edit The Times of India 13 Sep 2016
Tata Steel has started the financial year on a weak note with its losses widening 10-fold to Rs 3,183 crore in the April-June quarter ... The company, an arm of Tata Group, sold the Scunthorpe unit at a loss of Rs 3,296 crore to private equity major Greybull Capital ... Value-added products rose 8% in the quarter, with it now comprising 35% of Tata Steel Europe's sales....
Mamata requests Tatas to remove factory sheds, or Bengal government will do it
Edit The Times of India 13 Sep 2016
Chief minister Mamata Banerjee has decided to follow the Supreme Court's Singur land-return order in "letter and spirit" and hence wants Tata Motors to voluntarily dismantle its unfinished factory sheds occupying over 49 acres so that the plots can be given back to their rightful owners ... The CM believes the move won't create any misunderstanding with the Tatas since she is only obeying the apex court directive....
Vedanta Wins Cairn Approval for BHP-Style Resources Conglomerate
Edit Bloomberg 13 Sep 2016
Vedanta Ltd.’s plan to create an Indian resources heavyweight to compete with the likes of BHP Billiton Ltd. got a boost Monday after shareholders in its oil unit, Cairn India Ltd., agreed to a proposal to combine the two companies ... The transaction is expected to be effective by the end of the financial year in March ... The deal will allow India’s most-indebted metals company after Tata Steel Ltd ... ....
Amitabh Bachchan to return with Kaun Banega Crorepati 9?
Edit Bollywood Life 13 Sep 2016
By Karan shah . Published. September 13, 2016 5.15 am. comments. Superstar Amitabh Bachchan seeks blessings from Lalbaughcha Raja, see HQ pics!. Amitabh Bachchan spotted in a bohemian look for Tata Sky Ad, see pics!. Superstar Amitabh Bachchan launches Dilip De’s art exhibition ‘Celebration of Love’ in Mumbai, see HQ pics. Did Amitabh Bachchan not celebrate Independence Day this year? ... Ain’t that a good news? ... ....
US rate hike storm hits markets again
Edit DNA India 13 Sep 2016
--> Sumit Moitra . Tue, 13 Sep 2016-07.00am , Kolkata , dna. Fed rate hike prospects jolt global markets; Sensex tanks 446 points, most since Brexit referendum, as fears of money leaving Indian shores for US surface ... Earlier in May 2013, similar fears had roiled the global markets and sent the rupee to a record low ... Hindalco was the top loser at 8.8%, followed by YES Bank, Tata Steel, Bank of Baroda and Ambuja Cements. Sumit Moitra. ....
Talga Graphene Partnership With German Battery Group (Talga Resources Ltd)
Edit Public Technologies 13 Sep 2016
(Source. Talga Resources Ltd). 13 September 2016 ASX.TLG. http.//www.talgaresources.com/irm/PDF/1455/KiskamaIOCGProjectDrillingResults TALGA GRAPHENE PARTNERSHIP WITH GERMAN BATTERY GROUP. Talga Resources Ltd. ABN 32 138 405 419. 1st Floor, 2 Richardson St, West Perth, WA 6005. T. +61 8 9481 6667. F. +61 8 9322 1935 ... T ... Collaborative testing is underway with a range of corporations including industrial conglomerate Tata and UK listed Haydale....
Steel industry still in crisis, warn workers as Tata posts loss
Edit Belfast Telegraph 12 Sep 2016
Steelworkers have warned of a continuing crisis in their industry as Indian giant Tata slumped to a net loss of 31.8 billion rupees (£358 million) for the quarter to June amid continued uncertainty over its UK operations ... GMB member Ian Kemp, who works at the Tata plant in Rotherham, wore his bright yellow and blue works jacket as he told delegates ... In a message to Tata, he said....
Tata Steel posts £358m net loss in second quarter
Edit Belfast Telegraph 12 Sep 2016
Tata Steel has slumped to a net loss of 31.8bn rupees (£358m) for the quarter to June amid continued uncertainty over its UK operations ... Tata sold its European long products division based in Lincolnshire to Greybull Capital during the quarter for a nominal sum ... After deciding to sell its remaining UK business, Tata announced in July that it was putting that process on hold while it pursued a European tie-up....
Tata Power Club Enerji expands its footprint across India (TATA Group - TATA Sons Ltd)
Edit Public Technologies 12 Sep 2016
TATA Group - TATA Sons Ltd) ... Tata Power's Club Enerji is focused on school students to champion the noble cause of conservation of resources and moral and civic values thereby supplementing the cause of nation building ... Tata Power started 'Tata Power Club Enerji' in 2007 to propagate efficient usage of energy and to educate the society on climate change issues ... TATA Group - TATA Sons Ltd....
Tata Power and ICICI Venture partner to launch power platform with global investors (TATA Group - TATA Sons Ltd)
Edit Public Technologies 12 Sep 2016
TATA Group - TATA Sons Ltd). September 09, 2016 Platform targets power sector assets that are operational or near-completion Joint commitment of up to $850 million by Tata Power, ICICI, CDPQ (Canada), KIA (Kuwait) and SGRF (Oman) Platform to invest in advanced thermal, hydro and transmission assets ... Tata Power's wholly ... TATA Group - TATA Sons Ltd....
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