Tata Steel expects to operationalise three million tonne steel plant in the first phase of its six million tonne greenfield steel project at Kalinga Nagar, by March 2014. This is despite the fact that the company has not been able to get raw material security for the project as allotments of mines are yet to come through. The project is co
Tag: Tata Steel
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High cost causes Tata Steel to post consolidated loss
For the quarter ending September 2012, the Tata Steel posted a consolidated net loss of Rs 363.9 crore
compared to a net profit of Rs 212 crore for the year-ago period. The company attributed losses to lower steel prices and higher raw material costs, coupled with the poor performance of its Europe division, Tata Steel Europe, whic
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Coke oven battery of Tata Steel goes on stream
As part of its ambitious 9.7 million tonne per annum expansion project in its Jamshedpur facility, Tata Steel commissioned a new coke oven battery No 10 and by-product
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Mining firms in Odisha gets notices
Several mining firms in Odisha received notices from the state government seeking penalty for
mining "without statutory clearances" over the past deca
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Tata for noise mitigating technology
In order to reduce the mitigate the impact of noise from running trains in the neighbourhood of railway tracks, Tata Steel is keen to adopt ‘SilentTrack’ technology.
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I don't think many people want to take up new SEZs
Tata Realty and Infrastructure has invested in SEZs, but its CEO Sanjay Ubale tells Shashidhar Nanjundaiah why SEZs no longer offer a lucrative platform for investors.
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Dhamra's pvt rail line is R3i's first
The rail connectivity to Orissa's Dhamra port will be the first such connectivity project in the country under the Indian Railways' New Railways' Infrastructure for Industry Initiative (R3i).
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Captive coal blocks: Capturing future scarcity today
The coal ministry is expected to table the Coal Regulatory Authority Bill in the Parliament in the ongoing Budget Session. If passed, it would mean a new era in transparency in captive coal block allocation.