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Breaking News

  • AP: Taiwan's president says the Dalai Lama cannot visit the island
  • AP: First commercial flight in a week arrives in Bangkok after protesters lift airport siege.
  • AP: Pakistan's president says suspects named by India will be tried in Pakistan.
  • Units are on scene of a large fire with multiple victims at the Centanial Towers in Pawtucket, RI; rescues in progress - scanner reports.
  • AP: U.S. Secretary of State Condoleezza Rice arrives in New Delhi in wake of Mumbai attacks.
via @BreakingNewsOn

tata steel

Tata Steel introduces scheme to cut workforce

December 3rd, 2008 - 5:15 pm ICT by IANS -
Ranchi, Dec 3 (IANS) India's leading steel maker Tata Steel is introducing an early separation scheme in its Jamshedpur plant in Jharkhand to downsize the workforce, officials said Wednesday.Employees above 50 years ...

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Tata Steel net profit up 213 percent

December 2nd, 2008 - 10:42 pm ICT by IANS -
New Delhi, Dec 2 (IANS) Tata Steel Ltd, one of the leading steel makers in the world, Tuesday said its consolidated net profit rose 213 percent for the quarter ended September 2008, ...

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Question marks over future of Haldia port

November 27th, 2008 - 1:44 pm ICT by IANS -
Kolkata, Nov 27 (IANS) With increased siltation choking channels and reducing its navigability, a question mark hangs over the future of Haldia Port - a major conduit for trade in the country's ...

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Government to take up TATA Steel issue with Vietnam

Government to take up TATA Steel issue with Vietnam

November 26th, 2008 - 8:32 pm ICT by ANI -
By Ravinder Singh Robin Hanoi, Nov.26 (ANI): The Indian governement, presently being represented by President Pratibha Devisingh and her delegation in Vietnam, is likely to take up the Tata Steel project issue ...

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Government to take up TATA Steel issue with Vietnam

Government to take up TATA Steel issue with Vietnam

November 26th, 2008 - 6:51 pm ICT by ANI -
Hanoi, Nov.26 (ANI): The Indian governement, presently being represented by President Pratibha Devisingh and her delegation in Vietnam, is likely to take up the Tata Steel project issue with the Vietnamese ...

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Key equities index ends 700 points in red (Roundup)

November 11th, 2008 - 6:43 pm ICT by IANS -
Mumbai, Nov 11 (IANS) As analysts had feared, the bull run lost steam just after two successive sessions and Indian equities markets once again came under a severe bear grip Tuesday with ...

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Equities surge, key index tops 10,000 mark again (Roundup)

November 10th, 2008 - 6:39 pm ICT by IANS -
Mumbai, Nov 10 (IANS) Indian equities markets opened strong Monday and steadily gained throughout the day to end in the green with a key index gaining by more than 500 points to ...

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Tata owned steel giant Corus to cut production by 30 percent

November 8th, 2008 - 1:44 am ICT by IANS -
London, Nov 8 (DPA) Steel giant Corus, Europe's second-largest steel company owned by India's Tata Steel, Friday announced plans to cut production by 30 percent over the next six months.The company, formerly ...

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Orissa acts tough against agitating doctors

November 7th, 2008 - 5:24 pm ICT by IANS -
Bhubaneswar, Nov 7 (IANS) The Orissa government Friday sent a clear message to nearly 3,000 doctors, who resigned en masse to protest dismissal of their three colleagues, by accepting the resignation of ...

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Tata-owned Corus to axe 400 jobs

November 7th, 2008 - 11:18 am ICT by IANS -
London, Nov 7 (IANS) Corus, owned by the Tata Steel Group, has announced plans to cut 400 jobs at its distribution arm, saying it had been operating in a "volatile and fluctuating" ...

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Jharkhand tribals demand tripartite pacts for new industries

November 6th, 2008 - 4:09 pm ICT by IANS -
Ranchi, Nov 6 (IANS) Rejecting the rehabilitation and resettlement (R&R) policy of the state government, tribals in Jharkhand Thursday demanded that those who want to set up industries in the state sign ...

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Key Indian market Index ends over 500 points down (Roundup)

Key Indian market Index ends over 500 points down (Roundup)

November 5th, 2008 - 8:10 pm ICT by IANS -
Mumbai, Nov 5 (IANS) A key Indian share market index ended Wednesday with a loss of over 500 points, or nearly 5 percent, as the market mood once again went into the ...

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Hit by slowdown, Orissa steelmakers seek bailout

November 5th, 2008 - 2:20 pm ICT by IANS -
Bhubaneswar, Nov 5 (IANS) Orissa's sponge iron industry has been hit hard by the economic slowdown, notwithstanding a rush for new projects in the state, forcing existing players to cut production and ...

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Orissa doctors resign en masse over colleagues’ dismissal (Lead)

November 3rd, 2008 - 8:59 pm ICT by IANS -
Bhubaneswar, Nov 3 (IANS) Government doctors in Orissa Monday resigned en masse to protest the dismissal of three of their colleagues, who had allegedly cut off the palms of five tribals' bodies ...

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Orissa doctors threaten mass resignation over colleagues’ dismissal

November 3rd, 2008 - 3:28 pm ICT by IANS -
Bhubaneswar, Nov 3 (IANS) Government doctors in Orissa Monday threatened to resign en masse to protest the dismissal of three doctors, who had allegedly cut off the palms of five tribals while ...

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Chhattisgarh celebrates birthday

November 1st, 2008 - 7:12 pm ICT by IANS -
Raipur, Nov 1 (IANS) Chhattisgarh Saturday observed its eighth anniversary with a host of companies like Tata Steel, power major NTPC and SAIL participating in events to mark the celebrations.Chhattisgarh was carved ...

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Raman Singh begins road shows with hope of retaining power

Raman Singh begins road shows with hope of retaining power

October 30th, 2008 - 4:46 pm ICT by IANS -
Raipur, Oct 30 (IANS) Chhattisgarh Chief Minister Raman Singh Thursday hit the road to spearhead the Bharatiya Janata Party (BJP) bid to retain power in next month's two-phased elections for the 90-member ...

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Tata Steel opens briquette plant in South Africa

October 30th, 2008 - 11:34 am ICT by IANS -
Richards Bay (South Africa), Oct 30 (IANS) A new briquette plant set up by the South African subsidiary of Tata Steel in the industrial port of Richards Bay became operational earlier ...

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Integrity makes Tatas an outstanding business house: Chidambaram

October 25th, 2008 - 7:02 pm ICT by IANS -
New Delhi, Oct 25 (IANS) One of India's top business conglomerates, the Tata Group, stands out from any other business group in the world due to their intellectual, moral and financial integrity, ...

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Orissa doctors dismissed for cutting palms of tribals (Lead)

October 24th, 2008 - 5:35 pm ICT by IANS -
Bhubaneswar, Oct 24 (IANS) The Orissa government Friday dismissed three doctors for allegedly cutting off the palms of five tribals while performing autopsies on their bodies. The tribals were killed during police ...

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Orissa doctors dismissed for cutting palms of tribes

October 24th, 2008 - 4:26 pm ICT by IANS -
Bhubaneswar, Oct 24 (IANS) Orissa Friday dismissed three doctors from their jobs for allegedly cutting off palms of five tribes during autopsy. The tribes were killed during a police firing in the ...

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Chidambaram advises investors not to sell in panic

Chidambaram advises investors not to sell in panic

October 23rd, 2008 - 7:33 pm ICT by ANI -
New Delhi, Oct 23 (ANI): Finance Minister P. Chidambaram on Thursday advised investors not to indulge in panic sale of stocks. Chidambarams comment came after Sensex (the countrys main stock index) plunged ...

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Sensex falls below 10,000-mark, Rupee also at record low

October 23rd, 2008 - 1:03 pm ICT by ANI -
Mumbai, Oct 23 (ANI): The benchmark Sensex tumbled by over 488 points and again dipped below the 10,000-mark in early trade on Thursday. The Indian Rupee also hit a record low ...

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Steel wire prices down by 20 percent

October 22nd, 2008 - 7:11 pm ICT by IANS -
Kolkata, Oct 22 (IANS) Prices of steel wires have gone down by nearly 20 percent in the last six weeks due to a fall in demand, a top official of the Steel ...

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Jitters continue, Indian equities markets close in red (Roundup)

Jitters continue, Indian equities markets close in red (Roundup)

October 22nd, 2008 - 6:52 pm ICT by IANS -
Mumbai, Oct 22 (IANS) After two successive days of gains, Indian equities markets once again closed in the red Wednesday following weak global cues and general nervousness, analysts said.The benchmark 30-share sensitive ...

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Orissa tribals protest Vedanta’s mining project

October 20th, 2008 - 8:12 pm ICT by IANS -
Bhubaneswar, Oct 20 (IANS) Hundreds of tribals Monday staged a demonstration here protesting a mining project by Britain's Vedanta Resources in Orissa's Niyamgiri Hills, the police said. In August, the Supreme Court ...

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Delays holding up industry expansion: Tata Steel chief

October 18th, 2008 - 12:30 pm ICT by IANS -
Bangalore, Oct 18 (IANS) Prolonged delays in land acquisition, allotment of captive iron ore and other raw material, and inadequate infrastructure are holding up capacity expansion and execution of new Tata Steel ...

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Tata-owned Corus, Jaguar Land Rover take a knock (Lead)

October 17th, 2008 - 6:44 pm ICT by IANS -
London, Oct 17 (IANS) Two companies owned by the Tata Group in Europe have taken cost-cutting steps in response to the financial crisis sweeping Britain and other wealthy countries.While Corus, Europe's biggest ...

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Tata Steel says Corus’ pension funds not at risk

October 15th, 2008 - 5:22 pm ICT by IANS -
New Delhi, Oct 15 (IANS) Tata Steel Wednesday said the pension fund surplus of its British subsidiary, Corus group, has risen in the last quarter ended Sep 30, compared to the previous ...

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Tribal leader to challenge Orissa’s move against road blockade

October 12th, 2008 - 6:57 pm ICT by IANS -
Bhubaneswar, Oct 12 (IANS) The leader of an anti-displacement movement will legally challenge the Orissa government's decision to sue him for staging a road blockade that allegedly prevented a child from being ...

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