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Tata Steel: Tata Steel s UK business likely to make operating profit in H2, says CEO T V Narendran

Tata Steel: Tata Steel s UK business likely to make operating profit in H2, says CEO T V Narendran
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United kingdomNikita periwalTata steel

India only country among top 5 largest steel producers in world to see growth in production; China, US see decline

India Business News: India stands out as the only top steel-producing nation with production growth in April, amidst global declines. China, the global leader in steel pro

United statesSehul bhattNikita periwalWorld steel associationWorld steel

Tata Steel India has enough cash flow to fuel growth: TV Narendran

Tata Steel s robust profitability in its Indian operations positions it well for growth despite increased steel imports from China impacting local prices, according to company MD TV Narendran. He highlighted a strong operational performance in India during the December quarter, with plans for capacity expansion at Neelachal Ispat.

United kingdomRed seaDjibouti generalAnirban chowdhuryNikita periwalNeelachal ispatTata steelTata steel indiaTata steel md tv narendranTata steel resultsTata steel growth plans

India has potential for exporting a lot of EVs: Warren Harris, Tata Technologies

"I am really bullish on India given the way digital has pervaded the society here. Given that it is a price-sensitive market, India has the potential to establish something that it relevant to the world, so there can be a lot of exports from India, particularly in the EV space, given their competitive advantage."

Warren harrisNikita periwalTata motorsTata motorTata technologiesJaguar land roverTata techElectric vehicle

Won t take any more impairment charges for UK operations transition: Tata Steel MD

Tata Steel will not incur additional impairment charges due to the transformation of its UK operations into cleaner manufacturing. Managing Director TV Narendran believes that the UK transition, backed by a £500 million government contribution, will cost structure by £100-150 per tonne post-transition Negotiations with the UK government will provide benchmark for Dutch discussions.

United kingdomNehal chaliawalaNikita periwalTata steelBritish governmentUnited kingdom governmentTv narendranTata steel md tv narendranTata steel uk operationTata steel uk operation restructuring

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