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tata steel: Tata Steel reports ₹6,511 cr Q2 loss on impairment costs from UK operations

Tata Steel reported a significant loss of ₹6,511.16 crore in the September quarter due to exceptional losses related to asset impairment and restructuring costs for its UK operations. The company is also investing in an electric arc furnace in the UK with government support. Tata Steel s consolidated revenue fell to ₹55,682 crore from ₹59,878 crore in the previous year. While the company performed well in India, it faced operating losses in Europe. The company is exploring decarbonization projects in the Netherlands with government support.

Tata Steel sees consolidated net loss of Rs 6,196 cr in Sept quarter

Tata Steel sees consolidated net loss of Rs 6,196 cr in Sept quarter
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Race for the Candidates: Four places still up for grabs

The Candidates Tournament and the Women’s Candidates Tournament will be played simultaneously next year in Toronto. Four spots are still up for grabs in the open event, while three participants remain to be decided among the women. In both cases, two spots will be decided in the upcoming Grand Swiss tournaments. Let us recap who already qualified, and who are the frontrunners to get the remaining spots. | Pictured: Elite grandmasters apparently discussing a position during the Grand Swiss opening ceremony. | Photo: Anna Shtourman

Number of women in blue-collar jobs increasing across manufacturing sector

Lady candidates need not apply. So read the postscript in a job notice from Telco (now Tata Motors) on a notice board in the corridors of the Indian Institute of Science, Bangalore (now Bengaluru), in 1974. Irked, Sudha Murty, who was then pursuing her masters in computer science at the institute, wrote a postcard to JRD Tata, expressing her surprise at this gender discrimination, especially since the Tata Group were pioneers on many fronts. Shortly, Murty became the first woman on the firm s shop floor.

Tata Steel consolidated output falls 3 2 pc to 7 26 million tonne in July-September

Tata Steel Thailand produced 0.28 MT steel as against 0.30 MT last year, while the deliveries were the same as production numbers in the country. Automotive & special products segment deliveries increased about 7 per cent quarter-on-quarter as well as year-on-year.

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