As of 31 March 2024, Tata Steel's net debt stands at Rs 77,550 crore. Despite this, the company highlighted its strong liquidity position, with group liquidity at Rs 31,767 crore, including cash and cash equivalents of Rs 9,532 crore
Read MoreDespite these positive trends, Vibhor Steel faced challenges with its operating income, which declined by 4.68 per cent in Q4 FY24 to Rs 29,119.92 lakh from Rs 30,549.41 lakh in Q4 FY23
Read MoreThe government expects to vigorously pursue the privatisation of SCI and NMDC Steel after the elections, banking on heightened investor interest
Read MoreMajor infrastructure projects in the road, rail, and ports sectors, driven by government initiatives to boost growth and employment, are substantial consumers of steel
Read MoreThe agreement includes the construction of a new electrical framework to support Tata Steel's 3.2 million-ton electric arc furnace, which is set to be operational by the end of 2027
Read MoreRevenue from operations decreased by 1.5 per cent to Rs 46,269 crore, compared to Rs 46,962 crore in the same period last year, slightly exceeding the poll's forecast of Rs 44,721 crore
Read MoreBoth entities have committed to fostering indigenisation, enhancing capabilities to produce
Read MoreAccording to reports, former fishermen turned manual workers, demanding higher wages after losing their land to the port, initiated the strike, halting the supply of coking coal and coal to the steel plant since 12 April
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