Moneycontrol PRO

business

Tata Steel results weak but outlook positive: Nirmal Bang

Commenting on the performance, Tata Steel group executive director – finance and corporate Koushik Chatterjee said that group‘s South-Asian business posted a loss on account of lower profitability in the Thailand division and a provision in the China vertical while Indian operations reported stable operations despite weak steel prices.

first published: Nov 12, 2014 06:15 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347