The Tata group firm exports no steel from its Indian operations to the United States, and the company expects any secondary impact- from exporter-manufacturers using its steel, to be limited, MD and CEO TV Narendran told Moneycontrol
Deleveraging will happen in the natural course, as soon as the company starts generating free cash flows in excess of what’s required, he said.
Sanjeev Krishan, Chairman, PwC in India, and Koushik Chatterjee, Executive Director and CFO, Tata Steel, were invited for the inaugural episode. To lend the right note to the discussion, Ajay Piramal, Chairman of Piramal Enterprises, made some introductory remarks to share his thoughts highlighting how Piramal Enterprises plans to extend its ESG focus over the next few years and their plans for an ESG fund
We will pursue an aggressive growth path in India because India is a place where demand opportunity is going to grow, Koushik Chatterjee, ED (Finance and Corporate), Tata Steel.
All eyes are on Budget, which is just round the corner, and Koushik Chatterjee, Group ED, Tata Steel is of the view that investments in research and development (R&D) is a necessity and Indian companies must take on the R&D path as a critical business objective.
All eyes are on Budget which is just round the corner and Haseeb Drabu, Finance Minister of Jammu and Kashmir, suggests that Arun Jaitley should focus on public expenditure.
The Indian steel giant offered a number of guarantees to its staff at Port Talbot steelworks in south Wales, the UK's largest steel plant, including a minimum five-year guarantee to keep both furnaces operational at the site.
Online education system is increasingly taking over the traditional methods of teaching. Technology has become more advanced and a increasing ...
Tata Group owned Tinplate Company of India (TCIL) has said it will focus on the domestic market
In an exclusive interview, Tata Steel Director Koushik Chatterjee said the company took the "strategic" decision to divest in the UK business in light of its grim financial condition and that it could take any further impairments.
Other income stood at Rs 2,938.2 crore for the quarter, significantly higher compared to Rs 321.5 crore in year-ago period due to sale of shares in Tata Motors.
Total consolidated income of the firm declined by 21 percent to Rs 33,666.18 crore in January-March quarter of 2014-15 fiscal, from Rs 42,428.05 crore in the same quarter of the 2013-14.
Tata Steel‘s current operations are not affected by Supreme Court‘s recent order on coal blocks, says Group CFO Koushik Chatterjee. However, higher iron ore royalties will hit company‘s margins slightly.
No matter who comes to power and even if it is a restatement on July 1, it will take a long time before confidence and trust comes in as far as investments are concerned, says Koushik Chatterjee, Group CFO, Tata Steel
The 106-year-old giant faces the toughest challenges of its existence. Can Cyrus Mistry hammer it back into shape?
I have with me three of the sharpest minds from corporate India. Two of them actually sharp finance minds Koushik Chatterjee, Group CFO of Tata Steel and Shankar Raman, CFO of Larsen and Toubro (L&T); also joining me is Mr. Pawan Goenka, President – Auto, Mahindra & Mahindra (M&M).
Koushik Chatterjee, Group CFO, Tata Steel said that focusing on its inflation targets, the RBI had no other option but to keep rates unchanged. According to him, growth is something which RBI alone cannot bring, the fiscal side too has to be cooperative for enabling the growth momentum.
Tata Steel , the world's No.7 steelmaker, expects global steel demand to improve and raw material prices to remain stable, finance chief Koushik Chatterjee said on Friday.
India needs a big trigger in terms of investments in infrastructure and consumption enablers like interest rates and so on, says Koushik Chatterjee of Tata Steel.
Tata Steel, the world’s seventh largest steel maker reported higher-than-expected consolidated net loss of Rs 602.67 crore for the December quarter compared with Rs 1,003 crore profit in the year-ago period, as demand for steel fell sharply in crisis-hit Europe.
The CNBC-TV18 'CFO Awards' - the most coveted awards in the field of finance in India was given away today in a glittering ceremony in Mumbai.
Tata Steel , the world's No. 7 steelmaker, expects demand recovery in its key European market to be volatile and is targeting production next year at similar levels to the current fiscal year, a top official said.
Two years ago when the Parliamentary Standing Committee suggested the Companies Bill mandate auditor rotation, both corporate India and its auditors dissented.
Tata Steel's first quarter profits zoomed to Rs 5,300 crore from Rs 1,800 crore clocked in the corresponding quarter last year. Talking about the numbers, group chief financial officer Koushik Chatterjee told CNBC-TV18 he was seeing sign of a slowdown in the global economy.
This week, India announced a complete makeover of its takeover rules. SEBI has accepted most of the recommendations made by the Takeover Regulations Advisory Committee (TRAC) last year.