TV Narendran says the steel industry as a whole has done well in the last year. The government has helped the industry to deal with anti-dumping duties, but the imposition of minimum import prices has always been a temporary measure.

No change in ratings of Tata companies, says Moody's Chaubal

Speaking to CNBC-TV18 Kaustubh Chaubal of Moody's said that there is no change in ratings of Tata group companies but should any new facts emerge, then they would review them.

3 directors refused to back Wadia's pro-Mistry resolution: Srcs

Sources have revealed OP Bhatt, M Srinivasan and Andrew Robb refused to back Nusli Wadia's pro-Mistry resolution.

Cyrus Mistry likely to stay as Tata Steel's chairman: Sources

Sources tell CNBC-TV18 that independent directors met prior to Tata Steel board meet and are likely to have voted in favour of Cyrus Mistry.

Ratan Tata in the saddle is positive in long-term, feel experts

Some knee-jerk reaction to the new is expected, but no damage over long-term is expected, said Ramesh Damani, member of BSE & NSE adding that “though it will expose dirty linen of Tata Group to public eye.”

Expect Q3 show to improve on strong festive demand: Tata Motors

Mayank Pareek, President of Passenger Vehicles Business at the automaker said that initial festive demand beginning Onam has been very good for Tata Motors. The company is on course to achieve its business plans globally, he added.

Eyeing domestic power assets not Tata Steel UK: Sajjan Jindal

Sajjan Jindal, Chairman, JSW Group said fortunately enough iron ore capacity is being developed in the country and so, the country we will import very little ore; in fact in time they would be net exporter of iron ore.

Tata Steel may not sell Port Talbot plant in UK

According to the people in the know of the development, Tata Steel is likely to hive off downstream units in Rostherham, Hartlepool and Stocksbridge, reports CNBC-TV18's Nisha Poddar.

Tata Steel targets 1MTPA production at Odisha unit

TV Narendran, Managing Director, Tata Steel says that for next 3 years the company will focus on ramping up Kalinganagar facility and targets a production capacity of 1 MTPA out of this facility.

Asset sale must for Tata Steel to improve operations: IIFL

If the deal does not go through, some pressure will be seen on the stock in near-term, says Tarang Bhanushali of IIFL who has a reduced rating on Tata Steel. In case of no deal, the target price for the stock is Rs 305.

'If MIP is not extended, many steel plants will close down'

The steel industry is joining forces seeking an extension of minimum import price which is slated to expire in August.

UK union asks Tata Steel to clarify intention on sale plan

In a strongly-worded letter, a Tata Steel union has asked the company's management to clarify its intention on what it plans to do with its UK business.

After Greybull deal, workers get new pension plan: Union Leader

Roy Rickhuss, Tata Steel Union Leader, said that all the long-product business workers have joined a new pension scheme. However, the pension scheme as of now remains in place for all the remaining Tata UK workers.

Steel demand getting a boost from highways: Tata Steel India

In a press conference, TV Narendran, MD of Tata Steel India, told CNBC-TV18 that the activity in the highway sector is boosting steel demand and there is a demand pick-up in transmission and railways as well.

Tata Steel buyout is about adding capacity: JSW Steel

The company has no problem in funding acquisitions if it's value accretive, says Seshagiri Rao, Joint MD and CFO, JSW Steel.

Tata Metaliks to file for fresh merger with subsidiary

Merger with Tata Steel fell through due to inordinate delays, says Tata Metaliks Managing Director Sanjiv Paul. He hopes that the application for merger with its subsidiary Tata Metaliks DI Pipes will get approval soon.

UK deal helpful but sector snags may weigh on Tata Steel: Pros

While government initiatives like minimum import price and safeguard duty are aiding revival of the sector, Akash Gupta, Associate Director at Fitch Ratings, says he would keenly watch out for demand growth indicators and how companies handle competitive pressures to maintain their utilisation rates.

Greybull, Tata Steel ink investment deal for Scunthorpe units

As per the deal, Greybull Capital will invest about 400 million pounds into Tata Steel's plants in Scunthorpe.

Sale of Scunthorpe plant to cut losses for Tata Steel: Macquarie

The deal, if it goes through, will be an investment-based deal than an all cash payout deal, says Rakesh Arora of Macquarie Capital Securities.

Tough-talking Port Talbot MP says a buyer must for Tata Steel

While Stephen Kinnock remained hopeful that a reliable buyer for Tata Steel's UK assets will come along, he didn't think the UK government had done a decent enough job in trying to lift the steel business.

Will remodel loss-making plants of Port Talbot: Liberty House

The idea would be to convert the loss-making units into a secondary steel producer from a primary steel producer, said Sanjeev Gupta, Managing Director of metals group Liberty House

Tata Steel restructuring move +ve; not enough for upgrade: S&P

The restructuring will help strengthen financial ratios for the company, says Mehul Sukkawala of Standard & Poor‘s Ratings Service.

Despite UK biz sale, Tata Steel says don't regret buying Corus

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.

See underlying credit growth at 13-14%: Yes Bank

Rajat Monga, Chief Financial Officer & Senior Group President of Financial Markets, Yes Bank is confident of seeing an improvement in credit growth going forward and expects the underlying credit growth to be around 13-14 percent.

Tata Steel engages with 2000 tribals at a conclave

CNBC-TV18's Archana Shukla went to find out, and discovered that the company is trying to take its engagement with locals to the next level.