To drive expansions via Shree Uttam merger: Uttam Galva

Uttam Galva steel is hopeful of an improvement in the ferrous sector's performance going forward. It is also positive on the merger of Shree Uttam Steel and Power with Uttam Galva.

Why do great Indian cos self-destruct? Ambit explains

The Nifty churns were almost 50 percent or higher over a decade compared to 25-30 percent seen in the developed markets. Significant emergence of new industries like IT and telecom led to a lot of churn in the index.

Jamshedpur expansion will drive Q2 volumes:Tata Steel CFO

In an interview to CNBC-TV18, Koushik Chatterjee, the compay‘s CFO said that Q2 volumes will be driven by the 3 million tonnes per annum capacity expansion at its existing 6.8 mtpa Jamshedpur plant

Local iron ore prices higher owing to supply constraints

In an interview to CNBC-TV18, Ankit Miglani, deputy MD of Uttam Galva said that weak demand situation from automobile sector, white goods and construction has severely affected steel prices.

Jamshedpur expansion to make Q4 better: Tata Steel

In an interview with CNBC-TV18, Koushik Chatterjee, Group CFO of Tata Steel said both Europe and India saw an increase in steel prices in Q1 and domestic operations were supported by higher realisations.

RBI credit policy: No rate cuts cheers India Inc as inflation worries remain

India Inc has reasons to cheer on untouched rates, but concerns on inflation, liquidity and falling GDP remain

Europe market a concern, India sales to grow: 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.

Rising costs in Europe party pooper, says Tata Steel

Rising input costs and pressure from European operations led to dismal quarter, says Tata Steel.

New mining bill can dig EPS pains for major miners: Experts

The Cabinet today cleared the new Mines and Minerals Development and Regulation Bill, 2011. The new bill mandates a 26% post tax profit-sharing by coal miners for the project-affected people. While the step aims to benefit tribals in the minning areas, experts say the move is all set to push down profits of major mining and power companies.

Pennar Ind sees steel supply from JSW going down

Nirupender Rao, chairman of Pennar Industries Limited which sources steel from JSW talks to CNBC-TV18 of the difficulties and the way ahead for the company.

Tata Steel wary of margin pressure despite robust Q1 nos

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.

Difficult to improve realisations ahead: Bhushan Steel

The realisations of leading secondary steel maker Bhushan Steel & Strip stood at USD 300 a tonne in Q1 better than Street's expectations. However, Nitin Johri, chief financial officer of the company in an interview to CNBC-TV18 said, it would be difficult to improve realisations from here on.

L&T aims to close Tata Steel, Indiabulls orders in 2-4 yrs

KV Rangaswami, Whole-time Director & President - Construction Chennai, L&T talks to CNBC-TV18 about the new orders they have bagged from Tata Steel and Indiabulls Power. The total new orders stand at Rs 1,610 crore.

Tata Steel says Q4 Europe performance much better than Q3

Tata Steel Friday said the underlying performance of its European business in the fourth-quarter (January-March) was much better than in the previous quarter (October-December) mainly due to cost-cutting measures initiated by the company in the aftermath of the financial crisis.

Century Ply plans home furniture, shipping space foray

In an interview with CNBC-TV18, Sajjan Bhajjanka, MD, Century Plyboards spoke about the latest happenings in the company and the road ahead.

Ratan Tata: The man behind the brand

The Tata Group is in the league of the top 50 most valuable global brands and their biggest asset is their chairman, Ratan Tata. That's the word coming from group director R Gopalakrishnan.