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Indian companies facing the heat in foreign acquisitions

Tata Steel Ltd is not the only company to have made a massive non-cash write-down on its foreign business.Many top Indian companies that have gone on a frenzied foreign acquisition drive in the......

Why Tata Steel's $ 1.6 billion write-off is GOOD

Tata Steel on Monday announced it would write down assets and goodwill worth $1.6 billion in FY13. Effectively, the company is saying some of its assets, primarily European, are not worth as much......

Tata Steel write-down sparks fund-raising worries

Shares in Tata Steel recovered from early losses on Tuesday, after the company booked a heavy impairment charge, amid concerns that the write-down could threaten the steelmaker's financing ability......

Tata Steel makes $1.6-bn write-down on foreign biz

Adverse economic conditions in Europe, demand-supply imbalance led to impairment. In an indication of sluggish demand abroad, Tata Steel on Monday said it was making a non-cash impairment of $1.6......

Koushik Chatterjee tipped to be Tata Steel's MD

Koushik Chatterjee, the group chief financial officer of Tata Steel, is likely to take over as the next managing director of the company when the current incumbent, H M Nerurkar, retires in......

Tata Steel Chess: Anand finishes joint third after loss

World champion Viswanathan Anand suffered a shocking last-round defeat against Wang Hao of China and had to be content with a joint third finish at the 75th Tata Steel Chess tournament in Wijk......

Tata Steel Chess: Anand draws with Leko in ninth round

World champion Viswanathan Anand played out an easy draw with Grandmaster Peter Leko of Hungary to remain second after the ninth round of the Tata Steel Chess tournament in Wijk Aan Zee, The......

Tata Steel Chess: Anand draws with Leko in ninth round

World champion Viswanathan Anand played out an easy draw with Grandmaster Peter Leko of Hungary in the ninth round of Tata Steel Chess tournament, in Wijk Aan Zee on Tuesday. Playing the black......

Tata Steel chess: Anand held by Sokolov, slips to 2nd

World champion Viswanathan Anand slipped to the second position after he was held to an easy draw by tail-ender Ivan Sokolov of Holland in the eighth round of 75th Tata Steel Chess tournament Wijk......

Tata Steel Chess: Anand to meet Carlsen

Back with a bang, World champion Viswanathan Anand will be up against World No. 1 Magnus Carlsen of Norway in a much-awaited fifth-round clash of the Tata Steel Chess tournament in Wijk Aan Zee,......

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QNA

Q. Is acquisition of Cores by Tata Steel an unwise business proposition judging the present trend? Your views?
Good Citizen: A. more

http://qna.rediff.com/questions-and-answers/is-acquisition-of-cores-by-tata-steel-an-unwise-business-pro/25605818/answers/

Q. Eight Indian companies in Fortune 500 list1. Indian Oil (83rd) USD 86,016 million (annual revenue) 2. Reliance Industries(99) USD 76,119 million3. Bharat Petroleum ( 225) USD 44,582 million4. Hindustan Petroleum (267) (USD 38,885 million)5. SBI (285) USD 36,950 million6. Tata Motors (314) USD 34,575 million7. ONGC (357) USD 30,746 million8. Tata Steel (401) USD 27,739 millionWhere is Wipro ?
Ghost Singh: A. tata group always do good for long term so wait till it revives the company. more

http://qna.rediff.com/questions-and-answers/eight-indian-companies-in-fortune-500-list1.-indian-oil-83rd/25556753/answers/25605835

Q. Is Tata Steel in a big debt trap due to Cores Steel acquisition? Your views?
Good Citizen: A. acoring to http://money.cnn.com/magazines/fortune/fortune500/2012/full_list/ wipro is not in the list :) more

http://qna.rediff.com/questions-and-answers/is-tata-steel-in-a-big-debt-trap-due-to-cores-steel-acquisit/25161756/answers/25556798

Q. shall i buy Tata steel now, as it is almost 52 week's low now...
Raja Sekar: A. When the market revives, on of the first few which starts reaping fruit us steel industry that to with premium co. like tata steel, SAIL, etc. so to cross fingers and wait for it. more

http://qna.rediff.com/questions-and-answers/shall-i-buy-tata-steel-now-as-it-is-almost-52-weeks-low-now./25155127/answers/25161783

Web results for As Tata Steel

What the Tata Steel write-off reveals

In 2007, Tata Steel created history of sorts by acquiring Anglo-Dutch steel maker Corus (now Tata Steel Europe) in a $13-billion deal. ...

http://www.business-standard.com/india/news/whattata-steel-write-off-reveals/517568/

Thrown from a running train, lost her leg, conquers Mt. Everest

New Delhi : Former national level volleyball player Arunima Sinha, who had lost a leg after being thrown off a moving train, today created history... ...

http://www.indiatvnews.com/news/india/real-life-heroine-arunima-sinha-thrown-from-a-running-train-23155.html

Sensex sheds 127 points; realty, auto stocks major losers

Coal India, BHEL, TCS, Infosys and Sun Pharma were the top five gainers, while NTPC, Tata Motors, Maruti, SBI and Tata Steel were the top five... ...

http://news.in.msn.com/business/article.aspx?cp-documentid=253051882

Sensex at One-Week Low, Down 112 Points

Falling for the second day, the BSE benchmark Sensex today slid by over 112 points to close at one-week low of 20,111.61, mainly due to profit... ...

http://news.outlookindia.com/items.aspx?artid=798669

SSI UK achieves daily slab production record

Teesside based Sahaviriya Steel Industries UK set a new daily production record on 7 May, with an output of 10,168 tonnes of slabs cast during the... ...

http://www.steelguru.com/international_news/SSI_UK_achieves_daily_slab_production_record/312759.html

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