News for 'Steel'

Tata Steel Chess India: Praggnanandhaa ends joint third

Tata Steel Chess India: Praggnanandhaa ends joint third

Rediff.com7 Sep 2023

In the most awaited contest of the tournament, Gukesh took on Praggnanandhaa in the penultimate round.

Rs 1600 cr being spent to keep Ganga 'dip-safe' for Kumbh Mela

Rs 1600 cr being spent to keep Ganga 'dip-safe' for Kumbh Mela

Rediff.com24 Jan 2025

The Uttar Pradesh government is taking comprehensive measures to ensure the Ganga River is "dip-safe" during the Maha Kumbh, a massive religious gathering. This includes daily water testing, a 200-km temporary drainage system for greywater, and state-of-the-art technology to manage human waste. Authorities are also emphasizing the importance of keeping the river clean by removing pooja waste and encouraging the use of reusable items.

Markets bounce back; Sensex climbs 218 points

Markets bounce back; Sensex climbs 218 points

Rediff.com18 Oct 2024

ICICI Bank, Tata Motors, Tata Steel, NTPC, JSW Steel, State Bank of India and Adani Ports were the other big gainers. Asian Paints, Nestle, Tech Mahindra, HCL Technologies, Hindustan Unilever, Infosys and ITC were the other big laggards.

Goodbye Skipper!

Goodbye Skipper!

Rediff.com29 Nov 2024

'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.

Trump's tariff threats spooks markets; Sensex down 106 points

Trump's tariff threats spooks markets; Sensex down 106 points

Rediff.com26 Nov 2024

Trump's tariff threats spooks markets; Sensex down 106 points

What makes Essar steel sector's comeback kid

What makes Essar steel sector's comeback kid

Rediff.com21 Jun 2022

Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. They also ended up helping their lenders get back a significant chunk of the money while allowing Tata Steel to consolidate its position and giving the world's two largest steel makers - ArcelorMittal and Nippon Steel - a strong foothold in India. A significant contrast was the pace at which these two cases were resolved under the bankruptcy code. In the annals of the Insolvency and Bankruptcy Code (IBC), Essar Steel may go down in history as the most noticeable resolution with the world's largest steelmaker, ArcelorMittal, and the incumbent, Ruia family, locked in an intense battle spanning more than two years and ultimately resulting in full recovery of the principal amount for the financial creditors.

Shivaji statue wouldn't have collapsed if...: Gadkari

Shivaji statue wouldn't have collapsed if...: Gadkari

Rediff.com4 Sep 2024

Union minister Nitin Gadkari has said if stainless steel had been used for construction of Chhatrapati Shivaji Maharaj's statue at Rajkot fort in Maharashtra's Sindhudurg district, it would not have collapsed.

Sensex, Nifty rebound after days of downtrend

Sensex, Nifty rebound after days of downtrend

Rediff.com19 Nov 2024

From the 30-share Sensex pack, Mahindra & Mahindra, Tech Mahindra, HDFC Bank, Titan, Tata Motors, UltraTech Cement, Power Grid and Infosys were the biggest gainers. In contrast, Reliance Industries, State Bank of India, Bajaj Finserv, Maruti, Tata Steel and Bharti Airtel were among the laggards.

One Month Of Trump: The World Is In Shock

One Month Of Trump: The World Is In Shock

Rediff.com20 Feb 2025

The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.

39 trains cancelled after goods train derails in Telangana

39 trains cancelled after goods train derails in Telangana

Rediff.com13 Nov 2024

A goods train derailed in Peddapalli district of Telangana, leading to the cancellation of 39 passenger trains, officials of South Central Railway (SCR) said on Wednesday.

Infra sectors' growth in negative zone after three-and-half years

Infra sectors' growth in negative zone after three-and-half years

Rediff.com30 Sep 2024

The growth in production of eight key infrastructure sectors entered a negative zone after three-and-a-half years, contracting 1.8 per cent in August 2024 due to decline in output of coal, crude oil, natural gas, refinery products, cement and electricity, according to official data released on Monday. The growth rate was 6.1 per cent in July. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 13.4 per cent in August 2023.

Guha Apologises For Bumrah Remark

Guha Apologises For Bumrah Remark

Rediff.com16 Dec 2024

Isa Guha has apologised for her controversial comment about Jasprit Bumrah.

The Film That Made Amitabh THE Superstar

The Film That Made Amitabh THE Superstar

Rediff.com29 Jan 2025

Though Zanjeer is credited as Amitabh's breakthrough film, it didn't immediately enthrone him. Rajesh Khanna countered with a huge hit in Daag that year. But Deewar upended audience's cinematic taste and filmland hierarchies at the very start of 1975. Bachchan emerged as a one man industry, the angry young man who could regulate the thermostat of the entire film industry, recalls Dinesh Raheja.

Why the British operations remain a drag on Tata Steel's performance

Why the British operations remain a drag on Tata Steel's performance

Rediff.com22 Feb 2023

Tata Steel has a very British problem. The performance of Europe dragged the steel major's October-December (Q3FY23) performance with the UK business accounting for a major part of the operating loss; on the bottom line, the overhang of the British Steel Pension Scheme (BSPS) showed. And a nearly three-year discussion with the UK government on a support package for a green transition resulted in an offer that fell short of the ask.

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Sensex, Nifty close lower on selling in Reliance, spike in retail inflation

Rediff.com15 Oct 2024

From the 30 Sensex firms, Bajaj Finance, Reliance Industries, Tata Steel, JSW Steel, Tech Mahindra, Tata Motors, Kotak Mahindra Bank and Maruti were the biggest laggards. Reliance Industries Ltd, India's most valuable company, on Monday reported a 5 per cent fall in the July-September quarter net profit as weak oil refining and petrochemical business hurt operational performance. ICICI Bank, Bharti Airtel, Asian Paints, Adani Ports, UltraTech Cement and HCL Technologies were among the gainers.

Losses in blue-chip stocks drag markets down

Losses in blue-chip stocks drag markets down

Rediff.com8 Nov 2024

Stock markets closed lower for the second straight day on Friday amid relentless foreign fund outflows and losses in blue-chip stocks Reliance Industries, ICICI Bank and State Bank of India. Benchmark BSE Sensex declined by 55.47 points or 0.07 per cent to settle at 79,486.32. During the day, it tanked 424.42 points or 0.53 per cent to 79,117.37.

Tata Chess: Uzbek Abdusattorov emerges as early leader

Tata Chess: Uzbek Abdusattorov emerges as early leader

Rediff.com13 Nov 2024

Uzbekistan's young grandmaster Abdusattorov Nodirbek emerged sole leader in the open section of the Tata Steel Chess India Rapid tournament in Kolkata on Wednesday.

PCB splash billions to transform Pakistan's cricket venues

PCB splash billions to transform Pakistan's cricket venues

Rediff.com13 Sep 2024

The Pakistan Cricket Board has allocated 12.8 billion rupees for the renovation of stadiums in Lahore, Karachi and Rawalpindi ahead of next year's ICC Champions Trophy, informed PCB chairman Mohsin Naqvi.

Sensex tanks 836 points; Nifty ends at 24,199

Sensex tanks 836 points; Nifty ends at 24,199

Rediff.com7 Nov 2024

From the 30-share Sensex pack, Tata Motors, Tech Mahindra, UltraTech Cement, JSW Steel, Sun Pharma, Asian Paints, IndusInd Bank and ICICI Bank were the major losers. State Bank of India emerged as the only gainer from the pack.

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Vedanta slumps from Sept 30 peak: Is it a good entry point?

Rediff.com22 Nov 2024

After climbing to a record high of Rs 523 on September 30, shares of commodity major Vedanta have come off over 15 per cent amid a fall in the overall markets. The Anil Agarwal-led firm's latest slump comes after its stock price doubled over the past one year. Is it a blip or a trend reversal?

'Maintaining My Rating Is Challenging'

'Maintaining My Rating Is Challenging'

Rediff.com1 Jan 2025

'There are several talented players like R Vaishali, Divya Deshmukh, Vantika Agrawal, so the future is certainly bright.'

India Inc sends mixed signals on H2FY25 capex path

India Inc sends mixed signals on H2FY25 capex path

Rediff.com16 Nov 2024

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March 2025, according to management commentary. Minutes from the October monetary policy meeting show the Reserve Bank of India's (RBI's) optimism about private investments picking up.

Markets slump 1%; Sensex tumbled 821 points

Markets slump 1%; Sensex tumbled 821 points

Rediff.com12 Nov 2024

From the 30-share Sensex pack, NTPC, Asian Paints, HDFC Bank, State Bank of India, Tata Motors, JSW Steel, Maruti and Power Grid were among the major laggards. On the other hand, Sun Pharma, Infosys and ICICI Bank were the gainers.

Rohit to team: 'Shun the rumours, focus on winning'

Rohit to team: 'Shun the rumours, focus on winning'

Rediff.com4 Jan 2025

Rohit Sharma exhorted his teammates to shut down outside noises and rumours and focus on winning the ongoing fifth Test against Australia that will help them retain the Border-Gavaskar Trophy.

ISL: Jamshedpur FC continue winning run

ISL: Jamshedpur FC continue winning run

Rediff.com21 Oct 2024

Jamshedpur FC held on to their one-goal advantage to secure all three points, making it three wins from three home matches at the Furnace.

Sensex falls 385 points amid weak global trends

Sensex falls 385 points amid weak global trends

Rediff.com16 Dec 2024

From the 30-share Sensex blue-chip pack, Titan, Adani Ports, UltraTech Cement, Tata Consultancy Services, NTPC, Bharti Airtel, Tech Mahindra, Infosys, Hindustan Unilever and JSW Steel were the biggest laggards.

FPI selling spree, IT stocks dampen investor sentiment

FPI selling spree, IT stocks dampen investor sentiment

Rediff.com18 Nov 2024

From the 30-share Sensex pack, Tata Consultancy Services, Infosys, NTPC, HCL Technologies, Axis Bank, Tech Mahindra, Bajaj Finserv, Sun Pharma, IndusInd Bank and Reliance Industries were the major laggards. Tata Steel, Hindustan Unilever, Mahindra & Mahindra, Nestle and State Bank of India were among the gainers.

2 Maha private school teachers booked for hitting students with steel ruler

2 Maha private school teachers booked for hitting students with steel ruler

Rediff.com9 Jul 2023

One of the accused teachers then allegedly hit the 10 students on their hands with a steel ruler, causing injuries to them, the official from Hill Line police station said.

Magnus Magic in Kolkata! Carlsen completes stunning double

Magnus Magic in Kolkata! Carlsen completes stunning double

Rediff.com17 Nov 2024

World No. 1 Magnus Carlsen secured a remarkable double victory at the Tata Steel Chess India tournament, winning both the rapid and blitz titles.

ASI seeks control of Sambhal mosque post violence, cites heritage status

ASI seeks control of Sambhal mosque post violence, cites heritage status

Rediff.com1 Dec 2024

The Archaeological Survey of India (ASI) has sought control and management of the Shahi Jama Masjid in Sambhal, Uttar Pradesh, citing its status as a protected heritage structure. The request comes after violence erupted during a court-ordered survey of the mosque, which was linked to a petition claiming that a Harihar temple once stood at the site. The ASI has argued that unauthorized changes to the mosque's structure by the management committee are unlawful and should be restricted. A three-member judicial commission has been formed to probe the violence and is expected to visit Sambhal on Sunday.

Penny Stocks That Could Have Made You A Millionaire

Penny Stocks That Could Have Made You A Millionaire

Rediff.com27 Aug 2024

Had you invested Rs 10,000 each in JSW Steel, Titan Company and Bajaj Finance 20 years ago, when they were just penny stocks (trading below Rs 10), you would have become a millionaire by now.

Three workers killed in mishap at Guj bullet train project site

Three workers killed in mishap at Guj bullet train project site

Rediff.com5 Nov 2024

The incident took place at Vasad village located on the under-construction Bullet Train route, said district superintendent of police Gaurav Jasani.

Steel Man of India, Jamshed J Irani, passes away at 86

Steel Man of India, Jamshed J Irani, passes away at 86

Rediff.com1 Nov 2022

Jamshed J Irani, known as the steel man of India, died in Jamshedpur late Monday night, Tata Steel said. He was 86. "The Steel Man of India passes away. It is with profound grief that Tata Steel informs of the demise of Padma Bhushan Dr Jamshed J Irani," Tata Steel said in a statement. He passed away on October 31, 2022 at 10 PM at TMH (Tata Hospital) in Jamshedpur, it said.

Sensex, Nifty extend losses; Reliance, Airtel drag

Sensex, Nifty extend losses; Reliance, Airtel drag

Rediff.com5 Sep 2024

Among the 30 Sensex firms, Reliance Industries declined over 1 per cent. Tata Motors, Nestle, Bharti Airtel, Bajaj Finance, Larsen & Toubro, JSW Steel and Mahindra & Mahindra were other big laggards. In contrast, Titan, ITC, Infosys, HCL Technologies, Tata Steel and State Bank of India were among the biggest gainers.

PCB vows quick visas to Indian fans travelling for Champions Trophy

PCB vows quick visas to Indian fans travelling for Champions Trophy

Rediff.com1 Nov 2024

Naqvi said that the PCB would like to see Indian fans visit Pakistan and watch the Indian and Pakistan match in Lahore.

Siemens stock drops rapidly as management flags growth challenges ahead

Siemens stock drops rapidly as management flags growth challenges ahead

Rediff.com31 Dec 2024

Siemens's share price has lost ground in the past few sessions following weak management commentary. The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries. Government infra-spending may regain momentum from January 2025.

Sensex, Nifty hit fresh highs tracking rally in Asian peers

Sensex, Nifty hit fresh highs tracking rally in Asian peers

Rediff.com26 Sep 2024

Benchmark indices Sensex and Nifty climbed to fresh all-time highs on Thursday driven by buying in auto shares amid a sharp rally in Asian markets. The BSE Sensex jumped 666.25 points or 0.78 per cent to settle at an all-time high of 85,836.12. During the day, it reached a record intra-day peak of 85,930.43, surging 760.56 points or 0.89 per cent.

Magnus Carlsen takes sole lead in Tata Chess

Magnus Carlsen takes sole lead in Tata Chess

Rediff.com14 Nov 2024

World No. 1 Magnus Carlsen recorded a flawless performance, securing victories against S L Narayanan

Step Inside Kartik Aaryan's Home

Step Inside Kartik Aaryan's Home

Rediff.com14 Nov 2024

Kartik Aaryan, who is basking in the success of his latest release Bhool Bhulaiyaa 3, has been living in Versova, northwest Mumbai, for a long time now.

Why leading steel cos are surrendering commercial coal blocks

Why leading steel cos are surrendering commercial coal blocks

Rediff.com14 Jul 2023

Essel Mining & Industries Limited (EMIL), Adani Enterprises (AEL), and JSW Steel are looking to surrender their mines. Of these, AEL and EMIL have already notified the government.