Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
Tata Steel's two Dutch subsidiaries are facing a 1.4 billion lawsuit in the Netherlands alleging health and property damage caused by emissions from the company's steelmaking operations, a charge which the Indian conglomerate labelled as "unsubstantiated and speculative". In an exchange filing, Tata Steel said that environmental group Stichting Frisse Wind.nu (SFW) has served a writ of summons on Tata Steel Nederland BV and Tata Steel IJmuiden BV on December 19.
'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'
Here is what you need to know about the year's Australian Open:
Argentina became the first side to book passage into the Copa America quarter-finals
Defending Copa America champions Argentina beat Canada 2-0 in the opening match of the tournament on Thursday.
This year's US Open runs from Aug. 28-Sept. 10.
Shane Warne offered gifts of his old cricket clothing and ate the traditional Australian snack of Vegemite on toast in the final hours before his death on Friday, an associate of the cricketing great said.
Andreescu's win over Bencic also meant she became the first Canadian woman to make the US Open final, where she faces Serena Williams, who is chasing a record-equalling 24th Grand Slam single title.
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