Tata Steel said on Tuesday its Board will meet on April 17 to discuss plans for funding the $12 billion acquisition of Anglo-Dutch firm Corus Group Plc.
Tata Steel Vice-Chairman B Muthuraman has asked a member of British Parliament not to be "over-critical" about the company's strategy in dealing with problems in Corus.
The Indian steel industry is faced with a paradox: Rising demand and falling prices. Demand continues to surge as user industries gather pace, with the World Steel Association projecting around 9 per cent annual growth for India over 2025 and 2026, the year domestic demand is projected to be almost 75 million tonnes (mt) higher than in 2020.
Anand did not quite re-work his energy and lost to Carlsen in the first game of the third day and then made a draw with compatriot Vidit Gujrathi.
Equity benchmark indices Sensex and Nifty ended higher in highly volatile trade on Tuesday, buoyed by heavy buying in bank and metal stocks, a firm trend in global markets and optimism over India-EU FTA. The 30-share BSE Sensex climbed 319.78 points, or 0.39 per cent, to settle at 81,857.48.
Britain's traditionally anti-EU media have blamed Brussels for preventing London from taking greater steps to protect the industry.
Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 9, 2026.
While the maximum bonus will be Rs 130,463, the minimum will be Rs 26,610.
Benchmark stock indices Sensex and Nifty closed higher on Thursday, helped by a rally in blue-chip Larsen & Toubro and the Economic Survey projecting the GDP growth of 6.8-7.2 per cent for the next fiscal.
The profit of the company before exceptional item and tax stood at Rs 1,302 crore (Rs 13.02 billion), from Rs 1,398 crore (Rs 13.98 billion).
'The steel industry has a multiplier effect on direct and indirect employment, national security on the supply chain, technology access etc.'
The company, in a notice to shareholders, said it would come out with a rights issue of ordinary shares and cumulative convertible preference shares, besides issue of securities in the domestic or international markets.
Indian benchmark stock indices Sensex and Nifty rallied for the second consecutive day, closing nearly 1 per cent higher, driven by gains in metal and auto sectors and positive global market trends.
Benchmark equity indices Sensex and Nifty rebounded on Thursday after three sessions of losses, tracking gains in global markets after US President Donald Trump struck a conciliatory tone on Greenland. In a volatile session, the 30-share BSE Sensex climbed 397.74 points, or 0.49 per cent, to close at 82,307.37.
Gulveer Singh, India's national record holder in 10,000m and 5,000m, will lead the Indian elite field at the 18th TCS World 10K Bengaluru, scheduled for April 26. The event, a World Athletics Gold Label Race, features top international and Indian distance runners.
From the 30-Sensex firms, Tata Consultancy Services, Asian Paints, Maruti, Sun Pharma, Hindustan Unilever, ICICI Bank, Kotak Mahindra Bank, Tech Mahindra, HDFC Bank and Larsen & Toubro were among the biggest laggards. On the other hand, Tata Steel, NTPC, Axis Bank and UltraTech Cement were among the gainers.
Indian grandmaster Viswanathan Anand played out a draw againt Peter Svidler of Russia in the eighth round of Tata Steel Masters underway, in Wijk Aan Zee, The Netherlands, on Sunday.
Bharat Electronics, Power Grid, NTPC and HDFC Bank were among the other major gainers. However, Infosys, Tata Steel, Eternal and Tech Mahindra were among the laggards.
The Sensex opened with a positive gap of 130 points at 16,611. It finally ended with a gain of 258 points at 16,739. The NSE Nifty gained 79 points to close at 5,037. Tata Steel soared 8.6% to Rs 777. Jaiprakash Associates surged 7.3% to Rs 233. Reliance Communications rallied 5.5% to Rs 559. Ranbaxy and Bharti Airtel moved up nearly 4% each to Rs 499 and Rs 854, respectively. HDFC Bank, SBI and ICICI Bank advanced 3.5% each to Rs 1,445, Rs 1,741 and Rs 864, respectively.
Broader markets outperformed benchmark indices with BSE Midcap and BSE Smallcap up 0.5% and 0.6%.
After dropping to a low of 16,726 in noon deals on profit-taking, the Sensex finally ended with a gain of 341 points at 16,949. The NSE Nifty moved up 91 points to 4,929. The BSE market breadth was fairly negative - out of 2,741 stocks traded, 1,909 declined, 798 advanced and 34 were unchanged on Wednesday.
Tata Motors' MD and CEO, Girish Wagh, has identified rising diesel prices as the most significant threat to India's commercial vehicle (CV) industry recovery, despite the sector recently surpassing its pre-FY19 wholesale peak. Diesel costs account for 25-50% of a truck operator's total cost of ownership, making any increase a critical concern for fleet economics.
India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.
The Sensex opened with a negative gap of 268 points
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 Netherlands.
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.
World Champion Viswanathan Anand scored an emphatic victory over world number two Levon Aronian of Armenia to jump to joint lead with two others after the fourth round of the Tata Steel chess tournament, at Wijk Aan Zee, The Netherlands, on Wednesday.
Flat steel products are used by consumer durable industries and the automobile sector, while the long steel products are consumed primarily by the construction industry.
Alireza Firouzja remained in joint lead with Caruana on 5.5 points and these two are now ahead of Wesley So of United States and Jorden Van Foreest of Holland.
Indian stock market benchmarks Sensex and Nifty rebounded by over 1% on Monday, driven by value-buying in banking stocks after a three-day slump. Key gainers included UltraTech Cement, HDFC Bank, and Mahindra & Mahindra.
Rahul Ganapathy and Ashok Kumar's teams finished second and third respectively.\n\n
Indian benchmark indices Sensex and Nifty experienced a sharp decline in early trading due to escalating tensions in the Middle East, driving crude oil prices higher. Global market bearishness and foreign fund outflows further contributed to investor unease.
Benchmark equity indices Sensex and Nifty extended their gains for the third straight session on Wednesday, driven by last-hour buying in bank, metal, and FMCG shares.
Anand needs to finish in a minimum sixth place in Kolkata, in order to qualify for the grand finale
World chess champion D Gukesh has decided to reduce his tournament schedule to focus on training and preparation for his upcoming title defence, following a series of disappointing performances.
The passenger vehicle (PV) business of Tata Motors, which also includes the electric vehicle and Jaguar Land Rover businesses, post-demerger is now valued at Rs 1.45 trillion.
Gulveer Singh, the Asian champion and national record holder, will lead the Indian contingent at the TCS World 10K Run Bengaluru, a World Athletics Gold Label race.
Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.
Top seed Arjun Erigaisi scored a convincing victory over compatriot R Praggnanandhaa in the first round of the Tata Steel Masters.
This amendment is proposed to be made retrospectively effective from FY16 onwards.
