With the worst in terms of pricing pressures behind Tata Steel, its outlook is expected to improve. Europe has seen hot rolled coil prices rise this January after the European Union's (EU's) carbon border adjustment mechanism (CBAM) kicked in and further price improvements may be on the cards once import quotas come into play in June.
World champion D Gukesh aims for a strong performance at the Prague International Chess festival after an early World Cup exit and underwhelming Tata Steel Masters showing.
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 Feb 24, 2026.
This year's Economic Survey and the Union Budget were more closely followed for more reasons than one.
World Champion D Gukesh drew his fourth game on the trot, signing peace with compatriot and defending champion R Praggnanandhaa while Arjun Erigaisi could not break the defence of Anish Giri and drew for the third day running in the Tata Steel Masters in Wijk Aan Zee, the Netherlands.
D Gukesh played out a draw with compatriot Aravindh Chithambaram, the result ending the reigning world champion's title hopes on a tough day for Indian players in the Tata Steel Masters 2026 in Wijk Aan Zee, The Netherlands, on Saturday.
Tata Steel Masters: Gukesh bounces back with a win against Fedoseev
Nodirbek Abdusattorov of Uzbekistan clinched the Tata Steel Masters title with a black-piece victory against out-of-form Arjun Erigaisi while world chess champion D Gukesh emerged as the best Indian with a joint eighth finish as the tournament concluded Wijk Aan Zee on Monday.
Tata Steel Masters: Gukesh slumps to another defeat against Giri
World champion D Gukesh stayed in the hunt with a clinical endgame win in Round 10 of the Tata Steel Masters, while Arjun Erigaisi slipped to another defeat and slid down the standings at Wijk Aan Zee.
World champion D Gukesh was himself to blame as he fell into a blindspot and made an unimaginable blunder to go down to Nodirbek Abdusatorov of Uzbekistan in a sixth round match of the Tata Steel chess
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.
World champion D Gukesh resigned on his 37th turn against Germany's Matthias Bluebaum at Tata Steel Masters Chess.
D Gukesh ended his spate of draws by defeating Thai Dai Van Nguyen of Czech Republic but overnight joint leader Arjun Erigaisi was shocked in the fifth round of Tata Steel Masters chess tournament
Top seed Arjun Erigaisi could not get past the defenses of world champion D Gukesh as the two Indians agreed to a draw
Tata Steel on Wednesday reported a 272 per cent year-on-year (Y-o-Y) jump in consolidated net profit, attributable to owners, at Rs 3,101.75 crore in the second quarter of 2025-26 (Q2FY26) led by higher sales volumes in India and planned cost takeouts across geographies.
Tata Steel Chess: Anand, Niemann in joint lead after three rounds of Rapid
R Praggnanandhaa lost his second game in as many days, going down to Nodirbek Abdusattorov of Uzbekistan at the Tata Steel Masters Chess.
Young Indian Grandmaster Nihal Sarin emerged champion at the Tata Steel Chess India tournament on Friday, clinching the Rapid title just a day after the passing of his maternal grandfather, who had introduced him to the sport.
Five-time world champion Viswanathan Anand recovered from an early setback to register two victories and emerge as joint leader with Nihal Sarin after six rounds of the Tata Steel Chess India Rapid, in Kolkata, on Thursday.
There is positive sentiment for Tata Steel on the basis of strong domestic demand, a turnaround of European operations and moderate valuations. A combination of capacity expansion, efficiency gains, higher asset utilisation, and improved operating leverage may lead to margin expansions.
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.
Tata Steel's consolidated net profit more than doubled to Rs 2,007.36 crore during the June quarter, on account of "increase in net steel realisations and the planned cost-takeouts" across geographies. The Tata Group entity had posted a net profit of Rs 918.57 crore in the year-ago period.
Tata Steel's UK operations, which have largely been a struggle since the acquisition, are expected to turn earnings before interest, tax, depreciation, and amortisation (Ebitda)-positive this financial year (2025-26/FY26) and possibly profitable by the next. Responding to shareholder queries at Tata Steel's annual general meeting, Tata group chairman N Chandrasekaran said, "We expect the UK to perform much better this year compared to last year - it will definitely be Ebitda-positive."
Tata Chess: Wesley So in sole lead, Erigaisi & Nihal not far behind in Blitz
Benchmark stock indices Sensex and Nifty dived sharply by nearly 2 per cent on Sunday after Finance Minister Nirmala Sitharaman proposed a hike in the Securities Transaction Tax (STT) on derivatives. Reversing the early gains, the 30-share BSE Sensex plunged sharply by 2,370.36 points or 2.88 per cent to slide below the 80,000-mark at 79,899.42 in afternoon trade as the finance minister announced a hike in STT on futures contracts to 0.05 per cent from the current 0.02 per cent.
Top seed Arjun Erigaisi scored a convincing victory over compatriot R Praggnanandhaa in the first round of the Tata Steel Masters.
From the Sensex firms, Tata Steel tanked the most by 4.57 per cent. ICICI Bank, Power Grid, HCL Tech, Tech Mahindra, Infosys and Kotak Mahindra Bank were also among the laggards. Mahindra & Mahindra, State Bank of India, ITC and Bharat Electronics were among the gainers.
The market capitalisation of BSE-listed companies eroded by Rs 9,40,581.75 crore to Rs 4,50,61,658.60 crore (USD 4.90 trillion) in a single day.
India is the second-most-preferred destination among chief executive officers planning international investments - up from the fifth spot last year, according to PwC's 29th Annual Global CEO Survey released on Tuesday. The United States is their first choice.
Wesley So showed remarkable consistency to clinch the title in the Open category with a round to spare
From the 30-Sensex firms, Tata Steel, Asian Paints, Trent, State Bank of India, Hindustan Unilever, UltraTech Cement, ICICI Bank and Bharti Airtel were among the gainers. On the other hand, Infosys, Bajaj Finance, Bharat Electronics, Larsen & Toubro and HDFC Bank were the laggards.
From the 30-Sensex firms, Tata Steel, Kotak Mahindra Bank, Reliance Industries, Axis Bank, Titan and Trent were among the biggest gainers. However, Tata Consultancy Services, Tech Mahindra, Infosys, Bajaj Finance and Sun Pharma, were the laggards.
Apple Inc's iPhones assembled in India achieved market revenues of Rs 162,000 crore. Tata Steel's revenue for the same period was Rs 162,324 crore.
Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.
Viswanathan Anand believes that this year's world championship can happen in Chennai if R Praggnanandhaa wins the Candidates Tournament
Divya Deshmukh not only became the first Indian woman to win the FIDE Women's World Cup, she also instantly secured the prestigious Grandmaster title.
From the 30-Sensex firms, InterGlobe Aviation, Sun Pharma, Asian Paints, Reliance Industries, Hindustan Unilever, and Tata Steel were among the biggest laggards. However, Trent, UltraTech Cement, Maruti, and Power Grid were among the gainers.
Tata Steel is in the process of filing a curative petition in the Supreme Court in connection with the apex court ruling which said that states have the power to levy cess on mining and mineral-use activities. The petition by the steel manufacturing firm is aimed at seeking remedy to the order, passed by a 9-judge Constitution Bench of the Supreme Court on July 25. However, Tata Steel's managing director and chief executive officer T V Narendran told Business Standard that there was no demand note on the firm.
R Praggnanandhaa outclassed world champion D Gukesh in sudden death to win Tata Steel Masters chess title.
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