He is acknowledged as the person behind transforming Tata Steel into the world's 11th largest steel-maker.
Tata Steel's profitability per tonne is the best in the world, despite its small production base.
Tata Steel Limited missed forecasts with a 47 percent fall.
Late cartoonist Mario Miranda, actors Dharmendra and Shabana Azmi, top mathematician M S Raghunathan, former Chief Vigilance Commissioner N Vittal and industry leader B Muthuraman were among those conferred the Padma awards by President Pratibha Patil in New Delhi on Wednesday.
Budget would have cascading impact on inflation and consumer demand.
Confederation of Indian Industry president B Muthuraman on Monday met Prime Minister Manmohan Singh and apprised him about the chamber's priorities for the year, including skill development and its commitment towards weaker section of the society.
We need to first give priority to some other important issues such as affirmative action, skill development, growth of manufacturing and getting the mega projects off the ground, says Muthuraman.
B Muthuraman said while the Indian industry must seek to make growth inclusive and sustainable and must work towards addressing various inequalities in society, affirmative actions cannot be made mandatory.
New CII President B Muthuraman on Wednesday said an amnesty scheme for unearthing black money is feasible provided the government gives a strong message that those not declaring this type of funds will go to jail.
"Yes, we will continue to hold on to our stake," Tata Steel's Vice-Chairman B Muthuraman told reporters on the sidelines of an industry event in New Delhi.
What strengthens this view further is that he is also the son-in-law of Pallonji Mistry, the largest single shareholder in Tata Sons, the controlling arm of the diversified Tata Group, with an 18 per cent stake.
B Muthuraman, vice chairman, Tata Steel, has been elected as the vice president of CII.
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.
Per capita consumption of steel in India is 49 kg, against the world average of 182 kg.
Tata Sons cuts retirement age of non-executive directors from 75 years to 70.
Tata Group is on an expansion spree in Karnataka, with new projects of its companies at various stages, including the proposed 100-acre Tata Consultancy Service campus here.
Coal behemoth CIL on Monday came out in support of the government proposal that miners share 26 per cent of profits with local people affected by their projects, while Tata Steel toned down its stance on the issue.
Liquidity crisis and demand slowdown has forced Tata Steel, the country's largest steel maker, to put brakes on its greenfield projects in Jharkhand and Chhattisgarh.
Quoting Tata Steel managing director B Muthuraman, the daily said the target could be reached partly by improving manufacturing procedures at the Corus plants spread across Europe. The Indian conglomerate Tatas had acquired the Anglo-Dutch steel maker Corus for about $13 billion last year.
Aniket Baheti, final year student of Mechanical Engineering at IIT Madras, hosted a chat on the IIT meet on Tuesday.
Corus plans to spend about $140 million for opening two mines in South Africa and Canada, which could produce 10 million tonnes of iron-ore a year by early next decade, while it is also mulling another mining project in Ivory Coast, the report said. The captive mines insulate the company from the steep rises in iron ore prices and give it a similar position as the Jamshedpur plant, it added.
The Tata Steel group - comprising Tata Steel and Corus Group, the European steel maker it acquired in January on Wednesday took decisive steps towards integration by setting up a new organisation structure that will become effective January 1, 2008.
K Ananth Krishnan, an M Tech in Computer Science and an M.Sc in Physics from the Indian Institute of Technology, Delhi, hosted a chat on rediff.com on Tuesday.
"The project is definitely on," Tata Steel managing director B Muthuraman told reporters on Tuesday. Asked if the previous government did not acquire the land because of the unruly elements, he said "definitely".
Tata Steel on Thursday revived its mega Rs 2,500 crore (Rs 25 billion) project to produce titanium dioxide from ilmenite mined from beach sands of Tirunelveli and Tuticorin districts in south Tamil Nadu.
"In less than three years, India will import 10 million tonnes of steel worth Rs 20,000 crore (Rs 200 billion)," said Muthuraman, addressing the 2nd Asian Mining Congress. In 2006-07, the country imported 3.9 million tonnes of the alloy.
Tata Steel plans to invest nearly Rs. 600 crores on limestone deposits in Oman.
The top slots at three Tata companies -- Tata Motors, Tata Steel and Tata Consultancy Services -- will be up for grabs in two years with incumbents Ravi Kant, B Muthuraman and S Ramadorai due to retire in 2009.
The company was also in the process of preparing the vision document for the year 2015.
Managing director of Tata Steel B Muthuraman and vice chairman of Goldman Sachs group Suzanne Nora Johnson are among the 20 business labour and civil society leaders named by the UN to serve on Global Contact group.
Riding on rising steel prices and sales, the world's sixth-largest steel firm, Tata Steel reported 41 per cent jump in its net profit for the quarter ended March 2007 at Rs 1,104 crore (Rs 11.04 billion) on sales of Rs 4,980 crore (Rs 49.8 billion).
The board of Tata Steel, which will enter an open bidding war with Brazil's CSN for Corus on Tuesday, met in Mumbai presumably to discuss the strategy for the auction and also consider the quarterly results.
The academy will be inaugurated by 'Flying Sikh' Milkha Singh on May 29.
The acquisition of Anglo-Dutch steel company Corus by Tata Steel is expected to be completed by middle of January 2007.
Tata Steel had made an offer to buy out UK-based Corus at 455 pence per share taking the enterprise value of the company to $10 billion.
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