'When you look at reviving private sector capex, I don't think there's a better story than steel.'
'The UK is more of a structural problem, and that's why we're doing the restructuring.'
There was an acceptable domestic performance in India but there continues to be concerns about the Europe business and that overshadows the local performance. The consolidated revenues for the Q2FY24 stood at Rs 55,682 crore with an operating profit of Rs 4,315 crore and an operating profit margin of 8 per cent.
'Interim Budget has ignited the entrepreneurial spirit.'
'As Tata Steel we will obviously use group-level leverage to make progress where we want.'
Sathavahana Ispat plant resumes operations.
The rupee will be a key determinant for stock markets.
Tatas plan to revive, not sell the Port Talbot steel plant. The investment could be as much as $500 million.
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