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 has expanded its partnership with Google Cloud to deploy a unified, enterprise-wide artificial intelligence (AI) strategy across its global value chain, resulting in significant operational improvements.
Tata Steel is strategically positioned for growth, leveraging India's robust steel demand, significant cost transformation programmes, and favourable protectionist policies in the EU and UK. The company is expanding its India capacity and optimising operations in its European units to enhance profitability and reduce debt.
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 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
Tata Steel Masters: Gukesh slumps to another defeat against Giri
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.
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.
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.
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
World champion D Gukesh resigned on his 37th turn against Germany's Matthias Bluebaum at Tata Steel Masters Chess.
Top seed Arjun Erigaisi could not get past the defenses of world champion D Gukesh as the two Indians agreed to a draw
Tribal food is more than sustenance -- it is memory, medicine, history and community.
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.
Indian benchmark indices Sensex and Nifty rebounded in early trade after three days of decline, driven by a rally in Sun Pharma following its USD 11.75 billion acquisition of US-based Organon & Co, alongside a positive trend in global equity markets.
Indian benchmark equity indices, the BSE Sensex and NSE Nifty, experienced a significant drop in early trade due to elevated oil prices, weak global market trends, and renewed fears of military operations in the Middle East following US President Donald Trump's statements regarding Iran. Track Sensex, Nifty on May 20.
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.
Indian benchmark indices, Sensex and Nifty, closed marginally higher after a volatile trading session, driven by value buying in IT and select blue-chip counters, despite global crude price hikes and a weak rupee.
Indian benchmark equity indices, Sensex and Nifty, closed marginally higher, breaking a four-day losing streak, despite elevated crude oil prices and ongoing geopolitical uncertainties. The market saw a temporary pause in panic selling, though cautious sentiment persists.
Indian benchmark indices Sensex and Nifty experienced a significant slump in early trade, mirroring weak global trends, as escalating tensions in West Asia, particularly a drone attack on the UAE's Barakah nuclear facility, pushed crude oil prices higher. Track Sensex, Nifty50 movement and key market drivers for May 18, 2026.
Indian benchmark equity indices, Sensex and Nifty, saw gains in early trade, driven by strong performance in banking shares and positive sentiment from Asian markets, alongside optimism surrounding the ongoing US-China Summit.
Indian benchmark indices, Sensex and Nifty, ended lower in choppy trade, with the Sensex declining 114 points, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties.
Indian Grandmaster R Praggnanandhaa is set to compete against Alireza Firouzja of France in the opening round of the Super Chess Classic in Bucharest, marking his first classical event of the year as part of the Grand Chess Tour.
Indian equity markets experienced a significant decline in early trade, with the BSE Sensex and NSE Nifty dropping, as escalating geopolitical tensions in West Asia and a surge in global oil prices dampened investor sentiment. Track Sensex, Nifty50 movement and key market drivers for May 8, 2026.
Indian benchmark equity indices, Sensex and Nifty, closed lower due to investor caution over rising bond yields, a weaker rupee, and fresh fuel price hikes, which have revived inflation concerns.
Indian benchmark indices Sensex and Nifty experienced volatile trade, declining in early deals before fluctuating, as investors reacted to unabated foreign fund outflows and rising geopolitical uncertainties, particularly in West Asia.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty50 and BSE Sensex performance and key global triggers.
Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.
Indian equity benchmark indices Sensex and Nifty rebounded in early trade, driven by buying in blue-chip stocks and a positive trend in Asian markets, with domestic institutional investors providing crucial support.
Indian benchmark indices, Sensex and Nifty, opened lower on Tuesday, driven by a surge in global crude oil prices and continued outflows by Foreign Institutional Investors (FIIs), reflecting fragile market sentiment influenced by external factors.
Indian benchmark stock indices, Sensex and Nifty, closed nearly 1 per cent lower due to surging crude oil prices, weak global market trends, and significant foreign fund outflows, with geopolitical tensions and inflation concerns further dampening investor sentiment.
'Once the currency goes out of the hand, then possibly your major challenge is that it will not come back.'
A crucial Tata Trusts board meeting was unexpectedly postponed, highlighting internal conflicts over veto power, Tata Sons listing, and trustee eligibility, raising concerns about the stability of the $180 billion conglomerate.
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