Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
Jamshedpur FC's withdrawal from the Indian Super League was a pre-planned strategic decision to refocus on grassroots football development, independent of the league's commercial uncertainties, according to Tata Steel Vice President D B Sundara Raman.
Tata Steel has confirmed that Jamshedpur FC will honour all existing player contracts and assist footballers in finding new clubs following its withdrawal from the Indian Super League. The company also clarified that its commitment to grassroots football and youth development in Jamshedpur remains strong, with no plans to relocate the club's operations.
Tata Steel has announced the sale of its entire 100% equity stake in Jamshedpur Football to Churchill Brothers for Rs 100.
Tata Steel plans to invest approximately Rs 20,000 crore in capital expenditure during the current financial year (FY27), a significant increase from the previous year, with 60 per cent of this allocation directed towards its India business for expansion, new technologies, and sustainability.
Dutch prosecutors have decided to summon Tata Steel IJmuiden BV (TSIJ) over multiple suspected criminal offences, including the "intentional and unlawful" release of harmful substances into the air that may have adversely affected public health, following a complaint filed by over 800 complainants.
The Sports Authority of Andhra Pradesh (SAAP) has partnered with Tata Steel Limited to train young footballers from the state at the Tata Football Academy (TFA) in Jamshedpur, providing professional exposure to selected boys and girls across various age categories.
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 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.
Indian benchmark indices Sensex and Nifty opened higher, extending their previous session's rally, driven by a decline in global oil prices, despite continued selling by Foreign Institutional Investors.
Indian equity benchmarks Sensex and Nifty experienced a decline in early trade, primarily due to a sell-off in power and metal stocks, mirroring a broader downturn across Asian markets. Elevated crude oil prices and firm US bond yields further dampened investor sentiment, while an expert warned of an impending correction in overvalued mid and small-cap segments. Track Sensex, Nifty on October 22.
Indian benchmark equity indices, Sensex and Nifty, closed lower for the fourth consecutive session, driven by a surge in crude oil prices above USD 114 per barrel due to escalating tensions in West Asia, coupled with broad-based selling and FII outflows.
Indian benchmark indices, Sensex and Nifty, recorded their fourth consecutive day of losses, driven by relentless foreign institutional investor (FII) outflows, rising bond yields, and a significant surge in crude oil prices, impacting overall investor sentiment.
Indian equity benchmarks Sensex and Nifty extended their losses for a third consecutive session, with the Sensex declining 460.30 points and the Nifty dropping 123.70 points, primarily due to surging crude oil prices driven by escalating tensions in West Asia and weak global cues.
Indian equity benchmark indices extended losses for a second consecutive session, with the Sensex dropping 143 points, driven by a sell-off in power, banking, and financial stocks, coupled with elevated crude oil prices and persistent FII selling.
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.
Indian equity benchmarks, the Sensex and Nifty, opened higher on Friday, driven by a strong rally in IT stocks, despite a significant overnight decline in US technology shares and broader Asian markets. Experts anticipate further market support from falling US bond yields, a strengthening rupee, and a substantial liquidity inflow following the Jio Platforms IPO allotment. Track
Indian benchmark indices Sensex and Nifty rebounded on Wednesday, driven by a decline in crude oil prices below USD 100 per barrel and optimism surrounding a potential de-escalation of the conflict in West Asia.
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.
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.
Churchill Brothers are set to begin their new Indian Super League campaign against Mumbai City FC on Sunday. Head Coach Dimitris Dimitriou aims to establish a distinct footballing identity, while the team returns to the ISL after a season away, following a turbulent period in Indian football.
Civil Aviation Minister K Rammohan Naidu announced India's ambition to produce its first indigenous civilian aircraft within two years through a joint venture. He highlighted the rapid growth of the country's aviation sector, with significant aircraft orders, planned new airports, and potential for manufacturing jet engines and Sustainable Aviation Fuel, underscoring India's increasing role in global aviation.
Indian benchmark equity indices, Sensex and Nifty, closed mixed on Friday. While a drop in crude oil prices offered some relief, weakness in IT stocks and several Tata Group counters, including a significant dip in Tata Chemicals and ongoing boardroom issues at Tata Sons, limited a broader market recovery.
Indian equity benchmark indices, Sensex and Nifty, extended their losses for a second consecutive day, driven by elevated crude oil prices, persistent foreign institutional investor (FII) outflows, and high US Treasury yields.
Indian benchmark indices, Sensex and Nifty, ended marginally lower after recovering from sharp intraday losses, driven by cooling crude oil prices and buying interest in HDFC Bank and IT sector stocks.
The search for N Chandrasekaran's successor as Tata Sons Chairman has reportedly narrowed to Tata Steel CEO T V Narendran, Tata Sons Executive Director Saurabh Agrawal, and NSE MD & CEO Ashish Chauhan, with Chauhan emerging as a potential 'dark horse' candidate.
Indian benchmark indices Sensex and Nifty extended their losses for a third consecutive day, driven by firm crude oil prices, elevated global bond yields, and significant foreign fund outflows, making investors cautious.
Indian benchmark indices Sensex and Nifty experienced significant declines in early trade, driven by soaring crude oil prices amidst escalating tensions in West Asia, coupled with weak global market trends and foreign fund outflows.
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
Churchill Brothers, a dominant force in Indian football in the 90s, are making their Indian Super League debut against Mumbai City FC. Head coach Dimitris Dimitriou aims to establish a distinct football culture and competitive style of play for the club, despite a fast-forward pre-season.
The Indian stock market experienced a significant downturn, with the Sensex crashing over 1,000 points and the Nifty hitting a fresh 52-week low, driven by sustained selling from foreign institutional investors, the RBI's monetary policy tightening, and elevated Brent crude prices.
Indian benchmark indices, Sensex and Nifty, closed lower on Tuesday, with the Sensex declining 329.91 points to 74,529.08 and the Nifty dipping 85.30 points to 23,329, primarily dragged by underperformance in IT, financial, and capital goods stocks despite positive global market trends and easing crude oil prices.
The All India Football Federation has extended the deadline for Jamshedpur FC to reconsider its decision to withdraw from the Indian Super League until August 12. This move comes as the AIFF reviews preparations for the upcoming ISL season, while Jamshedpur FC maintains its exit is a strategic decision focused on grassroots development, unrelated to the league's commercial future.
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.
Indian benchmark indices Sensex and Nifty saw a rebound in early trade, driven by a moderation in crude oil prices, despite persistent selling by Foreign Institutional Investors (FIIs) and mixed global market cues.
Joga Purty and Deepu Mallesh, India's speed climbing representatives, are set to make their Asian Games debut. The athletes, who discovered the sport through different paths, discuss their journeys, the challenges of pursuing a niche sport, and their excitement for the upcoming competition, where India aims for its first climbing medal. They also highlight the need for better support and exposure for the sport in India.
Indian benchmark stock indices, Sensex and Nifty, rebounded on Friday, driven by value buying in banking, oil & gas, and auto shares following recent sharp losses. The Sensex climbed 315.20 points to settle at 73,895.74, while the Nifty rose 77.40 points to 23,140.50.
Tata Steel Masters: Gukesh slumps to another defeat against Giri
The benchmark BSE Sensex rebounded by 362 points, ending a four-day losing streak, driven by strong buying in metal, private banking, and oil and gas shares, while the broader NSE Nifty saw modest gains despite paring some advances in the closing session.