The government of the Indian state of Odisha has allowed operations to resume in eight iron ore mines in the state following its earlier decision to fast-track mining license renewals, according to media reports. The mines that will resume ...
Tags: Iron Ore, Tata Steel
Tata Motors' Commercial Vehicle Division has launched the new Intermediate and Light Commercial Vehicle (ILCV) range of trucks known as ULTRA. The new rage offers superior technology and design that ensures lowest total cost of ownership ...
Tags: Tata Motors, Truck Range
India-headquartered steel giant Tata Steel Group has issued its group financial results including Tata Steel Europe for the fourth quarter and the full financial year ended March 31. Tata Steel Group's net profit doubled to INR 10.36 ...
Tags: Tata Steel, blast furnace
India-based automobile manufacturer Tata Motors has secured a passenger vehicles supply order from the Siddhi Vinayak Logistic's (SVLL) transport division Connect. Under the deal, which is SVLL Connect's single largest in the personal ...
Tags: Passenger Vehicle, Vehicle
China's latest five-year plan promises to shift the economy from its dependence on exports toward domestic consumption as an engine of growth. The key to achieving this will be for the nation to enhance the ability of its economy to ...
Tags: Innovation, China, Focus Vision, China Culture
India imported around 15.86 million mt of coal at 24 major ports in April, up 6.45% from March, according to data released Wednesday by Indian ship broker Interocean. The April imports consisted of 12.3 million mt of thermal coal, up ...
Tags: thermal coal, April imports
India's finished steel consumption totaled 73.93 million mt in the whole of the last Indian fiscal year (started April 1, 2013-ended March 31, 2014), with a 0.6 percent year-on-year increase, according to provisional estimates released by ...
Tags: Finished Steel
India-based automobile manufacturer Tata Motors has launched a new multi utility vehicle (MUV), the Movus. Movus is powered by the new 2.2L VARICOR diesel engine paired to a five speed manual transmission to produce an output of 120PS and ...
Tags: Tata Motors, multi utility vehicle
Global steelmaker Tata Steel has announced that its Netherlands-based subsidiary Service Center Maastricht will commission a large heavy gauge decoiler by the end of the current year which will serve the growing markets in Europe for high ...
Tags: Tata Steel, Heavy Gauge Decoiler
Indian steelmaker Tata Steel has announced that it has commissioned the coke oven battery No. 11 at its Jamshedpur facility. With the commissioning of the new coke oven battery, the company will be self-sufficient in coke requirements for ...
Tags: Tata Steel, Coke Oven Battery
Group trading profit for the full year was down 6% to £3.3bn while profits in the UK business fell 3.6% to £2.1bn. Group sales, including VAT. UK like-for-like sales were down 3% in the fourth quarter. Clarke said: "Our ...
International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...
Tags: Fitch, Steel's Outlook
Indian steelmaker Tata Steel has announced that New Zealand-based Steel & Tube Holdings Ltd has agreed to acquire Tata Steel International Australasia Ltd (TSIAL) on April 14, 2014 for a cash consideration of NZ$27.5 million (23,8 million ...
Tags: Steel, Tube, Steel Subsidiary
Indian steelmaker Tata Steel has announced that its crude steel output for the financial year 2013-14 ending March 31 amounted to 9.15 million mt, increasing by 12.55 percent year on year. The company's liquid pig iron output in the given ...
Tags: Tata Steel, Crude Steel, steel output
Indian automaker Tata Motors is set to begin its business in the Philippines by exporting its passenger and commercial vehicles into the country. For the new initiative, the company has selected PilipinasTajAutogroup as its distributor in ...
Tags: Motors, Commercial Vehicles, Vehicles, Auto Parts