Timpu (Free subscription) | 07/20/2008
Bangalore, Jul 20: Bangalore based Narayana Hrudayalaya has entered into an agreement with Tata Steel to upgrade and manage two hospitals of Tata group in Jamshedpur. Dr Devi Shetty of Narayana Hrudayalaya and Muthurama, MD, Tata Steel have signed the agreement in Jamshedpur on Friday. Click Here To Read the Full Post
Steel Strip World (Free subscription) | 07/17/2008
Indian Steel firms may seek to raise prices when a self-imposed moratorium ends early next month, but the government is likely to oppose any hefty, inflation-fuelling increase. Tata Steel's Managing Director B. Muthuraman said on Wednesday Indian Steel prices were ruling 15,000-20,000 rupees ($350-$450) a tonne below global rates at a time when rising input costs and freight rates were denting firms'...
Steel Strip (Free subscription) | 07/17/2008
Indian Steel firms may seek to raise prices when a self-imposed moratorium ends early next month, but the government is likely to oppose any hefty, inflation-fuelling increase. Tata Steel’s Managing Director B. Muthuraman said on Wednesday Indian Steel prices were ruling 15,000-20,000 rupees ($350-$450) a tonne below global rates at a time when rising input costs [...]
MACHINIST.IN (Free subscription) | 07/11/2008
Mumbai: Siemens VAI MT, India (SVAI India) along with Siemens VAI, France has received an order to engineer, supply, erect and commission a color coating line and a hot-dip zincalume (metal coating) line from Tata BlueScope Steel Ltd. These two lines will be installed at its plant at Jamshedpur in...
AutoblogGreen (Free subscription) | 07/10/2008
Filed under: Etc. , Manufacturing/Plants Tata Motors is finding it increasingly difficult to meet its own self-imposed price target of $2,500 for its minimalist Nano. The latest issue is rising costs of raw materials, particularly Steel. Steel prices have increased by half over the last 12 months, and other commodities are on the rise as well. At least part of that is due to rising energy costs, both...
Leftlane (Free subscription) | 07/08/2008
Tata’s upcoming Nano microcar is being touted as the world’s most inexpensive passenger car, but rising Steel prices are threatening the Nano’s bargain-basement $2,500 price tag. With Steel prices shooting up 30 percent in the last quarter alone, Tata is now asking some suppliers to help absorb added costs in order to retain the [...]
Jalopnik (Free subscription) | 07/08/2008
Ratan Tata wowed the world when he revealed his company's Tata Nano , the miniscule two-cylinder, four-door runabout designed to go to market with an equally tiny $2,500 price tag. Now, due to pressures from rising commodity prices, Tata may be in jeopardy of missing that now famous 1-lakh goal. Steel prices have jumped 30% since the car's initial unveil in January, while the cost of plastics, silicon...
Autoblog (Free subscription) | 07/08/2008
Filed under: Economy , India , Tata The Tata Nano exudes frugality, and when you're trying to build a capable vehicle for a paltry $2,500 , that's not exactly unexpected. Unfortunately for the Indian automaker, the quickly rising cost of Steel may thwart plans to hit the magic price-point. The price of Steel has risen by 50 percent in less than a year, and even though the little Nano is only 1,300...
eGMCarTech (Free subscription) | 07/08/2008
Tata made noise in January when it unveiled the Nano and said that it plans to sell the car for a wholesale price of $2,500 per unit. However with the price of Steel up by 50 percent, Tata Motors is...
Thaindian News (Free subscription) | 06/26/2008
Kolkata, June 26 (IANS) Tata Steel Ltd registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 2008, compared to Rs.41.66 billion the previous fiscal. The board of directors of Tata Steel has recommended a dividend of 2 percent on cumulative convertible preference shares payable pro-rata from the date of allotment [...]
India eNews: Top Headlines (Free subscription) | 06/26/2008
Tata Steel Ltd, which acquired Anglo-Dutch giant Corus Group Plc. last year, has registered a net consolidated profit of Rs.123.22 billion for the year ended March 31 2008, compared to Rs.41.66 billion the previous fiscal.
bse (Free subscription) | 06/27/2008
Grasim (Challenging times, MP): We expect VSF prices to soften as supply tightness eases with global production capacity expanding by a third over 2009 and 2010. In the cement business (~80% of FY09ii revenue), the industry’s aggressive capacity expansions in the northern region would make it difficult for Grasim to increase volumes much faster than industry growth. We cut our earnings estimate for...
Vietnam Business Finance (Free subscription) | 06/23/2008
Vietnam's state-run shipbuilder Vinashin has cancelled plans to invest $1 billion in a $5 billion Steel venture with South Korea's POSCO, sending shares in the world's fourth-largest Steel maker down 3%. The decision, part of Vietnamese government efforts to cut spending to reduce inflation running at 25%, is an additional blow to POSCO, which has seen a $12 billion plan to build Steel mill in
Steel Strip (Free subscription) | 06/18/2008
Although it’s been known "unofficially" for a week or two, Corus have announced that it will increase the basis for it’s flat rolled products in the UK. The price increases will be at least 150 pounds per tonne for hot rolled Steel, 175 pounds per tonne for cold reduced Steel and 200 pounds for hot dipped [...]
Evolving Excellence (Free subscription) | 06/10/2008
Earlier this week Tata Motors of India completed it's acquisition of Ford's Jaguar and Land Rover brands. One of my coworkers is the proud owner of a Range Rover Sport, and we've had a little fun at his expense. Greeting...
