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Tata Steel, SAIL face 30-40% fall in ore supply over Jharkhand ban

2014-09-11 07:11:54| Steel - Topix.net

Steelmakers like Tata Steel and Steel Authority of India are heading for fresh trouble in the wake of Jharkhand state Government ordering closure of 12 mines, including the mines controlled by these two steel giants. The District Mining Office of Chaibasa in Jharkhand has recently issued a closure notice to 12 of the 17 working iron ore mines in West Singhbhum, running under second and third subsequent deemed renewal.

Tags: face fall supply steel

 

Buy rating on Tata Motors: LKP Securities

2014-09-06 13:42:39| Automakers - Topix.net

Tata Motors has been the biggest sufferer of the cyclical downturn in the medium and heavy commercial vehicle industry in India. Now, with the recent growth seen in monthly sales numbers both on a y-o-y as well as mom basis for the last couple of months on industry wide basis, we believe that recovery has entered the M&HCV industry.

Tags: buy rating securities motors

 
 

Tata Steel to make high grade steel for premium cars

2014-09-06 03:40:59| Steel - Topix.net

Tata Steel is looking at cashing in on the turnaround in Automobile sales and is fast preparing the groundwork to create capabilities in manufacturing critical components for high-end cars for the domestic market, a senior official told dna. "The perceptions are changing.

Tags: make high premium cars

 

Indian Ministry Refuses To Approve Expansion Of IFC-Funded Tata...

2014-09-05 23:22:39| Steel - Topix.net

First, the World Bank Group's International Finance Corporation refused to finance an expansion of the dirty, destructive Tata Mundra coal-fired power plant back in May. Now it seems Indian courts have agreed that the wide-reaching effects of this coal project are too controversial to move forward with the proposed expansion. Last week, the Indian Supreme Court delivered a one-two punch to the Indian coal industry in a series of landmark rulings that further call into question the viability of the nation's faltering coal industry.

Tags: indian expansion ministry approve

 

Tata Starbucks CEO Avani Davda in Fortune women's list

2014-09-04 12:31:33| Beverages - Topix.net

In less than two years, Avani Davda has opened 52 Tata Starbucks stores across Mumbai, Delhi, Pune, Bangalore, and Chennai. Tata Starbucks CEO Avani Davda is the only Indian featured in Fortune and Food & Wine's list of 25 "most groundbreaking" women who are changing the way people eat and think about food.

Tags: list ceo fortune womens

 

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