Shares of Tata Steel settled with gains of more than 4% on the BSE, following which the companys market capitalisation improved by Rs 7,062.62 crore.
India's production of finished steel from April to November rose by 5.1 pc to 69.604 mn tonnes while consumption grew by 4.2 pc to 56.788 mn tonnes during the period.
Sebi has barred Taksheel Solutions and 3 others from the capital markets for 3yrs for suppressing "material information" and diverting funds raised through the IPO.
Domestic crude steel production rose by 5.5% to 8.65 mn tonnes in Oct 2017 compared to 8.19 MT in the same month last year, as per official data.
India's steel consumption grew by 4.6 per cent to nearly 21 million tonne in the first quarter of the current fiscal over the same period in 2016.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment