Tata Steel Share Price Today Live Updates : Tata Steel stock price went up today, 27 Jun 2024, by 0.78 %. The stock closed at 172.55 per share. The stock is currently trading at 173.9 per share. Investors should monitor Tata Steel stock price closely in the coming days and weeks to see how it reacts to the news.
Steel Authority of India Limited (SAIL) is introducing work flexibility and agility for over 55,000 employees, with plans to hire over 1000 entry-level workers in FY25. The aim is to attract Gen Zs, retain talent, and increase productivity. SAIL introduced the ‘Work from Other Than Workplace’ policy in May 2024, which has already been used for learning and developmental activities.
The oil-rich kingdom is eyeing becoming an electric vehicle manufacturing hub, manufacturing more than 3 lakh cars annually by 2030. Essar is looking to tap into the demand for steel for such cars as well as for other consumer goods industry. Share this news on social media…
Steel Authority of India Limited (SAIL) is introducing work flexibility and agility for over 55,000 employees, with plans to hire over 1000 entry-level workers in FY25. The aim is to attract Gen Zs, retain talent, and increase productivity. SAIL introduced the ‘Work from Other Than Workplace’ policy in May 2024, which has already been used for learning and developmental activities. स्टील अथॉरिटी ऑफ इंडिया लिमिटेड (SAIL) 55,000 से अधिक कर्मचारियों के लिए कार्य लचीलेपन और चपलता का परिचय दे रहा है, वित्त वर्ष 2025 में 1000 से अधिक प्रवेश स्तर के कर्मचारियों को नियुक्त करने की योजना है। इसका उद्देश्य जेन जेड को आकर्षित करना, प्रतिभा को बनाए रखना और उत्पादकता बढ़ाना है। सेल ने मई 2024 में ‘कार्यस्थल के अलावा अन्य स्थानों से काम’ नीति पेश की, जिसका उपयोग पहले से ही सीखने और विकासात्मक गतिविधियों के लिए किया जा चुका है। Share this news on social media
ArcelorMittal’s India joint venture warned New Delhi that planned curbs on low ash metallurgical coke imports, crucial for steelmaking, could harm the industry. The Red Sea crisis complicates supply chains, and the proposed 40% quota for European imports could disrupt operations. India’s imports of this key steelmaking fuel have doubled in four years. Share this news on social media…
India has shifted from being a net exporter to a net importer of steel in fiscal 2024, with a trade deficit of 1.1 million tonnes. Surging domestic demand led to increased imports from China, South Korea, Japan, and Vietnam. Despite a rise in exports, India faces challenges from Chinese competition. Strong domestic demand and production growth indicate positive prospects for the Indian steel industry. Strategic adjustments are needed to manage imports and maintain export competitiveness. Share this news on social media…
India has shifted from being a net exporter to a net importer of steel in fiscal 2024, with a trade deficit of 1.1 million tonnes. Surging domestic demand led to increased imports from China, South Korea, Japan, and Vietnam. Despite a rise in exports, India faces challenges from Chinese competition. Strong domestic demand and production growth indicate positive prospects for the Indian steel industry. Strategic adjustments are needed to manage imports and maintain export competitiveness. Share this news on social media…
A campaign by Jindal Steel & Power, titled ‘The Steel of India,’ won a silver and a bronze at the Cannes Lions International Festival of Creativity on June 18, sparking a controversy over creative credits. Wieden+Kennedy India claimed that they were unfairly excluded from credits despite their involvement in the campaign’s creative ideation. The dispute began when W+K India approached the Delhi High Court in March 2024, alleging that JSP’s campaign closely resembled their original concept presented to the company. Share this news on social media…
The plan to divest the steel business is a part of the company’s efforts to cut debt, Agarwal said in the company’s annual report for 2023-24 (Apr-Mar). At holding company Vedanta Resources, debt has been cut by $3.7 billion in two years, as against the company’s commitment of bringing it down by $4 billion. “We seek to further deleverage Vedanta Resources by US$ 3 billion over the next three years,” he reiterated. अग्रवाल ने कंपनी की 2023-24 (अप्रैल-मार्च) की वार्षिक रिपोर्ट में कहा कि स्टील कारोबार को बेचने की योजना कंपनी के कर्ज में कटौती के प्रयासों का एक हिस्सा है। होल्डिंग कंपनी वेदांता रिसोर्सेज के कर्ज में दो साल में 3.7 अरब डॉलर की कटौती की गई है, जबकि कंपनी ने इसे 4 अरब डॉलर कम करने की प्रतिबद्धता जताई थी। उन्होंने दोहराया, “हम अगले तीन वर्षों में वेदांता रिसोर्सेज को 3 बिलियन अमेरिकी डॉलर तक बढ़ाना चाहते हैं।”
India’s ministry of steel has approved a proposal from government-run pellet producer KIOCL Limited to operationalize the Devadari iron ore mine in southern state of Karnataka, government sources said on Monday, June 17. A mining lease has been executed with Mines and Geology department of Karnataka government for extracting iron and manganese ore on 388 hectares of land for a period of 50 years. The mining operations in Devadari will offer a lifeline to the KIOCL, following the closure of iron ore mining in Kudremukh in Chikkamagaluru district in 2006 and the company has been dependent on ore from NMDC Limited’s supplies from mines in Chhattisgarh state to feed raw materials to its 3.5 million mt per year pellet plant at Mangaluru, Karnataka. KIOCL is expecting to mine estimated 3 million mt of iron ore from Devadari, sources said. Share this news on social media…
