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Mumbai: Benchmark equity indices Sensex and Nifty tumbled on Monday after a four-day rally amid emergence of profit-taking, mainly in bank stocks. After staying in the negative territory throughout the day, the 30-share BSE Sensex later dropped 452.44 points or 0.54 per cent to settle at 83,606.46. During the day, it tanked 576.77 points or 0.68 per cent to 83,482.13. The 50-share NSE Nifty declined 120.75 points or 0.47 per cent to 25,517.05. From the Sensex firms, Axis Bank, Kotak Mahindra ...Read More >
Mumbai, June 30 (SocialNews.XYZ) After rising for four straight sessions, the Indian stock markets took a breather on Monday as investors booked profits amid the absence of strong domestic cues. The Sensex dropped 452 points, or 0.54 per cent, to close at 83,606.46. During the day, it moved between an intra-day high of 84,099.53 and a low of 83,482.13. Nifty also followed suit. The 50-share index opened at 25,661.65, touched a high of 25,669.35, and closed at 25,517.05, down by 120.75 points o ...Read More >
Mumbai: Benchmark equity indices Sensex and Nifty tumbled on Monday after a four-day rally amid emergence of profit-taking, mainly in bank stocks. After staying in the negative territory throughout the day, the 30-share BSE Sensex later dropped 452.44 points or 0.54 per cent to settle at 83,606.46. During the day, it tanked 576.77 points or 0.68 per cent to 83,482.13. The 50-share NSE Nifty declined 120.75 points or 0.47 per cent to 25,517.05. From the Sensex firms, Axis Bank, Kotak Mahindra ...Read More >
Mumbai, June 29 (SocialNews.XYZ) Tata Steel on Sunday said it has received a show-cause-cum-demand notice from the tax department over an alleged irregular use of input tax credit worth over Rs 1,000 crore for the financial years 2018-19 to 2022-23. In a filing to the stock exchanges, the company said that the notice was issued by the Office of the Commissioner (Audit), Central Tax, Ranchi, on June 28. "On June 28, Tata Steel Limited received a Show Cause cum demand Notice dated June 27, issue ...Read More >
Jamshedpur, Jun 28 (PTI) Commemorating a decade of MOSAIC, the diversity and inclusion initiative, private steel major Tata Steel on Saturday said it aimed to have 20 per cent diversity in its workforce across the group by 2028. For Tata Steel, the commitment to diversity goes beyond policy implementation. It actively seeks to redefine norms in typically male-dominated sectors, the company said in a statement. Tata Steel's progressive HR policies offer equal benefits for LGBTQIA+ partners, gen ...Read More >
Mumbai, Jun 27 (PTI) Benchmark indices Sensex and Nifty began the trading session on an optimistic note on Friday amid fresh foreign fund inflows and a rally in the US markets. Rallying for the fourth day running, the 30-share BSE Sensex climbed 229.22 points to 83,985.09 in early trade. The 50-share NSE Nifty went up 73.5 points to 25,622.50. From the 30-Sensex firms, Larsen & Toubro, Tata Steel, State Bank of India, Tata Motors, HCL Tech, and Bharat Electronics were among the major gainers. ...Read More >
New Delhi, Jun 8 (PTI) Homegrown Tata Steel is expecting to start the construction of its low-carbon EAF-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said. The company has received necessary approvals for its USD 1.5 billion project at Port Talbot, Tata Steel CEO & MD T V Narendran, and ED & CFO Koushik Chatterjee said in the company's annual report for FY2024-25. "We are now transitioning to decarbonised and state-of-the-art EAF-ba ...Read More >
Bhubaneswar, June 8 (SocialNews.XYZ) Odisha Chief Minister Mohan Charan Majhi on Sunday asserted that the state has made significant progress in the industrial sector over the last year, outpacing the industrial growth of the previous five years combined, through quiet, focused, and committed action. During an interaction with prominent industry leaders, MSME entrepreneurs, women entrepreneurs and start-up sector leaders ahead of the first anniversary of his government here, CM Majhi said, "One ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi Sunday asserted that the state has made significant progress in the industrial sector over the last year, outpacing the industrial growth of the previous five years combined, through quiet, focused, and committed action. During an interaction with prominent industry leaders, MSME entrepreneurs, women entrepreneurs and start-up sector leaders ahead of the first anniversary of his government here, CM Majhi said, "One year ago, the people of Od ...Read More >
Bhubaneswar: Hundreds of junior school teachers from across the state Friday staged a protest here demanding regularisation of their services and withdrawal of contractual appointment system. Holding posters and banners against the contractual appointment of junior teachers in schools, the teachers, including women, demonstrated at Mahatma Gandhi Marg here. The teachers, representing various schools across the state, demanded immediate regularisation of their posts and scrapping of the contract ...Read More >
Mumbai: Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to settle at 82,18 ...Read More >
Mumbai, June 6: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Friday, driven by a rally in rate-sensitive sectors following the Reserve Bank's jumbo rate cut of 50 basis points. Market analysts said in light of benign inflation forecasts, RBI has taken steps to boost growth. A 50 bps repo rate cut supported by phased 100 basis points CRR cut will boost growth and lower the borrowing costs. The policy is broadly positive for growth and investment in a challenging global macro en ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices surged on Friday, with the Sensex climbing 746.95 points and Nifty reclaiming the 25,000-level after the RBI cut interest rates by more-than-expected 50 basis points -- a third consecutive reduction -- and reduced the cash reserve ratio for banks to provide a major liquidity fillip to support the economy amid geopolitical and tariff headwinds. Recovering all the early lost ground, the 30-share BSE Sensex jumped 746.95 points, or 0.92 per cent, to set ...Read More >
Mumbai: Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Nifty dropped 27.65 points to 24,723.25. From the Sensex firms, Tata Motors, Bajaj Finance, ICICI Bank, Bajaj Finserv, Reliance Industries and Bharti ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. Also Read | Lucknow Toddler Rape Case: Man Accused of Abduction, Sex Assault of 3-Year-Old Girl Killed in UP During Police Encounter. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Ni ...Read More >
Mumbai, Jun 6 (PTI) Benchmark equity indices Sensex and Nifty declined in early trade on Friday ahead of the RBI monetary policy outcome. Moreover, a sluggish trend in global equity markets and fresh foreign fund outflow also drove investors to stay on the sidelines. The 30-share BSE Sensex declined 159.93 points to 81,282.11 in early trade. The 50-share NSE Nifty dropped 27.65 points to 24,723.25. From the Sensex firms, Tata Motors, Bajaj Finance, ICICI Bank, Bajaj Finserv, Reliance Industri ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The domestic benchmark indices opened flat on Friday ahead of the key RBI monetary policy committee (MPC) decision on the repo rate, as buying was seen in the IT and PSU bank sectors in the early trade. In today's monetary policy, the RBI is likely to cut policy rates by 25 bps, which has already been factored in by the stock market. At around 9.23 am, Sensex was trading 82.43 points or 0.10 per cent down at 81,359.61 while the Nifty declined 7.70 point or 0.03 ...Read More >
Mumbai, June 6 (SocialNews.XYZ) The domestic benchmark indices opened flat on Friday ahead of the key RBI monetary policy committee (MPC) decision on the repo rate, as buying was seen in the IT and PSU bank sectors in the early trade. In today's monetary policy, the RBI is likely to cut policy rates by 25 bps, which has already been factored in by the stock market. At around 9.23 am, Sensex was trading 82.43 points or 0.10 per cent down at 81,359.61 while the Nifty declined 7.70 point or 0.03 ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Thursday performed groundbreaking ceremony for 12 industrial and infrastructure projects worth a total of Rs 28,084 crore. The projects have the potential to create 15,455 jobs. These projects are located across Tata SEZ at Gopalpur, and Chhatrapur, Buguda and Barapalli areas, reinforcing the State's target of building a diversified and sustainable industrial ecosystem in Ganjam region. On the occasion, Majhi said these projects will prov ...Read More >
Berhampur: CM Mohan Charan Majhi on Thursday launched 12 industrial projects worth ₹28,084 crore in Ganjam district, marking a significant boost to Odisha's industrial development. The projects are expected to generate over 15,455 jobs.During the groundbreaking ceremony at Onslow Stadium in Chatrapur, Majhi emphasized the state's commitment to sustainable development, particularly noting the timing of the announcement on World Environment Day. "This investment will catalyze Ganjam's economic gr ...Read More >
Mumbai: The birth of three penguin chicks at Mumbai's Veermata Jijabai Bhosale Udyan and Zoo has sparked an unexpected row not over their care, but their names. BJP functionary Nitin Bankar from the Byculla Assembly constituency has objected to the chicks being given English names, insisting they be named in Marathi instead. The BMC is expected to respond by June 10, after which Bankar will decide his next move. Speaking to The Free Press Journal, Bankar said, "When penguins were brought from a ...Read More >
Bhubaneswar: Odisha Chief Minister Mohan Charan Majhi on Thursday performed the groundbreaking ceremony for 12 industrial and infrastructure projects worth ₹28,084 crore, reinforcing the state's vision of sustainable and inclusive development. The projects, located across Gopalpur, Chatrapur, Buguda, and Barapalli in the Ganjam region, are expected to create employment opportunities for 15,455 people. Speaking on the occasion, which coincided with World Environment Day, Majhi said the projects ...Read More >
Hyderabad: Contrary to widespread and distressing reports circulating on social media and some unofficial sources earlier today, Jubilee Hills MLA Maganti Gopinath of the Bharat Rashtra Samithi (BRS) has not passed away. He remains critically ill but is showing signs of recovery after being rushed to AIG Hospital in Gachibowli on Thursday with heart-related issues. BRS MLC Dasoju Shravan provided a crucial update, stating, "Maganti Gopinath is recovering." Shravan clarified that Gopinath is res ...Read More >
Bhubaneswar/Gopalpur: Odisha Chief Minister Mohan Charan Majhi on Thursday laid the foundation stones for five major industrial projects at the Tata Steel Special Economic Zone Limited's (TSSEZL) Gopalpur Industrial Park (GIP) in Ganjam district. With a cumulative investment of over Rs 20,500 crore, these projects mark a significant boost to the state's fast-growing industrial base. Addressing the gathering, Chief Minister Majhi said, "Ganjam has emerged as a dynamic industrial destination due ...Read More >
Gopalpur : Shri Mohan Charan Majhi, Hon'ble Chief Minister of Odisha, today laid foundation stones for five new industrial projects at the Gopalpur Industrial Park (GIP), developed by Tata Steel Special Economic Zone Limited (TSSEZL). The event took place in Ganjam, Odisha, in the presence of senior officials from the State Government, local community representatives, TSSEZL officials, and existing industry stakeholders at GIP. Hon'ble CM said, "Ganjam has achieved significant milestones in the ...Read More >
Tata Steel launched an all-women mining shift at its Noamundi iron mine in Jharkhand, a first in India. This initiative builds on their "Women@Mines" program and aims to empower women in mining. The company trained local women to operate heavy machinery through the "Tejaswini" initiatives, leading to this milestone. Tata Steel also achieved 20% diversity in its India workforce.In order to bring in more diversity, Tata Steel has rolled out an all-women shift at its Noamundi iron mine in Jharkhand ...Read More >
On a flatter course and in cooler weather, a competitive field, including in-form defending champions Daniel Ebenyo and Sutume Kebede, poses a threat to event records of the Tata Steel World 25K Kolkata, to be held here on Sunday. Ebenyo and Sutume are keen to run fast and lower their event records, 1:11.13 and 1:18:47, in men's and women's events, respectively and claim the winner's purse of $15,000 each apart from the record bonus of $5,000. Apart from the return of the defending champions f ...Read More >
Kolkata, Dec 15: Ethiopian Sutume Kebede retained the women's crown in the ninth edition of Tata Steel World 25K, the first World Athletics Gold Label Road Race at this distance, in the West Bengal capital today. Ugandan Stephen Kissa triumphed over the defending champion, Daniel Ebenyo from Kenya, in the men's race. The Indian elite runners also returned with splendid performances, with Gulveer Singh setting a new event record and Sanjeevani taking the title in the women's category. As they c ...Read More >
Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum district, an initiative introduced in the country for the first time, a company statement said. Women employees were engaged in all the mining activities of the shift, including heavy earth moving machinery, shovel, loader, drill [...] Jamshedpur, Dec 17 (PTI) Tata Steel has operationalised an all-women shift at its Noamundi iron mine in Jharkhand's West Singhbhum d ...Read More >
Tata Steel is bolstering its iron ore supply for its planned 40 MTPA steel production by 2030. With four mine leases expiring in 2030, the company is operationalizing two new mines and negotiating with NMDC and OMC for additional ore. These strategies aim to secure the over 60 MT of iron ore required for the expanded steel capacity.Tata Steel has initiated discussions with state-run miners NMDC and Odisha Mining Corporation (OMC) to secure future iron ore supplies as the company ramps up its dom ...Read More >
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