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Tata Steel has restarted work on a pellet plant and cold-roll mill complex expansion at Tata Steel Kalinganagar. It was halted due to the lockdowns. The expansion of the Kalinganagar plant to 8 mtpa from 3 mtpa will incur a cost of around Rs 25,000 crore, the company said.
UBS downgrades Tata Motors to sellThe firm said a lack of product pull could drive discounts higher and volumes lower, offsetting the management’s cost-cutting effort and leading to disappointment on free cash flows, which JLR can ill-afford due to its levera… Read MoreReserve Bank of India plans rival for NPCIThe proposed entity, unlike NPCI, can be a for-profit entity as well with diversified shareholding with no single promoter allowed to hold more than 40% investment at the time of the application with stipulation reduce it to … Read MoreSGX Nifty down 5 points; here's what changed for market while you were sleepingNifty futures on the Singapore Exchange traded 3 points, or 0.03 per cent, lower at 11,284.50, in signs that Dalal Street was headed for a flat start on Tuesday.
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… Read MoreBoard Meetings Today: Bharti Airtel, Kotak Bank, HAL, ZEEL and KNR ConstructionsZEEL, Hindustan Aeronautics, Uflex, GTL Infra and TCNS Clothing will announce their June quarter earnings today.
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… Read MoreWhere have RCom assets disappeared in 2 years: SCA bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah expressed surprise when senior advocate Shyam Divan, appearing for the resolution professional appointed to manage the affairs of the company after insolvency proce… Read More
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