After the successful follow on offer for Rs 3,700 crore, Tata Steel is all set for another round of fund raising. Sources indicate that the steel giant is looking to raise about USD 500 million for long term capex plans and to reduce debt.

The company may opt for the perpetual bond route to rais..

The state-run NMDC has decided to set up its second steel plant in central India through a joint venture and is in talks with two companies one of which is Tata Steel, the Business Standard reported on Sunday.

"We have decided to set up a 2 million tonne steel plant in Chhattisgarh, apart from th..

Anchor book (a part of QIBs) of Tata Steel's follow-on public offer (FPO) received overwhelming response from anchor investors on Tuesday (a day before issue opens for subscription).

The world's seventh largest steel maker has received commitment of Rs 507.825 crore as against allotment (which wi..

Tata Steel touched an intraday high of Rs 662.05 and an intraday low of Rs 648.15. At 09:23 hrs the share was quoting at Rs 650.10, down Rs 10.80, or 1.63%.

The company is planning to raise up to Rs 7000 crore from the FPO to part finance its expansion, reports The Financial Express.

It was t..

MUMBAI: Benchmarks began trade on the first day of the calendar year on a positive note and were comfortably placed above psychological resistance levels. All the sectoral indices were in the green with metals, auto and realty leading the upmove.

“We expect the Indian Markets to open on a mildly ..