Tata Steel

Tata Steel offering UK taxpayer big stake in UK plant: Report

6:27 pm July 26, 2020

London: Tata Steel is reportedly offering the British taxpayer a 50 per cent stake in its Port Talbot steelworks in Wales as part of efforts to secure government backing to secure the future of the business in the wake of the coronavirus pandemic lockdown. According to ‘Sky News’, the Indian steel major is seeking GBP 900 million from the UK government’s […]

Sensex sheds 59 pts; Nifty settles below 11,150

4:20 pm July 22, 2020

Mumbai: Snapping its five-session winning run, equity benchmark Sensex dropped 59 points on Wednesday, dragged by losses in Infosys, HUL and HDFC Bank amid weak cues from global markets. After swinging 599 points in a volatile session, the 30-share BSE benchmark finished 58.81 points, or 0.16 per cent, lower at 37,871.52. Similarly, the NSE Nifty […]

Sensex rallies 409 pts; Nifty tops 10,800-level

6:44 pm July 9, 2020

Mumbai: Resuming its upmove after a day’s breather, equity benchmark Sensex rallied 409 points on Thursday, tracking gains in index-heavyweights HDFC twins and Reliance Industries amid positive cues from overseas markets. After touching a peak of 36,806.30 during the day, the 30-share index settled 408.68 points, or 1.12 per cent, higher at 36,737.69. The NSE […]

Sensex tanks 552 pts on second COVID wave fears

8:04 pm June 15, 2020

Mumbai: Equity benchmark Sensex plunged 552 points on Monday, dragged by heavy losses in financial stocks amid concerns over a second wave of coronavirus infections. After sinking over 857 points during the session, the 30-share index settled 552.09 points, or 1.63 per cent, lower at 33,228.80. Similarly, the NSE Nifty tumbled 159.20 points, or 1.60 […]

Sensex surges 290 pts; Nifty reclaims 10,100 level

7:04 pm June 10, 2020

Mumbai: The BSE Sensex surged 290 points on Wednesday following gains in index heavyweights Reliance Industries, HDFC and ICICI Bank amid persistent foreign fund inflows. After hitting an intra-day peak of 34,350.17, the 30-share benchmark settled 290.36 points, or 0.86 per cent, higher at 34,247.05. Similarly, the NSE Nifty climbed 69.50 points, or 0.69 per […]