Sunday, August 29, 2021

Tata Steel to invest Rs 8,000 crore in capex on India operations during FY22: CEO T V Narendran

Tata Steel to invest Rs 8,000 crore in capex on India operations during FY22: CEO T V Narendran The amount will be spent mainly towards completion of the expansion of the Kalinganagar plant, and expansion of mining operations and recycling business, he told PTI replying to a question related to Tata Steel#39;s plans for India business in the financial year 2022.

from Moneycontrol Business News https://ift.tt/3kwNsQ5

No comments:

Post a Comment

Oil prices may face further pressure amid OPEC+ supply glut: Seth R Freeman

Seth R Freeman of GlassRatner Advisory notes India's role in stabilizing oil prices by purchasing discounted Russian oil amidst tariff a...