E-PaperTata Steel Debt News
Tata Steel confirms $600 million fundraising
The company has set a target of reducing gross debt by $1 billion in FY20Tata Steel has net debt of ₹1 trillion, as of March 2019
1 min read19 Jul 2019Tata Steel’s Q1 supports India push but investors enquire at what cost
Tata Steel's gross debt as of 30 June has risen by 26.6% to 1.17 trillion compared to its 31 March levels, mainly due to the Bhushan Steel acquisition
3 min read14 Aug 2018Tata Steel said to seek loan for Bhushan Steel asset purchase
Tata Steel is preparing a Rs11,500 crore ($1.7 billion) loan to help fund its purchase of assets from Bhushan Steel, report says
1 min read17 May 2018Tata Steel appoints i-banks for $2 billion rights issue to be launched in January
Tata Steel has appointed investment banks Axis Capital, ICICI Securities, Kotak Mahindra Capital and SBI Capital Markets to manage the $2 billion rights issue
3 min read28 Dec 2017Tata Steel, Thyssenkrupp to merge European units
The Tata Steel-Thyssenkrupp merger is a milestone for Tata Sons chairman N. Chandrasekaran who had vowed to tackle hot spots in the group
3 min read21 Sep 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared