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Tata Steel CEO says job cuts in Britain ‘least bad option,’ will continue talks

NEW DELHI: Planned job cuts in Britain by India’s Tata Steel were the “least bad option,” and the company will...

Published 26 Jan, 2024 10:37am

Business & Finance

Tata Steel to cut 3,000 jobs in Wales

LONDON: Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source with knowledge of the plan...

Published 19 Jan, 2024 05:37am

Business & Finance

UK govt pumps £500mn into Tata Steel but says 3,000 jobs at risk

LONDON: The UK government on Friday said it would provide £500 million ($621 million) to fund the production of...

Published 15 Sep, 2023 06:08pm

Business & Finance

Britain in talks with Tata Steel over $630mn aid package

LONDON: The British government is in advanced talks with Tata Steel, the country’s biggest steel producer, to...

Updated 02 Sep, 2023 05:55pm

Business & Finance

India’s Tata Steel CEO says prices to ease in Q2

NEW DELHI: India’s Tata Steel Ltd expects lower steel prices in the July-September quarter in India and Europe,...

Published 26 Jul, 2023 10:51am

Markets

Indian shares rebound on slide in oil prices

BENGALURU: Indian shares swung to gains in the final hour on Thursday, on slide in oil prices due to demand concerns...

Published 30 Dec, 2022 05:50am

Business & Finance

Tata seeks £1.5bn aid to keep British steel plant open

LONDON: Indian steel giant Tata Steel said Friday it could close its major plant at Port Talbot in Wales unless it...

Published 23 Jul, 2022 04:10am

Markets

Tata Steel buys 75,000 tonnes of Russian coal

NEW DELHI: India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half ...

Published 23 Jun, 2022 06:05am

Markets

Tata Steel bought 75,000 tonnes of Russian coal in May

NEW DELHI: India’s top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half ...

Published 22 Jun, 2022 08:12am

Markets

Tata Steel buys coal from Russia weeks after vowing to cut ties

NEW DELHI: India's top steelmaker Tata Steel imported about 75,000 tonnes of coal from Russia in the second half of...

Updated 20 Jun, 2022 09:48pm

Markets

Indian shares fall

BENGALURU: Indian shares closed lower on Monday after a volatile session, weighed down by a sell-off in metal stocks...

Published 24 May, 2022 05:35am

World

Blast at India’s Tata Steel coke plant injures three contract workers

MUMBAI: India’s Tata Steel said three contract workers had been injured in a blast at one of its coke plant units in...

Published 07 May, 2022 05:04pm

Markets

India’s Tata Steel to stop doing business with Russia

BENGALURU: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday, making it the...

Published 21 Apr, 2022 05:26am

World

Dutch public prosecutors open criminal investigation into Tata Steel

BRUSSELS: Dutch public prosecutors on Wednesday said they had launched a criminal investigation into the Dutch arm ...

Published 03 Feb, 2022 04:02am

Markets

Indian shares end higher

BENGALURU: Indian shares eked out gains in a choppy session on Thursday as a jump in metal and energy stocks helped...

Published 14 Jan, 2022 07:45am

Markets

Indian shares get IT, Tata Steel boost ahead of more earnings, inflation data

BENGALURU: Indian shares rebounded on Friday, helped by IT stocks and Tata Steel, while investors also focused on...

Published 12 Nov, 2021 09:41am

Business & Finance

Tata Steel sues Liberty Steel over £100m deal

LONDON: Tata Steel revealed Thursday that it has launched legal action against troubled UK rival Liberty Steel over...

Updated 23 Apr, 2021 10:01am

Markets

Indian shares climb for third day as metals gain

Hindalco and Tata Steel were the top gainers on the Nifty 50, rising more than 2% each amid steel prices in China hitting a record.

Published 08 Apr, 2021 12:13pm

Markets

Indian shares rise after strong earnings; Tata Steel jumps

Tata Steel was the top gainer on the Nifty 50, rising 2.4% after it swung to a profit in the December quarter.

Published 10 Feb, 2021 11:46am

Business & Finance

Tata Steel to continue separation of European activities

"It is unclear how we will proceed, but we expect the separation to continue," works council chair Cinta Groos told Reuters.

Published 29 Jan, 2021 02:35pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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