Tata Steel board to consider fund raising proposal this week

New Delhi: Tata Steel today said its board will meet this week to consider a proposal for raising funds. "A meeting of the Board of Directors of the company will be held on Thursday, April 20, 2017 inter-alia to consider a proposal for fund raising," the company said in a filing to the BSE.

Tata Steel stands among the top global steel companies with an annual crude steel capacity of 28 million tonnes and had a turnover of USD 17.69 billion in FY 2015-16.

It is the world's second-most geographically-diversified steel producer with operations in 26 countries and commercial presence in over 50 countries.


Trending News

Facebook Lite to launch in developed countries, including United States

Reliance Jio adjusted gross revenue up 21.3% at Rs 5,300 crore in Q3

Angels offer to dematerialise unlisted shares to solve row

Healofy raises $1M seed funding from Omidyar Network

Agritech startups Sabziwala and LivLush merge their business under new entity Kamatan

Myntra brings EMI down to just Rs 50 in sales push

HDFC Bank blocks all its credit and debits cards to buy or trade cryptocurrencies

India to lead in data science job creation: Biocon Chief Kiran Mazumdar-Shaw

Avail Finance lands $17.2M from Matrix Partners & Ola, Freecharge and Flipkart founders

Understanding local nuance is our key competitive edge: Indian Internet firms

SpaceX is launching its broadband satellites into orbit this weekend

Unilever threatens to cut back online ads over 'toxic' content

Google hires former Samsung Mobile CTO to coordinate Internet of Things projects

Go-Jek plans India foray in second half of 2018

Pivoting away from Cube brought us to the right route: PayU's Jitendra Gupta

Ola parent to invest Rs 400 crore to boost Foodpanda India logistics & tech

Alibaba plans tighter integration of Paytm Mall with BigBasket & XpressBees

MakeMyTrip posts wider loss in Q3, may revisit OYO strategy

Google fined Rs 135.86 crore by CCI for 'search bias'

RBI suggests tax sops, self-regulation to build fintech space

Swiggy hires new CEO for its Access Service, gets new CFO

Logistics company Delhivery registers 44% increase in FY17 revenues

WeWork to acquire one of the oldest social networks, Meetup

Toyota, Suzuki to produce electric vehicles for India market by 2020

Qualcomm rejects Broadcom's $103 billion offer

Fashion e-tailer Voonik asks staff to forgo 3 months' salary

EasyRewardz gets $2 million Series-A funding

'Anemic' iPhone 8 demand drags Apple shares lower

Lending platform Lenden Club gets Rs 3.5cr in Equity Investment

On festive sales, Flipkart says 65% clients from Tier-II cities