MARKETS

BSE Prices delayed by 5 minutes... Prices as on Feb 22, 2019 - 10:09AM   ABB India 1258.05 [ 0.67% ]ACC 1376 [ -1.01% ]Ambuja Cements Ltd. 208.45 [ -0.74% ]Asian Paints Ltd. 1393.55 [ -0.30% ]Axis Bank Ltd. 694.55 [ -0.34% ]Bajaj Auto Ltd. 2824.85 [ 0.54% ]Bank of Baroda 102.65 [ -0.34% ]Bharti Airtel 313.75 [ 1.14% ]Bharat Heavy Ele 63.3 [ 0.72% ]Bharat Petroleum 343.5 [ 2.54% ]Britannia Ind. 3037.2 [ 1.10% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 539.9 [ -0.59% ]Coal India 214.6 [ 0.42% ]Colgate Palm. 1253 [ 1.10% ]Dabur India 432.45 [ 1.36% ]DLF Ltd. 166.95 [ 0.75% ]Dr. Reddy's Labs 2583.1 [ -0.09% ]GAIL (India) Ltd. 330.65 [ -0.33% ]Grasim Inds. 754.95 [ 1.12% ]HCL Technologies 1064.35 [ 1.03% ]HDFC 1888.45 [ -0.17% ]HDFC Bank 2113.75 [ -0.07% ]Hero MotoCorp 2649 [ 0.20% ]Hindustan Unilever L 1765.75 [ 0.69% ]Hindalco Indus. 193 [ -0.67% ]ICICI Bank 353.4 [ 0.86% ]IDFC L 36.6 [ 1.24% ]Indian Hotels Co 141.8 [ -0.91% ]IndusInd Bank 1479.2 [ 0.52% ]Infosys 732.85 [ -0.07% ]ITC Ltd. 274 [ -0.33% ]Jindal St & Pwr 153.15 [ -1.42% ]Kotak Mahindra Bank 1242.7 [ -3.58% ]L&T 1272.15 [ -0.79% ]Lupin Ltd. 771.4 [ 0.18% ]Mahi. & Mahi 640.9 [ 1.19% ]Maruti Suzuki India 6906.4 [ 1.61% ]MTNL 13.51 [ -2.74% ]Nestle India 10656.3 [ 0.56% ]NIIT Ltd. 83.1 [ 0.48% ]NMDC Ltd. 95.25 [ -0.05% ]NTPC 135.9 [ -0.51% ]ONGC 148.6 [ 1.09% ]Punj. NationlBak 73.1 [ -0.14% ]Power Grid Corpo 181.9 [ 0.08% ]Reliance Inds. 1240.95 [ -0.44% ]SBI 269 [ 0.54% ]Vedanta 165.55 [ 0.58% ]Shipping Corpn. 36.25 [ 2.40% ]Sun Pharma. 434.2 [ 1.04% ]Tata Chemicals 561.1 [ -0.98% ]Tata Global Beverage 190.8 [ 0.45% ]Tata Motors Ltd. 170.05 [ 0.21% ]Tata Steel 494.05 [ -0.77% ]Tata Power Co. 67.35 [ -0.07% ]Tata Consultancy 1917.9 [ 0.30% ]Tech Mahindra Ltd. 823.65 [ 0.40% ]UltraTech Cement 3620.3 [ -0.30% ]United Spirits 535.45 [ -0.04% ]Wipro Ltd 379.2 [ 1.26% ]Zee Entertainment En 445.5 [ -0.24% ]

News Details

You can view in detail.
Tata Steel signs agreement with thyssenkrupp AG 02/07/2018 09:26

Tata Steel has said that it has signed definitive agreements with thyssenkrupp AG to combine their European steel businesses in a 50/50 joint venture in a new company.

This follows the signing of a Memorandum of Understanding in September 2017. The proposed new company, to be named thyssenkrupp Tata Steel BV, will be positioned as a leading pan European high quality flat steel producer with a strong focus on performance, quality and technology leadership.

The joint venture is built on the strong foundations of common value systems and a long heritage in the industry. The transaction is subject to merger control clearance in several jurisdictions, including the European Union.

Commenting on the issue, Natarajan Chandrasekaran, Chairman of Tata Steel, said: “The joint venture will create a strong pan European steel company that is structurally robust and competitive. This is a significant milestone for Tata Steel and we remain fully committed to the long-term interest of the joint venture company. We are confident that this company will create value for all stakeholders.”

Meanwhile, shares of the company were trading at Rs 583.20 apiece, up 2.70 per cent from the previous close at 09:30 hours on BSE.

LOAD MORE