tata steel

tata steel reported a more than two-fold jump in consolidated net profit to Rs 2,965 crore for the January-March quarter of FY26, driven by strong India operations and improved volumes. For the full fiscal year, net profit surged over three times to Rs 10,885.82 crore, with steel production and deliveries also seeing an increase.

A retired tata steel employee, arrested for allegedly killing his wife, daughter, and son with an axe and hammer, has not revealed his motive despite two days of questioning. Police are examining call detail records and bank accounts, while the accused's eldest daughter cited his anxiety about retirement and his children's futures as a possible factor.

A retired tata steel employee allegedly murdered his wife, pregnant daughter, and son with an axe and hammer in Jamshedpur. The accused, who retired in February, reportedly confessed to the crime after calling the police himself. Investigations are underway to determine the motive, with preliminary findings suggesting domestic disputes post-retirement.

A diesel shortage, exacerbated by West Asia tensions, has significantly impacted chromite mining in Sukinda Valley, India's primary source of the mineral. Operations have scaled down, affecting thousands of workers and threatening smaller mines with closure due to dwindling fuel stocks. Daily diesel needs are currently unmet, directly reducing output.

Jamshedpur Notified Area Committee (JNAC) is launching a month-long drain desilting and cleaning campaign starting May 15 to prepare for the monsoon. Two dedicated teams will tackle over 200 drains across Jamshedpur East and West, with iron screens to be installed to prevent plastic clogging. This initiative aims to mitigate perennial flooding issues in low-lying and slum areas.

Stock market recommendations: For the trading week starting April 27, 2026, tata steel, and Cyient DLM are the top stock picks from Motilal Oswal Wealth Management Research Desk.

tata steel and Google Cloud are significantly expanding their partnership to implement an enterprise-wide agentic AI strategy. In just nine months, tata steel has deployed over 300 specialized AI agents, leveraging Google Cloud's technology to enhance efficiency and precision across its global operations.

In the first four-and-a-half months of 2026, 26 gunfights took place in which 26 suspects were injured and five were killed

Usha Padhee, Additional Chief Secretary, Housing & Urban Development, conducted a field visit to Kalinga Nagar, Jajpur district, reviewing land development and strategic infrastructure for industrial expansion. She also assessed urban development projects aimed at enhancing quality of life in emerging industrial townships.

Faustino Oro, a 12-year-old Argentine chess prodigy known as the “Messi of Chess,” has become the second-youngest Grandmaster in history. TimesofIndia.com follows his journey from learning chess during the COVID lockdown in Buenos Aires to moving to Barcelona and competing globally. Despite tougher FIDE rules, Oro’s talent, discipline, and love for the game helped him succeed.

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

The RBI has thwarted Tata Sons' attempt to avoid a public listing. A recent clarification states that equity from group companies with market access counts as indirect public funds, invalidating Tata Sons' argument for deregistration. This ruling, effective July 1, impacts the conglomerate's holding company, which has substantial assets exceeding the deregistration threshold.

Indian pharmaceutical giant Sun Pharma is set to acquire US-based Organon & Co. for $11.75 billion in an all-cash deal. This landmark acquisition, one of India's largest overseas ventures, will propel Sun Pharma into the top 25 global pharma companies. The move significantly bolsters its presence in women's health and biosimilars, expanding its global reach across 150 countries.

The Tea Board of India will close the Jorhat Tea Auction Centre in April 2026. This move aims for a new pan-India digital auction system. Growers in upper Assam will now rely solely on the Guwahati centre. The decision has sparked concern among tea producers and industry stakeholders.

In a stunning display of perseverance and passion, the tata steel Adventure Foundation Rowing Academy in Jamshedpur celebrates a major milestone! Sukhlal Tudu and Sulekha Murmu have each earned bronze medals at the National Indoor Rowing Championship in Cuttack, following in the footsteps of Sreya, who also secured a bronze.

Triggers Stampede-Like Chaos As 50 Cylinders Explode; 12 Scrap Warehouses Charred

Indian chess prodigy Nihal Sarin brushed off an online opponent’s rude gesture earlier this year, focusing instead on his game. Since then, he has surged in form, reaching a career-high rating of 2723, winning the Menorca Masters, and beating world champion D Gukesh twice. He will now aim to qualify for the Esports World Cup 2026.

Harika Dronavalli clarified viral handshake incident with Nodirbek Yakubboev, saying there was no disrespect. He had pre-informed her he cannot do handshakes due to religious beliefs, and her instinctive resignation gesture caused confusion. She urged social media not to blame him. Similar past incidents exist with Vaishali Rameshbabu. Harika stressed mutual respect and focus on chess, despite controversy overshadowing results.

TCS's headcount saw a significant drop in FY26, though the CHRO clarified that restructuring accounted for a smaller portion than initially stated. The company remains committed to hiring approximately 40,000 freshers annually and is investing in niche skills like AI, while enterprise AI adoption is driving substantial revenue growth.

Indian stock markets fell sharply on Thursday. The Sensex dropped over 900 points. Renewed tensions in West Asia impacted investor sentiment. Rising crude oil prices and foreign fund outflows also contributed to the decline. Global markets also traded lower. Profit-booking was observed after a recent rally.

In light of the propane supply challenges due to conflicts in West Asia, industries in Jamshedpur are making a rapid transition to Piped Natural Gas (PNG). GAIL is leading the charge by establishing a PNG facility at Tata Motors, while also securing partnerships with tata steel and Timken India.

Jamshedpur's power demand surged by an average of 17-20 MW last month, largely due to increased reliance on electric cooking appliances amid LPG disruptions. Officials noted a significant spike, particularly in the Mango area, as residents turned to electric cookware, fans, and ACs. This trend is expected to continue as summer intensifies.

Stock market crash today: Nifty50 and BSE Sensex tanked in trade on Thursday, a day after the stock market saw a record single day gain. While Nifty50 went below 23,800, BSE Sensex was down over 1,000 points intraday.