Tata Sponge Iron

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  Tata Sponge Wins Bid For 24,000 Tons Per Year Of Coal From Coal India

  Tata Sponge Iron on Wednesday said it has won the bid for delivery of 24,000 tonnes of coal from state-run miner Coal India Ltd (CIL).

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  Tata Sponge Iron Q4 Net Up 49% At Rs 13 Crore

  The firm's total expenses stood at Rs 128.73 crore during the quarter, down 22.52 per cent, as against Rs 166.15 crore in the corresponding quarter.

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  Tata Sponge Slumps Despite Big Jump In Q4 Profit

  Tata Sponge Iron shares slumped as much as 6 per cent on Tuesday at day's low of Rs 539, despite the company posting a 49 per cent rise net profit in the March quarter on a year-on-year basis.

• Tata Sponge Iron Q2 Net Plunges 75%

  Tata Sponge Iron on Friday said its standalone net profit fell by 75 per cent to 5.69 crore for the second quarter ended September 30, 2015.

• Tata Sponge Q1 Net Down 84% at Rs 7 Crore

  Tata Sponge Iron, an associate firm of Tata Steel, on Wednesday reported 83.98 per cent plunge in standalone net profit at Rs 7.09 crore for the quarter ended June 30, 2015, due to sharp fall in sales.

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  Ministerial panel for deallocating coal mines of Essar Power, JSPL, others: report

  An inter-ministerial panel has recommended deallocation of 29 coal blocks of companies including Essar Power, Hindalco, Tata Power and Jindal Steel and Power Ltd, and has suggested "no action at present" for 30 other blocks.

• Tata Sponge Iron Q3 net up 18 per cent at Rs 24 crore

  Tata Sponge Iron, an associate firm of Tata Steel, on Friday reported a 18 per cent growth in its net profit at Rs 24.31 crore during October-December on the back of lower costs.

• Tata Sponge Iron net down 29% in Jul-Sept quarter

  Tata Sponge Iron reported 28.8 per cent dip in net profit at Rs 18.33 crore for the quarter ended September 30 mainly on lower total income.

• CBI registers two enquiries on missing coal files

  The Central Bureau of Investigation (CBI) today registered two preliminary enquiries to look into the issue of missing files on coal block allocations from the Coal Ministry.

• Panel recommends deallocation of 12 coal blocks allotted to private sector, government accepts recommendations

  The government has accepted IMGs recommendations, sources said. The ministerial panel was constituted on July 3, 2012, to review the progress of the coal blocks allotted to private and public sector firms.

• Govt deallocates two more coal blocks, one of tourism minister's brother

  The government also decided to deduct bank guarantees of two companies -- Tata Sponge Iron and Bhushan Ltd -- for failure to develop blocks allocated to them in Odisha during the prescribed time frame, an official statement said.

• Coal-gate: Inter-ministerial group advises cancellation of three more coal blocks

  If the recommendations of the inter-ministerial group are accepted by the Coal Ministry, the number of blocks cancelled for insufficient progress would go up to seven.

• Allottees blame states for delay in coal mine development

  Almost all the eight coal block allottees, who appeared before the inter-ministerial group to furnish reasons for the delay in developing mines today, blamed states for procrastinating on giving clearances.

• Coalgate: IMG day one,10 allottees explain reasons

  The 10 allottees including Monnet Ispat, Electrosteel, Usha Martin, Adhunik Alloys and Power, Neelachal Iron & Steel, Wani Coalfield, Jharkhand Ispat, Jayaswal Neco and Cororate Ispat presented their side of the story for the delay in developing mines before the panel.

• Tata Sponge, Tinplate Co shares soar on Tata Steel offer

  Tata Steel has proposed to hike its stake in its group firms - Tata Sponge Iron and The Tinplate Company.