Q3 loss was expected due to Europe crisis, raw material price rise: Tata Steel

  • 8:02
  • Published On: February 10, 2012
Cinema View
Embed
HM Nerurkar, MD of Tata Steel (India) and Karl-Ulrich Kohler, MD & CEO of Tata Steel Europe spoke about the company's Q3 figures which saw a loss of Rs 603 crore. They said that they expected the loss on account of a market squeeze due to higher raw material cost and pricing mechanism. However, India business saw a very good quarter, Nerurkar said.

Related Videos

Grandmaster R Praggnanandhaa Beats World Champion Ding Liren In Tata Steel Masters, Becomes Top Ranked Indian Chess Player
January 17, 2024 0:14
Ultimate Showdown, Steel-A-Thon Season X Reaches Its Climax
November 25, 2023 17:15
HL Indices Tumble. Nifty Below 19,300
October 23, 2023 9:30
Tata Steel's Q4 Revenue, Net Profit Declines And Other Top Stories On 'Let's Talk Business'
May 04, 2023 10:38
"Infrastructure Has A Multiplier Effect": Tata Steel CEO TV Narendran On Budget 2023
February 01, 2023 2:30
'Digitization, Unicorns Attracting Investors To India': Tata Steel Managing Director
May 26, 2022 4:11
Sensex, Nifty Snap Three-Day Record-Breaking Streak On Profit Booking
September 01, 2021 6:40
"We Are Not Villains": India Inc
February 12, 2021 5:09
Is Demonising Corporates Good Politics?
February 12, 2021 49:40
Public War Over Private Sector: India Inc Weighs In
February 12, 2021 15:34
False Narrative That Centre Only For Corporates, Says Finance Minister
February 12, 2021 3:20
Corporates, Kisan, Commotion: PM Modi vs Rahul Gandhi On Farm laws
February 11, 2021 26:09
  • The Biggest Stories Of January 19, 2025
    January 19, 2025 22:06

    The Biggest Stories Of January 19, 2025

  • Countdown to Trump 2.0: Historic Inauguration and Global Expectations
    January 19, 2025 13:19

    Countdown to Trump 2.0: Historic Inauguration and Global Expectations

  • Trump 2.0: A Crucial Crossroads For India-US Relations
    January 19, 2025 3:42

    Trump 2.0: A Crucial Crossroads For India-US Relations

  • Trump's Historic Second Inauguration At Capitol: Star-Studded Victory Rally Today
    January 19, 2025 5:23

    Trump's Historic Second Inauguration At Capitol: Star-Studded Victory Rally Today

  • Hamas Hands Over First Israeli Hostages As Gaza Truce Begins
    January 19, 2025 1:29

    Hamas Hands Over First Israeli Hostages As Gaza Truce Begins

  • IIT Baba Abhay Singh's Dance At Maha Kumbh Goes Viral
    January 19, 2025 0:48

    IIT Baba Abhay Singh's Dance At Maha Kumbh Goes Viral

  • Neeraj Chopra Marriage | "Bound By Love...": Double Olympic Medallist Neeraj Chopra Now Married
    January 19, 2025 0:19

    Neeraj Chopra Marriage | "Bound By Love...": Double Olympic Medallist Neeraj Chopra Now Married

  • Case Against Rahul Gandhi Over 'Fighting Indian State' Remark
    January 19, 2025 1:46

    Case Against Rahul Gandhi Over 'Fighting Indian State' Remark

  • Saif Ali Khan Attacked : Attacker Gets 5-Day Police Custody, Tells Court He's Being Framed
    January 19, 2025 2:30

    Saif Ali Khan Attacked : Attacker Gets 5-Day Police Custody, Tells Court He's Being Framed

  • Saif Ali Khan Stabbing Case Stirs Politics
    January 19, 2025 2:50

    Saif Ali Khan Stabbing Case Stirs Politics

  • "India Will Be 20% Of Global Growth In A Few Years": WEF Chief To NDTV At Davos
    January 19, 2025 11:29

    "India Will Be 20% Of Global Growth In A Few Years": WEF Chief To NDTV At Davos

  • Israel Gaza Conflict | Hamas Releases Three Hostages As Gaza Ceasefire Begins
    January 19, 2025 1:18

    Israel Gaza Conflict | Hamas Releases Three Hostages As Gaza Ceasefire Begins

  • What's Next For Fusion Power And AI? 3 Business Leaders Explain At Davos
    January 19, 2025 8:06

    What's Next For Fusion Power And AI? 3 Business Leaders Explain At Davos

  • Donald Trump's Inauguration Celebrations Kick Off
    January 19, 2025 5:46

    Donald Trump's Inauguration Celebrations Kick Off

  • AAP vs BJP: Alleged Attack On Kejriwal Sparks Political War
    January 19, 2025 3:42

    AAP vs BJP: Alleged Attack On Kejriwal Sparks Political War

  • "The Reality Is...": NCP's Ajit Pawar On Saif Ali Khan Attacker
    January 19, 2025 1:37

    "The Reality Is...": NCP's Ajit Pawar On Saif Ali Khan Attacker

  • Man Accused In Saif's Attack Slept At Bandra Bus Stop After Incident: Police
    January 19, 2025 17:17

    Man Accused In Saif's Attack Slept At Bandra Bus Stop After Incident: Police

  • Manu Bhaker Mourns Family Tragedy After Road Accident Claims Two Lives
    January 19, 2025 0:23

    Manu Bhaker Mourns Family Tragedy After Road Accident Claims Two Lives

  • Road Accident Claims Lives Of Manu Bhaker's Maternal Uncle and Grandmother
    January 19, 2025 1:23

    Road Accident Claims Lives Of Manu Bhaker's Maternal Uncle and Grandmother

  • Saif Ali Khan News | 'Didn't Know He Was Hiding...': Neighbour Shares Details About Saif's Attacker
    January 19, 2025 0:46

    Saif Ali Khan News | 'Didn't Know He Was Hiding...': Neighbour Shares Details About Saif's Attacker

  • Adani Group And Gita Press Distribute Free 'Aarti Sangrah' At Maha Kumbh
    January 19, 2025 0:58

    Adani Group And Gita Press Distribute Free 'Aarti Sangrah' At Maha Kumbh