Showing posts with label Tata steel. Show all posts
Showing posts with label Tata steel. Show all posts

Thursday, October 16, 2008

Bombay Stock Exchange, Sensex, negative cues, Asian, other markets

Jamshedpur: World's sixth largest steel maker Tata Steel today said that there would be no job cuts in the company following the global financial turmoil.
"Tata Steel has faced such a situation in the past boldly and will face the global financial crisis this time as well. It has prepared the strategy," company's Vice-President (corporate services) Partho Sengupta told said.
Tata Steel would continue to be the largest producer of steel in the world, he said on the sidelines of a function organised by the Jharkhand cricket academy.
To a query about the sliding steel prices, he said it was a global phenomena.
Soruce: www.mid-day.com