Home Live TV & Videos VideosVideo Player

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

Published on: Fri Feb 10, 2012 | 8 min, 2 sec

Comments (0) | Post Comments

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

12:46
Fri May 25, 2012
State govt should cut local taxes on petrol: Jaipal Reddy
05:37
Fri May 25, 2012
Rupee depreciation offset gains: Jet Airways on Q4 loss
10:40
Fri May 25, 2012
Plan to award contract to develop 9000 km in FY13: NHAI
07:46
Fri May 25, 2012
Expect execution of 14,000-15,000 MW of power: BHEL
03:51
Fri May 25, 2012
REC to raise $1bn via FCCBs; $750 mn ECB in FY13
18:33
Thu May 24, 2012
Market rallying on diesel, LPG price hike expectation; Buy SBI: Ask Investment
08:15
Thu May 24, 2012
FY13 capex at Rs 60-70 cr; order backlog at Rs 4700 cr: Alstom T&D
06:54
Thu May 24, 2012
Petrol hike inevitable; need action on diesel too: Brinda Jagirdar
09:16
Thu May 24, 2012
Hope govt hikes Diesel, LPG prices: BPCL
06:52
Thu May 24, 2012
Quantum of petrol price hike surprising; but needed to curb deficit: Hero Motocorp

MORE

Featured Videos

12:46
Fri May 25, 2012
State govt should cut local taxes on petrol: Jaipal Reddy
04:24
Fri May 25, 2012
Rupee volatility to continue, needs intervention: Kaushik Basu
54:19
Thu May 24, 2012
Is white paper on black money a damp squib?
22:43
Thu May 24, 2012
I'll never endorse something against my ideology: John Abraham
09:16
Thu May 24, 2012
Hope govt hikes Diesel, LPG prices: BPCL
06:52
Thu May 24, 2012
Quantum of petrol price hike surprising; but needed to curb deficit: Hero Motocorp
55:43
Wed May 23, 2012
Is such a steep petrol price hike justified?
19:32
Wed May 23, 2012
Even after hike, loss on petrol at Rs 1.50/Litre: Oil marketing companies
09:48
Wed May 23, 2012
Rupee will not break 57/$: Anil Manghnani
01:12
Wed May 23, 2012
See rupee in near 60/$: Jamal Mecklai
09:54
Tue May 22, 2012
If I were in UPA-II, I would not celebrate: Kiran Mazumdar Shaw
51:21
Tue May 22, 2012
Has UPA-II killed the India story?
17:30
Tue May 22, 2012
Bullish on Idea Cellular, Tata Motors, Hero Motocorp, M&M: BNP Paribas
07:35
Tue May 22, 2012
RBI has enough reserves to stop rupee slide: AV Rajwade
53:07
Mon May 21, 2012
We Mean Business: Are changes to the land bill anti-industry?
07:41
Mon May 21, 2012
Rupee breaches key psychological level of 55/$
04:36
Mon May 21, 2012
Ertiga sees over 40,000 bookings; sales not good in April, May: Maruti
14:35
Mon May 21, 2012
Q1 NIM likely to be around 3.75%: SBI chairman
08:26
Mon May 21, 2012
Q4 profit driven by commercial finance, broking: Reliance Capital
26:17
Sat May 19, 2012
Will Greece survive an exit?
51:52
Fri May 18, 2012
We Mean Business: Is Facebook really worth $100 billion?
20:33
Fri May 18, 2012
Worst is over for asset quality, says SBI Chairman Pratip Chaudhuri
09:00
Fri May 18, 2012
Bullish on Tata Motors, buy Bajaj Auto: Fortune Equity
16:48
Thu May 17, 2012
Advise a hold on rupee: FICC Capital
11:10
Thu May 17, 2012
India story strong despite weaker currency: Experts
06:03
Thu May 17, 2012
Good opportunity to rotate portfolio, go for RIL, Maruti, pharma stocks: Prakash Diwan
17:01
Thu May 17, 2012
Cannot ignore rupee fundamentals, global risk aversion strong: Economists
14:46
Wed May 16, 2012
RBI intervention only way to stop rupee's fall: Currency consultant
09:16
Wed May 16, 2012
Global markets to rally if Greece exits Eurozone: Marc Faber
06:34
Wed May 16, 2012
Rupee fall to continue, current account deficit should be lower: Rajeev Mahrotri
07:41
Wed May 16, 2012
Land acquisition to be a bigger problem in future: NTPC
01:31
Tue May 15, 2012
Introduction of retrospective tax, GAAR a tactical mistake: Adi Godrej
04:29
Tue May 15, 2012
Planning to make 36,000 vehicles in FY13-14: Ashok Leyland MD
09:59
Tue May 15, 2012
Margin expansion, Royal Enfield output growth on focus this year: Eicher Motors
04:25
Tue May 15, 2012
Greece unlikely to exit Eurozone even after June elections: Peter Cardillo
14:17
Mon May 14, 2012
April WPI higher than estimates, weaker rupee a concern: Experts
05:38
Mon May 14, 2012
Pick SBI, Axis Bank, ICICI Bank: Deven Choksey
07:11
Mon May 14, 2012
Debt should reduce, may consider equity issues to raise funds: Bhushan Steel
07:09
Mon May 14, 2012
Aim to maintain net interest margins at 3.4%: Indian Bank
26:54
Sat May 12, 2012
Gold will give decent returns, but is risky: experts
49:37
Fri May 11, 2012
We Mean Business: Is E-commerce taking off in India?
03:04
Fri May 11, 2012
Lupin Q4 sales jump 24% at Rs 1,883 crore
06:32
Fri May 11, 2012
Planning to increase book to Rs 75,000 cr by 2015: DHFL
04:26
Fri May 11, 2012
Builders have no ready inventory: Hubtown MD
26:41
Fri May 11, 2012
March IIP numbers disappointing, says experts
10:30
Fri May 11, 2012
Fiscal deficit, weak capital gains responsible for rupee’s fall: Saumitra Chaudhuri
04:56
Fri May 11, 2012
Euro to remain range-bound on Greece debt woes: Tim Riddell
03:44
Fri May 11, 2012
Fundamental issues in Greece unresolved yet: Seth Freeman
51:27
Thu May 10, 2012
We Mean Business: Is the government milking its PSUs
06:44
Thu May 10, 2012
Aiming to achieve 34-35% CASA growth: Union Bank of India

Top Viewed Videos

46:26
Mon Feb 20, 2012
A look at various tax saving routes
00:39
Wed Feb 08, 2012
Mahindra unveils new Xylo
19:47
Wed Jan 25, 2012
TCS has given exceptional results: Azim Premji
04:25
Sat Jan 07, 2012
Auto Expo 2012: Toyota unveils seat adjustment feature for differently abled
03:04
Sat Jan 07, 2012
Auto Expo 2012: A look at Chevrolet's new Captiva
07:45
Fri Jan 06, 2012
Day 2 at Auto Expo 2012
00:26
Fri Jan 06, 2012
Auto Expo 2012: Day two launches
01:49
Fri Jan 06, 2012
Want to become game changer in mobility space: Anand Mahindra
03:08
Fri Dec 16, 2011
CBR 250R is NDTV two-wheeler of the year
09:02
Tue Dec 13, 2011
'Rupee to decline further'
09:38
Tue Dec 13, 2011
2G scam: Govt clearance doesn't mean anything
18:34
Tue Dec 13, 2011
Ambit's picks: TTK Prestige, VST Inds, GSK Consumer
07:42
Fri Dec 09, 2011
Bullish on Indian markets in 2012: Citi
24:56
Thu Dec 08, 2011
Bullish on ICICI Bank, Maruti: Anand Rathi
05:55
Thu Dec 08, 2011
'Bullish on Apollo Tyres, Sun Pharma & Maruti'
17:21
Thu Dec 08, 2011
'See Nifty between 4,800 to 5,100 levels for 3 months'
10:24
Mon Dec 05, 2011
Mumbai realty prices unlikely to fall: Pirojsha Godrej
08:41
Mon Dec 05, 2011
74% FDI in cable industry on anvil?
19:44
Fri Dec 02, 2011
'See Nifty upside at 5100 levels'
02:38
Fri Dec 02, 2011
Ashoka Buildcon on NHAI order, fund raising
07:32
Fri Dec 02, 2011
Scouting for strategic partner: Spencer's
11:52
Fri Dec 02, 2011
Tech to gain, Banks to underperform: Nilesh Shah
50:08
Fri Dec 02, 2011
'Nifty likely to bottom at 4,400 levels'

MARKETS

Sensex
Nifty

Most Popular

News
Videos
Episodes

POll

Considering the mounting pressure, will the govt roll back petrol price hike?

Yes, only marginally

No

Can't say