The Indian stock market’s key indices, Sensex and Nifty, were trading almost flat in the morning session on Friday. The 30 stock S&P BSE Sensex was trading 46.97 points or 0.08 percent down at 58,719.62 points at 11.33 am against its previous day’s close at 58,766.59 points. Earlier, the Sensex started […]
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S&P raises Tata Steel rating to BB-minus on deleveraging, strong operating momentum
S&P Global Ratings on Tuesday raised its issuer credit rating on Tata Steel and its subsidiary ABJA Investment Co Pte Ltd to BB-minus from B-plus. It also raised the long-term issue ratings on senior unsecured notes issued by ABJA. S&P said the benefits of strong cash flows and management’s commitment to lower debt should help Tata Steel to materially deleverage over the next […]
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Equity indices edge lower, banking stocks in focus
Equity benchmark indices dipped marginally during early hours on Thursday amid mixed global cues with Nifty private bank lowering by 1.2 percent. At 10:15 am, the BSE S&P Sensex was down by 197 points or 0.39 per cent at 50,059 while the Nifty 50 slipped by 44 points or 0.29 per cent to 14,739. Most […]
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Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits
Taking a step to further reinforce the culture of inclusion and to enable Lesbian,Gay, Bisexual, Transgender and Queer (LGBTQ) community to have equal rights at the workplace, Tata Steel has rolled out a new Humen Resources (HR) policy that enables from the LGBTQ employees to declare their partners and avail […]