Tata Steel, RITES, Tata Chemicals Lead Today's Stock Buzz
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CNBC TV1821-12-2025, 17:01

Tata Steel, RITES, Tata Chemicals Lead Today's Stock Buzz

  • Tata Steel infused ₹1,354.94 crore into its wholly-owned foreign subsidiary, T Steel Holdings Pte Ltd.
  • RITES Ltd signed an MoU with the Botswana government for railway and transport infrastructure development.
  • Tata Chemicals' subsidiary will acquire a 100% stake in Singapore-based Novabay Pte Ltd, a sodium bicarbonate maker.
  • Granules India's Hyderabad facility completed a US FDA inspection with 5 procedural observations, no data integrity issues.
  • IHCL will sell its 25.52% stake in Taj GVK to the GVK-Bhupal family, shifting to a long-term management arrangement.

Why It Matters: Major companies like Tata Steel, RITES, and Tata Chemicals announce strategic investments and partnerships.

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