Tata Steel loss narrows 43% to ₹3,213 crore
Tata Steel on Wednesday reported a net loss of ₹3,213 crore for the quarter ended March, down 43% from ₹5,702 crore loss in the year-ago period. Total income fell 12% year-on-year to ₹29,507 crore. The loss included a reduction of ₹1,724 crore in the firm's asset value, it said. For the entire 2015-16, net loss narrowed 22% to ₹3,049 crore. 