THEBUSINESSBYTES BUREAU

BHUBANESWAR, AUGUST 18, 2026

Tata Steel has added another significant accolade to its legacy of corporate excellence, emerging as the winner in the prestigious “Masters of Risk – Metals & Mining” category at the CNBC-TV18 India Risk Management Awards Season 12.

The recognition, presented on August 13, 2026, celebrates Tata Steel’s strong risk-management framework, innovative approach and leadership in navigating an increasingly complex and uncertain business environment. The award underscores the company’s ability to anticipate emerging risks, build resilience and turn uncertainty into strategic advantage.

Presented by ICICI Lombard, which is marking its 25th anniversary, and CNBC-TV18, the awards this year were anchored around the theme “AI in a Fragmented World: Strategy, Sovereignty & the New Tech Order.” The theme reflects the rapidly changing risk landscape shaped by artificial intelligence, geopolitical fragmentation, technological disruption and evolving questions around digital sovereignty.

For Tata Steel, the honour comes at a time when businesses across industries are being compelled to rethink traditional approaches to risk. From AI-led transformation and cybersecurity to business continuity and capital infrastructure, organisations are increasingly required to combine technological agility with robust governance and long-term resilience.

The “Masters of Risk – Metals & Mining” recognition highlights Tata Steel’s ability to embed risk management into strategic decision-making while maintaining operational resilience in a sector exposed to global market volatility, supply-chain pressures, technological shifts and evolving regulatory expectations.

The Season 12 awards sought to recognise small, mid-sized and large enterprises that are setting new benchmarks in specialised areas of risk management. The focus extended beyond conventional risk mitigation to honour organisations demonstrating foresight, innovation and preparedness in areas including cybersecurity, business continuity and capital infrastructure risk.

Tata Steel’s latest achievement therefore, represents more than an industry award; it reinforces the company’s positioning as an organisation that views risk management as a strategic enabler of sustainable growth. At a time when disruption is becoming a defining feature of the global business landscape, the recognition underscores the growing importance of resilience, innovation and forward-looking leadership in safeguarding enterprise value.

The award further strengthens Tata Steel’s credentials as a risk-conscious enterprise, demonstrating how disciplined risk management can support business continuity, strategic agility and long-term competitiveness in an increasingly fragmented and AI-driven world.