Tata Steel
-
After Tata Steel, Nusli Wadia voted out from Tata Motors
Dec 23, 2016, 09:33 AM ISTA day after his removal from the Tata Steel’s board, over 71 per cent shareholders of Tata Motors voted out Nusli Wadia as the Independent director of the company.
-
Tata Steel shareholders vote favouring removal of Nusli Wadia as Independent Director
Dec 22, 2016, 08:52 AM ISTIndustrialist Nusli Wadia has been removed as an Independent Director of Tata Steel with more than 90 per cent of the shareholders voting against him.
-
Tata Steel commits 10-year investment plan for UK
Dec 08, 2016, 12:05 AM ISTIndian giant Tata Steel today pledged to stay in Britain with a 10-year commitment to a one-billion-pound (Rs 8500 crore) investment plan to support steelmaking at its UK plants.
-
Ousted Cyrus Mistry likely to address Tata Steel's EGM
Nov 26, 2016, 09:26 PM ISTOusted Tata Steel Chairman Cyrus Mistry is likely to address the shareholders at the extraordinary general meeting (EGM) convened on December 21, the company said today. "Cyrus P. Mistry has informed the company that he
-
After TCS, Tata Steel sacks Cyrus Mistry as chairman; OP Bhat takes over
Nov 25, 2016, 08:08 PM ISTOusted Tata Sons chief Cyrus Mistry was today shown the exit door from Tata Steel. OP Bhat, an independent director in the company, has replaced Mistry as the chairman of the steel giant. Next on
-
Tata Steel to invest Rs 875 crore in its Canadian Iron ore mines
Oct 28, 2016, 12:19 PM ISTTata Steel on Friday said it has signed agreements with Quebec government for investing Canadian dollar 175 million (nearly Rs 875 crore) to set up mining operations in Quebec Newfoundland and Labrador peninsula in Canada.
-
Tata Group Cos lose over Rs 26,000 cr in three days
Oct 27, 2016, 05:53 PM ISTAmid concerns about purported disclosure made by ousted Tata Group chairman Cyrus Mistry about huge write-down risks at some firms, the group stocks lost ground for the third day today taking the total market value erosion to over Rs 26,000 crore thi
-
Cyrus Mistry's ouster may be 'good news' for Tata Steel's UK ops: British media
Oct 25, 2016, 06:20 PM ISTTata Group's decision to oust its chairman Cyrus Mistry on Monday has been well received by the British media with speculations that it may be good news for the company's UK operations.
-
Tata Steel in talks with Thyssenkrupp and other firms to reinstate European operations
Aug 13, 2016, 03:53 PM ISTFor a more strategic play in the European market, Tata Steel is in talks with several firms, including the German industrial conglomerate Thyssenkrupp AG. The company, however, denied sharing more details on future plans.
-
Tata Steel to discontinue sale of UK assets; cost-cutting expected
Jul 08, 2016, 11:51 PM ISTNew Delhi: Tata Steel today withdrew the sale of their UK assets and is likely to drop costs by 100 million pounds, said the company. British Business Secretary Sajid Javid today met Tata Sons chairman
-
Tata Steel close to deal to keep UK business: Reports
Jun 03, 2016, 06:48 PM ISTLondon: Tata Steel is believed to be close to striking a deal with the UK government to keep its British steelworks rather than sell it off, which would secure the future of 11,000 workers, UK
-
Tata Steel UK completes sale of loss making long products business to Greybull
Jun 01, 2016, 03:20 PM ISTIndian conglomerate Tata Steel today said that it has completed the sale of its loss making long products business to Greybull Capital. The company, however, didn’t disclose the deal amount fixed with the British-based family investment firm.
-
Tata Steel mulls retaining loss-making assets in Britain
May 26, 2016, 08:27 AM ISTIndian conglomerate Tata Steel, which had set a deadline of Monday afternoon for final bids for its British steel operations, on Wednesday said that it has not reached a decision on shortlisting any of the seven bidders for selling its loss making op
-
Tata Steel UK acquisition talks only exploratory: JSW Steel
May 19, 2016, 03:24 PM ISTMumbai: The Sajjan Jindal-led JSW Steel is not going to jump the gun on its buying interest in troubled Tata Steel's British assets, saying talks are at an exploratory stage only, and it will be
-
Sajjan Jindal’s JSW in race to buy Tata Steel’s UK plants
May 11, 2016, 08:10 AM ISTSajjan Jindal-led JSW Steel is in the fray to acquire Tata Steel's loss-making business in the UK.
-
Tata group doubles published patents in 2 years to 7,000
May 04, 2016, 04:42 PM ISTNew Delhi: Tata group on Wednesday said it has doubled its published patents in two years to about 7,000 at the end of 2015. At the end of calendar year 2013, the conglomerate which has
-
Liberty House formally submits bid for acquiring Tata Steel assets in UK
May 04, 2016, 08:52 AM ISTMetals major Liberty House, founded by Indian-born industrialist Sanjeev Kumar Gupta, has formally submitted its bid for acquiring most of the UK assets of Tata Steel, that has suffered nearly $3 billion in losses thus far.
-
We cannot continue to bleed, find a buyer soon, Tata Steel CEO tells UK MPs
Apr 29, 2016, 07:34 AM ISTTata Steel UK's chief executive Bimlendra Jha has told a British Parliamentary Committee that the Indian conglomerate ‘cannot continue to bleed’ from its loss making steel units in the country and that the British government needs to do more to help
-
Tata Steel commences UK business sale process, sells long products units to Greybull
Apr 11, 2016, 07:04 PM ISTLondon: Tata Steel today announced an agreement to sell its long products Europe business to investment firm Greybull Capital for a "nominal" consideration. The long products Europe business employs 4,800 people -- 4,400 in the
-
Britain’s Serious Fraud Office investigating Tata Steel UK: Report
Apr 08, 2016, 04:31 PM ISTa news report today claimed that Britain’s Serious Fraud Office(SFO) has launched a probe into the operations of India’s biggest steel player over allegations of fraud in the UK.