Tata Steel
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British govt pledges support for crisis-hit Tata Steel’s Port Talbot plant
Apr 04, 2016, 10:39 AM ISTThe British Government on Sunday pledged its support for steel plants facing a crisis in the country, saying it is ready to support a buyer to save the Port Talbot plant which is facing closure after the Indian giant Tata Steel decided to sell its lo
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David Cameron likely to raise Tata Steel issue with PM Modi in US
Mar 31, 2016, 03:26 PM ISTThe sudden announcement by Tata Steel that it could sell its UK units has left the British government worried with speculation that Prime Minister David Cameron may take up the issue with Indian Prime Minister Narendra Modi when they meet in Washingt
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Tata Steel decides to exit UK, Cameron calls emergency meeting to discuss matter
Mar 31, 2016, 02:21 PM ISTLondon: Tata Steel’s decision to put up its entire UK business for sale has put thousands of jobs at risk and also pushed the government into a tizzy. British Prime Minister David Cameron is likely to call for an emergency meeting on Thursday
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Tata Steel puts entire UK Business up for sale
Mar 30, 2016, 11:53 AM ISTMumbai: Tata Steel is mulling to the sale its entire UK business to stem heavy losses, a move after almost a decade-long unsuccessful foray into Britain. In a statement issued in early hours of Wednesday
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Tata Steel to lay off 1,200 in UK, blames cheap Chinese steel imports
Oct 20, 2015, 05:53 PM ISTLondon: Manufacturer Tata Steel announced 1,200 job cuts in the U.K. on Tuesday, underscoring the damage caused by cheap Chinese imports and throwing a shroud over a state visit by Chinese President Xi Jinping designed
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UK unions call off scheduled strike at Tata Steel
Jun 20, 2015, 12:33 PM ISTLondon: UK trade unions on Friday suspended the strike action scheduled for June 22 after a new pension offer from Tata Steel UK, which keeps British Steel Pension Scheme (BSPS) open.Earlier this week, Community, Unite,
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10 start-ups in which Ratan Tata made investment
Jun 06, 2015, 02:58 PM ISTA successful entrepreneur is the one who sees the future before everyone else. Ratan Tata, is a forward- looking entrepreneur of India whose unmatchable vision and excellent business skills has made him a pioneer in
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Tata Steel achieves 10 MTPA production milestone
Mar 28, 2015, 07:17 AM ISTJamshedpur:Private steel major Tata Steel achieved a milestone by becoming the first Indian steel plant to produce 10 million tonnes per annum (MTPA) of hot metal from a single location."It is a significant achievement in
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Wipro, Tata Steel,Tata Power in 'World's Most Ethical Companies' list
Mar 09, 2015, 08:21 PM ISTNew Delhi: Three Indian companies Wipro, TataSteel and Tata Power have been named among the World's Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of righteous business
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Coins by Modi to honor "Father of Indian Industry"
Jan 05, 2015, 06:21 PM ISTNew Delhi: Prime Minister Narendra Modi has recently announced minting of commemorative coins of Jamsetji Nusserwanji Tata in order to mark his 175th birth anniversary.The purpose behind extravagance is, actually, to stimulate Indian businesses for
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Mining of iron ore from Noamundi in couple of days: Tata Steel
India | Jan 01, 2015, 04:30 PM ISTJamshedpur: A day after Jharkhand government's assurance to initiate steps to renew Tata Steel's iron-ore mine, the company today expressed the hope that mining activities would be resumed in a couple of days. “There are
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Tata Steel to resume mining in Jharkhand in 2-3 days
Jan 01, 2015, 04:34 PM ISTJamshedpur: A day after Jharkhand Government's assurance to initiate steps to renew Tata Steel's iron ore mine, the company today expressed hope that mining activities would be resumed in a couple of days.“There are some
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Iron ore shortage to impact profitability: Tata Steel
Dec 30, 2014, 01:17 PM ISTNew Delhi: Tata Steel on Monday said suspension of a blast furnace for over a month at its Jamshedpur facility for want of iron ore impacted production and profitability in the current quarter.The company has
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Tata Steel honoured for corporate governance
Dec 20, 2014, 02:03 PM ISTJamshedpur: Private steel major Tata Steel was conferred the prestigious Certificate of Recognition by the Institute of Companies Secretaries of India (ICSI) for its excellence in corporate governance.The steel giant, chosen among the top 5
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Tata Steel is buying iron ore for first time in its history
Dec 07, 2014, 03:57 PM ISTNew Delhi: Facing iron ore crunch for the first time in its over 100 years of history, Tata Steel is now operating its 9.7 million tonnes per annum facility in Jamshedpur with raw material bought
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Kalinganagar project to be ready by March 2015: Tata Steel MD
Nov 16, 2014, 07:59 AM ISTJamshedpur: Tata Steel's greenfield plant at Kalinganagar in Odisha is on track to start production by March 2015, the company's Managing Director (India and South East Asia) TV Narendran said.With work going on at a
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Tata Steel Q2 profit rises 37% on one-off gains
Nov 12, 2014, 05:02 PM ISTMumbai: Tata Steel today reported 37 per cent rise in consolidated net profit to Rs. 1,254.33 crore for the July-September quarter mainly on account of proceeds from land sale worth Rs. 1,146.86 crore.The world's 11th
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Tata Steel's recent plans credit positive: Moody's
Oct 20, 2014, 02:39 PM ISTNew Delhi: Tata Steel's decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody's Investors Service said today.“The sale would
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Tata steel rallies over 2% on talks to sell long steel business in Europe
Oct 16, 2014, 10:46 AM ISTNew Delhi: Tata Steel jumped as much as 2.6 per cent in trade on Thursday, after media reports suggested that the steel major has initiated talks with the Klesch Group, to undertake "detailed due diligence
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Tata Steel plans to sell UK division to Klesch Group
Oct 15, 2014, 05:26 PM ISTNew Delhi: Indian steel giant Tata Steel today said it is planning to sell its Long Products division in Europe to Swiss-based Klesch Group and focus mainly on strip products activities. The company, which employs