Tata Steel UK biz sale

Tata Steel reaches out to 190 parties for sale of UK assets

Tata Steel Monday said it has reached out to 190 potential financial and industrial investors for selling its UK assets, while appointing Standard Chartered Bank as an additional advisor to scout for buyers in Asia and the Far East.

Apr 18, 2016, 17:30 PM IST

Tata Steel puts UK biz on block; Govt, unions hunt for options

Tata Steel has put its entire UK business on the block, putting thousands of jobs at risk amid a deepening crisis in the country's once-storied sector that the Indian conglomerate had entered nearly a decade ago with a USD 14-billion takeover with much fanfare.

Mar 30, 2016, 18:13 PM IST