Tata Steel

Tata Steel workers march to save Scottish plants

The workers, joined by councillors and Labour party members, are calling for action by the Scottish and UK governments to protect the steel industry and its jobs, days after Britain's biggest steelmaker announced the lay-off under a restructuring deal.

 

Nov 07, 2015, 17:50 PM IST

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Nov 05, 2015, 22:37 PM IST

Tata Steel Q2 Net up 22%; takes Rs 8,699 crore hit on UK biz

Its consolidated total income, however, fell 18 percent to Rs 29,304.69 crore in the July-September quarter this fiscal from Rs 35,777.11 crore in the same quarter of 2014-15, Tata Steel said in a BSE filing.

Nov 05, 2015, 19:11 PM IST

Tata Steel to cut around 1,200 jobs in Europe

Tata Steel will cut around 1,200 jobs in Europe, with the UK being the worst hit, under a planned restructuring to deal with "flood of cheap imports" from China and other places.

Oct 20, 2015, 17:14 PM IST

Tata Steel to shed 1,000-plus jobs in Britain: reports

Tata Steel is going to announce a lay-off of around 1200 job in its plants in the United Kingdom

 

 

Oct 17, 2015, 16:37 PM IST

Tata Steel UK's deficit in pension scheme stands at $138 mn

Tata Steel Wednesday said that its UK arm has concluded the actuarial valuation of British Steel Pension Scheme (BSPS) and the deficit in the scheme stands at about 90 million pound (around USD 138 million) as of March 2014.

Oct 07, 2015, 20:23 PM IST

Tata Steel invests Rs 22K cr in Odisha project, to start operations soon

Tata Steel is set to commission the first phase of its Kalinganagar plant, where it has invested Rs 22,000 crore so far, in the next fiscal.

Oct 04, 2015, 13:12 PM IST

Tata Steel to sell stake in Tata Motors for Rs 2,500 crore

Tata Steel plans to sell its stake in Tata Motors to Tata Sons, the promoter of major operating companies of the Tata group, and institutional investors for a sum not exceeding Rs 2,500 crore.

Sep 18, 2015, 11:16 AM IST

Ease of doing biz: Cos bat for single-window clearance

Top companies, including Tata Steel, Hindustan Unilever, ONGC and industry chambers have called for a single window clearance, simplification of regulatory mechanisms and tax structures, among others, to improve ease of doing business in India.

Aug 31, 2015, 23:10 PM IST

Tata group's revenue rises to $108.8 bn; headcount crosses 6 lakh

Top corporate house Tata group's total revenue rose by over five percent to USD 108.78 billion in the last fiscal, while its total headcount crossed six-lakh mark with IT and communications business accounting for more than half of the overall staff strength.

Aug 30, 2015, 17:55 PM IST

Tata Steel to mothball Wales plant, cut 250 jobs

The jobs are expected to go mainly at Llanwern in Newport, where its mills will stop running.

Aug 26, 2015, 21:50 PM IST

Tata Steel plans to raise Rs 1,500 cr via short-term debt notes

Tata Steel is planning to raise Rs 1,500 crore through issuance of commercial paper (CP), a short-term debt instrument.

Aug 20, 2015, 22:07 PM IST

Govt should sort out internal challenges: Tata Steel

The government should sort out internal challenges at a time when the domestic steel industry is facing challenges from China, Tata Steel Managing Director (India and South East Asia) T V Narendran said Saturday.

Aug 15, 2015, 17:13 PM IST

Tata Steel shareholders clear proposal to raise Rs 10,000 cr

In a BSE filing, the firm said its shareholders approved "further issuance of securities not exceeding Rs 10,000 crore."

Aug 13, 2015, 20:41 PM IST

Tata Steel shares trim early gains; up nearly 1% at close

Trimming most of its early gains, shares of Tata Steel ended nearly one percent higher Wednesday on profit-taking in an overall weak broader market.

Aug 12, 2015, 18:02 PM IST

Tata Steel sells 2.18% stake in Titan to Tata Sons

In a BSE filing, the Mumbai-based firm said: it "has on August 11, 2015 sold 1,93,87,920 shares (2.18 per cent) of Titan Company Ltd to Tata Sons Ltd through a market sale for a net consideration of Rs 637.46 crore."

Aug 11, 2015, 22:03 PM IST

Tata Steel Q1 Net jumps over 2-fold, sells non-core assets

The Mumbai-based steel giant had posted a net profit of Rs 337.33 crore in the corresponding quarter of last fiscal.

Aug 11, 2015, 21:37 PM IST

Tata Steel to commission Kalinganagar project by December

Kalinganagar plant is the largest single location Greenfield steel project in India. 

Aug 08, 2015, 20:49 PM IST

Tata Steel's iron ore dispatch in Jharkhand takes a hit

Tata Steel on Thursday said the stoppage of issuance of challans by the Jharkhand government has blocked the dispatch of iron ore from its Noamundi iron ore mine in the state to its steel plant in Jamshedpur.

Aug 06, 2015, 12:14 PM IST

Talks with Klesch Group discontinued: Tata Steel

Tata Steel Wednesday said talks with Switzerland-based Klesch Group for sale of its Long Products Europe business have been discontinued.

Aug 05, 2015, 23:05 PM IST