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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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 ISTTata 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 ISTTata 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 ISTTata 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 ISTTata 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 ISTEase 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 ISTTata 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 ISTTata 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 ISTTata 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 ISTGovt 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 ISTTata 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 ISTTata 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 ISTTata 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 ISTTata 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 ISTTata 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 ISTTata 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 ISTTalks 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