Tata Steel, Indian Hotels say financial statements accurate
Two Tata group companies, Tata Steel Ltd and Indian Hotels Co on Thursday said their financial statements present a true and fair value of their respective companies, in response to stock exchange requests for clarification.
Oct 27, 2016, 14:43 PM ISTTata Steel may be close to pension deal: Report
Indian steel giant Tata Steel is believed to be edging closer to striking a new deal over the 15-billion-pound pension pot that stands in the way of an agreement over of its UK steelworks, according to a media report on Sunday.
Oct 09, 2016, 17:11 PM IST'Rise in coking coal prices may impact Tata Steel's profits'
A sharp rise in coking coal prices globally can bring the profitability of Tata Steel (TSL) under pressure, Fitch Ratings said today.
Sep 30, 2016, 18:34 PM ISTTata Steel plans 2nd phase expansion of Kalinganagar plant
Tata Steel is planning to initiate second phase expansion at Kalinganagar plant in Odisha to double its capacity to 6 mtpa, but has no proposal to set up another green-field steel plant in immediate future.
Sep 29, 2016, 15:40 PM ISTTata Steel to resolve the pension dispute in UK
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Sep 26, 2016, 13:32 PM ISTTata Steel Q1 loss widens 10-fold to Rs. 3,183 crore, EBITDA up 21%
Tata Steel started off the financial year 2016-17 on a weak note with the consolidated quarterly loss widening 10-fold to Rs. 3,183 crore compared with Rs. 317 crore in same period last fiscal, dented by discontinued operations (include sale of Scunthorpe assets to Greybull Capital).
Sep 13, 2016, 14:58 PM ISTTata Steel talking to more firms to revive European operations
Tata Steel today reiterated it has "widened its conversation" to a more strategic play in the European market and is talking to several players, including the German giant Thyssenkrup, but refused to share more details on future plans.
Aug 12, 2016, 23:55 PM ISTIIT Kharagpur team wins Tata Steel's Mind over Matter
The 6 month-long programme culminated with the Grand finale held here Friday where a total of five teams presented their innovation ideas before the jury.
Jul 16, 2016, 00:25 AM ISTThyssenKrupp defends merger talks with Tata Steel in Europe
German conglomerate ThyssenKrupp on Saturday defended merger talks with Indian rival Tata Steel saying the consolidation of the sector in Europe was necessary due to the "difficult economic situation".
Jul 10, 2016, 10:10 AM ISTTata Steel pauses sale of UK assets on Brexit uncertainty, looks for partner
The firm said on Friday the June 23 referendum, when Britons voted to leave the European Union, and issues around the pension scheme had prompted a rethink.
Jul 09, 2016, 04:45 AM ISTTata Steel pauses sale of UK assets on Brexit uncertainty, looks for partner
Tata Steel has put the process of selling its major British assets on hold because of the uncertainty caused by the Brexit vote and also surrounding pension liabilities and will now also look at forming a joint venture, the company said.
Jul 08, 2016, 23:00 PM ISTKey reasons for investing in Tata steel and IDFC
IDFC is currently trading at 51.30 with the rise of 2.81%.
Jul 08, 2016, 16:14 PM ISTLiberty to bid for Tata Steel units, Port Talbot sale on ice: Source
Liberty House Group plans to bid for two units of Tata Steel`s British business - specialty steels and pipeline tubes - which operate independently of its Port Talbot plant and related assets that were put up for sale earlier this year, an industry source told Reuters.
Jul 07, 2016, 21:37 PM ISTTata Steel to further delay decision over UK Port Talbot plant
Tata Steel will announce the sale of some of its speciality businesses in Britain but further delay a decision on the future of its Port Talbot plant, which it put up for sale earlier this year, the BBC reported.
Jul 07, 2016, 12:36 PM ISTTata may freeze auction of steelworks to assess the fallout of Brexit: Report
In order to assess the fallout of the Brexit vote, Tata Steel is set to freese auction of its steelworks in the UK.
Jul 03, 2016, 18:45 PM ISTTop 10 stocks to be on radar post Brexit
Here are 10 stocks which should be carefully monitored post Brexit.
Jun 25, 2016, 20:21 PM ISTTata Steel close to deal to keep UK business: Reports
London: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 media reports said on Friday.
Jun 03, 2016, 17:15 PM ISTTata Steel UK completes sale of long products biz to Greybull
New Delhi: Tata Steel on Wednesday said it has completed sale of its European long steel business, including the giant Scunthorpe plant, to Greybull Capital LLP.
Jun 01, 2016, 11:56 AM ISTUK plans unique pensions deal for Tata Steel UK
Seeking to overcome the biggest stumbling block in securing a deal for Tata Steel, the UK government today unveiled a unique pensions compromise scheme to secure the sale of the Indian conglomerate's loss making UK assets and save thousands of jobs.
May 26, 2016, 19:23 PM ISTTata Steel says yet to shortlist bidder for UK plant
Earlier this month, Tata Steel Europne announced that it had received seven expressions of interest to acquire the firm's UK ailing business.
May 25, 2016, 20:44 PM IST