Buyout group to back rival's bid for Tata's UK steel assets - Sources
Excalibur Steel, a management buyout group interested in purchasing Tata Steel`s British steelmaking operations, is ready to lend its support to rival bidder Liberty House, two industry sources told Reuters on Sunday.
May 22, 2016, 22:48 PM IST
Tata Steel confirms 7 interested buyers for UK assets
All seven have been "immediately taken forward" to the next stage of the sale process, which involves inputs from the UK government, the firm said in a statement.
May 09, 2016, 21:49 PM IST
UK talking 'intensively' with Tata Steel: David Cameron
The British government is "talking intensively" with Tata Steel and will work with it to create a shortlist of "serious" buyers of the Indian steel giant's loss making units in the UK, Prime Minister David Cameron has said.
May 05, 2016, 21:07 PM IST
Tata Steek UK gets two formal bids: Know who they are!
A day after India-born businessman Sanjeev Gupta's Liberty House Group announced it had officially submitted its letter of Intent to acquire Tata Steek UK plant, another team has emerged with a bid to buy the loss-making assets.
May 04, 2016, 20:27 PM IST
India-born Sanjeev Gupta's Liberty House Group submits bid for Tata Steel UK
Metals group Liberty House confirmed on Tuesday it had formally submitted a letter of intent to buy the British assets of Tata Steel.
May 03, 2016, 23:37 PM IST
Tata manufactured pipeline deepest in Gulf of Mexico
More than 140 kms of pipeline manufactured by Tata Steel has achieved an industry first by becoming the deepest to be laid in the Mexican section of the Gulf of Mexico.
May 03, 2016, 15:15 PM IST
India-born Sanjeev Gupta's Liberty House to bid for Tata Steel's UK operations
Metals major Liberty House, founded by India-born industrialist Sanjiv Kumar Gupta will formally bid for the UK assets of Tata Steel, which are on the block after Tatas suffered nearly USD 3 billion in losses thus far.
May 03, 2016, 09:13 AM IST
India-born Sanjeev Gupta's Liberty House to bid for Tata Steel UK on Tuesday
Metals major Liberty House, founded by India-born industrialist Sanjiv Kumar Gupta, confirmed on Monday that it will formally bid for the UK assets of Tata Steel, which are on the block after Tatas suffered nearly $3 billion in losses thus far.
May 02, 2016, 15:48 PM IST
Tata Group mulling over plan to launch wearables for yoga practioners, factory workers
The 48-year-old Tata conglomerate is mulling over a plan to add new products to its extended list. In the latest, the group is planning to develop wearables and wrist devices for two very large markets namely: yoga practitioners and factory workers.
Apr 29, 2016, 20:15 PM IST
UK government to buy 25% stake in Tata Steel
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Apr 21, 2016, 21:33 PM IST
Britain to take 25% stake in Tata Steel UK to support sale
The UK government is all set to buy a minority stake in the Tata Steel's UK business to support the sale
Apr 21, 2016, 19:03 PM IST
Tata Steel UK staff to bid for Welsh business
Tata Steel UK's senior staff are believed to be finalising plans to bid for a management buyout of the Indian group's troubled Welsh steelworks.
Apr 20, 2016, 17:05 PM IST
Tata Steel appoints StanChart for UK unit sale
Tata Steel Europe said on Monday it had asked Standard Chartered to work as an adviser alongside KPMG to look for interested buyers. The bank has links with Tata Group in India and is expected to be tasked with finding possible suitors in Asia, especially among Chinese steel producers.
Apr 18, 2016, 22:02 PM IST
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
SHOCKING! Woman orders chilli paneer but instead finds condom inside her food box
What was more shocking is the fact that the delivery boy had refused to take it back, saying that she ate from the packet.
Apr 17, 2016, 12:46 PM IST
Tata Steel rolls out carpooling platform for employees
Private steel major Tata Steel has rolled out a secure carpooling platform for its employees.
Apr 17, 2016, 01:59 AM IST
Tata Steel working with StanChart for UK unit sale
Tata Steel Ltd has hired a team of Standard Chartered Plc bankers to help sell its loss-making UK business amid Britain`s attempt to prevent the closure of one of it`s biggest manufacturing operations, a source familiar with the matter said.
Apr 16, 2016, 16:58 PM IST
Sale of long products business won't lower Tata Steel's debt: S&P
Tata Steel's move to sell its long products business will reduce the cash losses of one of the world's largest steelmakers, but would not lower its debt, Standard & Poor's Ratings Services said on Thursday
Apr 14, 2016, 14:40 PM IST
UK govt prevented immediate closure of Tata Steel's Wales unit
The UK government has secured a "reprieve" from Tata Steel to save thousands of jobs at its loss-making Port Talbot steelworks in Wales, UK business secretary Sajid Javid told the Parliament Tuesday.
Apr 12, 2016, 22:10 PM IST
Ind-Ra puts Tata Steel on rating watch post biz restructuring
India Ratings and Research has placed Tata Steel on 'rating watch' following its announcement of restructuring European operations.
Apr 12, 2016, 13:35 PM IST
