Tata Steel

Tata to decide fate of its two UK steel plants this week

At least 18,000 jobs in the UK may become redundant if Tata Steel decide to ditch two of their loss making plants at a board meeting on Tuesday

Mar 27, 2016, 20:30 PM IST

Tata Steel Agrees To Sell Clydebridge And Dalzell Plants

Tata Steel is still negotiating the potential sale of the rest of its Long Products Europe business to Greybull Capital.

Mar 25, 2016, 11:40 AM IST

Tata Steel expects 20Kcr investment in Gopalpur SEZ

 Tata Steel is in discussion with foreign companies for investments up to Rs 20,000 crore in heavy industries over the next five years at its Special Economic Zone (SEZ) project at Gopalpur in Odisha.

Mar 19, 2016, 22:27 PM IST

Tatas expect FY16 defence revenue to grow 7.5% to Rs 2,650 crore

Diversified Tata Group today said it expects to close fiscal 2016 with a 7.5 percent growth in revenue from the defence and aerospace sector at Rs 2,650 crore and with the government focusing on localising the sourcing, it affirmed the commitment to invest in the space

Mar 16, 2016, 18:17 PM IST

Tata Steel Europe CEO Karl Koehler quits; CTO Hans Fischer to succeed

Koehler, who was appointed as CEO and Managing Director of Tata Steel Europe in October 1, 2010, will also step down as the member of the Tata Steel's Board of Directors.

Feb 24, 2016, 20:19 PM IST

Tata Steel SEZ to invest over Rs 2,000 cr in developing infra

The SEZ, which is a 100 percent subsidiary of Tata Steel, has received clearance from Odisha government for setting up an industrial park.

Feb 14, 2016, 20:38 PM IST

Moody's downgrades Tata Steel credit rating; says outlook negative

Global agency Moody's Thursday downgraded credit ratings of Tata Steel on a weaker than expected operating performance in its key operating markets of India, Europe and Southeast Asia on account of persistently weak steel prices.

Feb 11, 2016, 18:33 PM IST

Tata Steel dips into red; posts loss of Rs 2,127.23 crore for Q3

Tata Steel Thursday reported a consolidated net loss of Rs 2,127.23 crore for the quarter ended December 31, 2015 hit by subdued demand in India as well as higher regulatory costs and a strong British pound.

Feb 04, 2016, 21:11 PM IST

Advice on NELCO, Tata Steel and Rushil Decor

Advice on NELCO, Tata Steel and Rushil Decor

Jan 19, 2016, 12:37 PM IST

Tata Steel to cut hundreds of jobs at Welsh unit

Tata Steel is expected to announce hundreds of job cuts at its Port Talbot plant in Wales in a statement to the Indian Stock Exchange in Mumbai as early as next week, according to a British media report.

Jan 16, 2016, 15:43 PM IST

S&P downgrades Tata Steel to 'BB-' on weak operating performance

Rating agency Standard & Poor's (S&P) Wednesday downgraded steel major Tata Steel to 'BB-', a low investment grade rating, over persistent subdued operating performance amid subdued demand and low steel prices.

Jan 13, 2016, 21:50 PM IST

Tata Steel's workers in Scotland get new package

A number of key employees at Indian steel giant Tata Steel's two Scottish plants on the verge of closure will be retained on a 60 percent salary as part of a new 195,000-pounds government support package, the Scottish government announced Saturday.

Jan 02, 2016, 20:29 PM IST

Fortune top 10 Indian compaines in 2015

Indian Oil Corporation has maintained its number one position followed by Reliance Industries in terms of revenue for the sixth consecutive year in the list of Fortune 500 Indian companies 2015.

Dec 24, 2015, 15:04 PM IST

Tata Steel in talks to sell struggling UK assets

Tata Steel is in talks with investment firm Greybull Capital to sell its struggling Long Products Europe business in the UK, the Indian steel giant said Tuesday.

 

Dec 22, 2015, 21:17 PM IST

Tata Steel may be nearing a deal on UK plant

It is estimated that hundreds of millions of pounds will be needed to revive the business.

Dec 06, 2015, 21:12 PM IST

See what JLR workers in Britain have written to Cyrus Mistry

Tata's UK steel plants are thought to be the largest suppliers of steel to JLR.

Dec 04, 2015, 20:52 PM IST

Tata Steel Singapore arm executes $1.5 bn pacts to refinance debt

The proceeds will be used to repay existing term loan facilities in TSGH.

Dec 02, 2015, 16:13 PM IST

16 injured in explosion in Tata Steel plant in Jharkhand

At least 16 contractual labourers were injured when an ammonia scrubber blew up during maintenance work in the Coke Plant of Tata Steel.

Nov 16, 2015, 15:25 PM IST

Green nod for Tata Steel's Rs 185 crore expansion projects in Odisha

Tata Steel has received green nod for expansion as well as setting up of two units at its Joda plant in Keonjhar district, Odisha, entailing an investment of over Rs 185 crore.

Nov 12, 2015, 18:04 PM IST

Crisis-hit Tata Steel asks suppliers to slash prices

Amid a crisis in Britain's steel sector, Tata Steel has warned its suppliers that if they do not slash prices by up to 30 per cent in the long term then they risk losing the steel giant's business.

Nov 09, 2015, 06:43 AM IST