Tata Steel
Tata Steel plunges to Rs1,168-cr Q4 loss on UK pension deal
17 May 2017
Tata Steel’s losses come at a time when all other major steel makers in India have reported profits
Thyssenkrupp workers erupt in protest over Tata Steel merger
04 May 2017
Thousands of Thyssenkrupp steelworkers have protested against the German industrial group's plan to merge its European steel operations with those of Tata Steel
Tata Steel UK completes sale of Specialty Steels business to Liberty House
03 May 2017
The specialty steels division is one of the world's biggest suppliers to the aerospace industry, with customers that include Rolls-Royce, Boeing and Airbus, and the automotive and oil and gas industries
Tata Steel may call off merger plans with Thyssenkrupp: report
06 Mar 2017
Tata Steel, which is trying to sort out its £15-billion British pensions puzzle, would be sinking into deeper waters with the merger, says the report
Tata Steel UK workers accept company’s rescue proposal
16 Feb 2017
Tata Steel UK workers have voted in favour of proposals to de-risk the struggling business of an unsustainable pension plan, potentially saving 8,000 jobs, although with reductions to their pension benefits
Tata Steel UK to sell Speciality Steels division to Liberty House for $126 mn
10 Feb 2017
The Speciality Steels division is one of the world's biggest suppliers for the aerospace industry, with customers that include Rolls-Royce, Boeing and Airbus, and the automotive and oil and gas industries
Tata Steel to acquire Brahmani River Pellets for Rs900 cr
24 Dec 2016
Tata Steel will acquire 100-per cent stake in Brahmani River Pellets in a Rs900-crore all-cash deal, in a move that would help the company secure raw material and reduce costs at its Kalinganagar steel unit in Odisha
Tata Steel UK reaches pensions agreement with trade unions
08 Dec 2016
Key to the agreement is replacing the current British Steel Pension Scheme with a “defined contribution scheme” with maximum contributions of 10 per cent from the company and six per cent from employees
Tata Steel close to deal with workers on UK plant: report
05 Dec 2016
A deal would keep the plant, which employs around 4,000 workers, running at least till 2020
Tata Steel UK to sell speciality steels business to Liberty House for £100 mn
28 Nov 2016
Tata Steel plans to keep the rest of the UK business including the strip products arm based in Port Talbot, and is in talks with ThyssenKrupp for a merger of their European steel operations
Liberty House tables $130-mn bid for Tata Steel UK’s speciality steel and pipe businesses
30 Sep 2016
Tata Steel net loss widens to Rs3,183 cr in Q1 on UK plant sale
13 Sep 2016
The company reported a Rs2,833 crore loss for the April-June 2016-17 period due to divestment of Long Steel UK Limited alone
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