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Tata Steel set for pension talks with trade unions in UK

Sep 26, 2016

Tata Steel set for pension talks with trade unions in UK

The British Steel Pension scheme is in huge deficit and Tata and ThyssenKrupp are reluctant to saddle their new joint venture with the pensions of 130,000 retired and working members. #Tata Steel #David Cameron #trade union #Theresa May #British Steel Pension Scheme #ThyssenKrupp #UK Pensions Acts
Tata group chairman Cyrus Mistry says wouldn't hesitate to prune portfolios of cos

Sep 14, 2016

Tata group chairman Cyrus Mistry says wouldn't hesitate to prune portfolios of cos

"We have to start taking bolder steps because true value in today's environment will not only be created from incremental innovation, but the bolder and bigger strides that we take," he said #Tata Steel #Tata Motors #NewsTracker #Ratan Tata #Tata Group Chairman Cyrus Mistry #pruning portfolio #bolder decisions
Tata Steel reports $477 million Q1 loss on Europe plant sale

Sep 13, 2016

Tata Steel reports $477 million Q1 loss on Europe plant sale

Tata Steel Ltd reported on Monday a $477 million consolidated first-quarter net loss as it sold a business in Europe, and said talks continued for a proposed partnership to run its European plants. #Tata Steel #NewsTracker #Net loss #Q1 #Koushik Chatterjee #Apr-Jun quarter #Greybull Capital #first quarter #Europe plant sale #Thyssenkrupp AG
Steel demand in India to outpace regional average: Moody's

Aug 17, 2016

Steel demand in India to outpace regional average: Moody's

Moody's also said the profitability of Indian steel companies such as Tata Steel and JSW Steel will outperform that of regional peers owing to rising domestic demand and Indian government's protectionist measures in the form of minimum import prices and anti-dumping duties #Tata Steel #Moody's #manufacturing #JSW Steel #Steel demand #brownfield expansion
Steel output likely to hit 127.1 mn tonnes by 2020: BMI

Aug 16, 2016

Steel output likely to hit 127.1 mn tonnes by 2020: BMI

The country's share of global steel production will accelerate from 5.8 percent in 2016 to 7.8 percent in 2020, the research firm said #Tata Steel #SAIL #Steel production #steel market
Govt plans to levy anti-dumping duty on select steel products to shield domestic firms

Aug 02, 2016

Govt plans to levy anti-dumping duty on select steel products to shield domestic firms

The anti-dumping duty will come into effect after New Delhi formally notifies the tax #Tata Steel #JSW Steel #Anti-dumping duty #steel products #steelmakers
Management buyout group Excalibur says still open to buying Tata's UK steel business

Jul 27, 2016

Management buyout group Excalibur says still open to buying Tata's UK steel business

Tata Steel has put the process of selling its major British assets on hold because of the uncertainty caused by the Brexit vote #Tata Steel #Brexit #Excalibur #steelmaking business
Tata Steel mulls raising Rs 10,000 cr via private placement

Jul 18, 2016

Tata Steel mulls raising Rs 10,000 cr via private placement

The firm will approach its shareholders at its annual general meeting scheduled for next month #Tata Steel #fund raising #NCDs
UK govt says may still buy a stake in Port Talbot after Tata holds back sale

Jul 11, 2016

UK govt says may still buy a stake in Port Talbot after Tata holds back sale

Tata Steel said on Friday it had put the process of selling its major British assets on hold because of the uncertainty caused by the Brexit vote #Tata Steel #UK Govt #Brexit #Port Talbot #pension liabilities