Tata Steel Europe
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Tata Steel Europe locks horns with union over 3,000 job cuts; company says move to ensure long-term future
•Tata Steel Europe said on Wednesday it had begun talks with its workers on a “transformation programme” that involves up to 3,000 job cuts, prompting an angry response from union leaders who said the plan needed to be revised
Tata Steel plans to cut up to 3,000 jobs across European operations; two-thirds losses expected to be office-based roles
•Tata Steel's quest to boost profitability follows a European anti-trust decision to block a joint venture with Germany's Thyssenkrupp
Improvement in sentiment during festive season expected to trigger pick-up in consumption, steel demand: Tata Steel
•Tata Steel India recorded an output of 4.50 million tonne (MT) in the second quarter as against 4.30 MT in the corresponding quarter of the previous financial year
Tata Steel's Q1 consolidated steel output grows 9% to 7.61 MT, production in India up 20% YoY
•In India, the company said that liquidity issues in the NBFC and banking sector along with rural stress have negatively impacted sentiments
Tata Steel says European Commission against merger with Germany's Thyssenkrupp
•Tata Steel Group on Friday said the proposed merger of its European operations with Thyssenkrupp of Germany has hit a roadblock after the European Commission has raised many objections to the deal
Tata Steel shares tank over 6% as co's Thyssenkrupp deal faces regulatory hurdles in Europe; m-cap falls by Rs 6,648 cr
•Shares of Tata Steel plunged over 6 percent on Friday amid reports that the company's proposed deal with German major ThyssenKrupp might face regulatory hurdles in Europe
Tata Steel announces vision to combat growing housing crisis in UK; country needs 3.1 mn new social homes by 2040
•A white paper published on Monday in partnership with the Agile Ageing Alliance recommends a fundamental shift in the way housing development is considered in the UK.
Full text: Cyrus Mistry to appeal against NCLT order; terms ruling as 'disappointing, not surprising'
•Ousted Tata Sons chairman Cyrus Mistry today said he would appeal against the order of National Company Law Tribunal (NCLT) that dismissed pleas challenging his removal.
Tata Steel Europe-Thyssenkrupp merger to cut costs, consolidate European steel sector: Moody's
•While the Tata-Thyssenkrupp deal is potentially capable of delivering the largest synergies to the tune of 400-600 million euros initially, ArcelorMittal is aiming to make over 300 million euros from the Ilva deal
Tata Steel reports Q4 consolidated net profit of Rs 14,688 crore; company bullish on steel prices
•Domestic steel giant Tata Steel on Wednesday reported a consolidated net profit of Rs 14,688.02 crore for the fourth quarter ended 31 March, 2018.