Tata Steel
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
ThyssenKrupp defends merger talks with Tata Steel
11 Jul 2016
ThyssenKrupp has defended merger talks with Tata Steel saying the consolidation of the sector in Europe was necessary due to the "difficult economic situation
Tata Steel weighs JV with Thyssenkrupp AG for UK business
09 Jul 2016
The joint venture plan is seen as an alternative to sale of Tata Steel’s UK plants and a strategy to reviving its business in the UK
Tata Steel not rushing UK sale amid bailout promise
07 Jul 2016
Tata Steel is expected to announce on Friday that it will pause on the sale of most of its UK business, as Business Minister Anna Soubry said the government's offer of financial aid is still on the table
Tata Steel’s UK sales plans hit, but may keep Port Talbot
27 Jun 2016
While most reports say buyers are re-evaluating their bids for Tata Steel’s UK operations in the wake of Brexit, a weaker sterling may help it strike a deal with the government to save the Port Talbot plant
Tata Steel close to deal to keep UK business: report
03 Jun 2016
Tata Steel is believed to be in talks to clinch a loan worth nearly 1 billion pounds and a restructuring of the British Pension Scheme after no potential bidder could guarantee keeping the plants running for more than three years, say reports
Tata completes sale of long steel business to Greybull for £1
01 Jun 2016
Tata Steel has completed the sale of its long products business to Greybull Capital, in a deal that will preserve 4,400 UK jobs and revive the British Steel name
Tata Steel pares losses; starts production at Kalinganagar plant
26 May 2016
The Kalinganagar facility will produce flat steel for high end applications enabling the company to expand its product portfolio in the ship building, defence equipment, energy and power, infrastructure, and aviation sectors
UK minister meets Tata Steel boss ahead of crucial board meeting
25 May 2016
Tata Steel is due to announce today, which of the seven bidders it had short-listed, would emerge as the preferred buyer for the company's European business
Tata Steel evaluating 7 expressions of interest for UK selloff
10 May 2016
Tata Steel on Monday said it has taken forward only those proposals which are for all of Tata Steel's UK business and not in parts
Liberty House puts in early bid for Tata Steel UK
02 May 2016
While Sanjeev Gupta’s Liberty House has lined up several heavyweight backers, including State Bank of India for Tata Steel’s entire UK business, others in the running include Albion Steel and Stuart Wilkie leading a management buyout
Javid slammed over claims he tried to save Tata Steel
29 Apr 2016
Claims by UK Business Secretary Sajid Javid that he persuaded Tata not to shut its UK steel business immediately and instead try to find a buyer, have been called into question by MPs
UK govt could take 25% equity in Tata Steel UK: reports
21 Apr 2016
A spokeswoman for Prime Minister David Cameron said the government could take a minority stake in Tata Steel to support a new buyer deliver a long-term future for the business
Port Talbot chief to launch management buyout
20 Apr 2016
Stuart Wilkie, the chief of Tata Steel’s Talbot plant, is expected to launch a management buyout, though this would require considerable support from the UK government, even as Liberty House continues to express interest
Dumping Chinese steel mills could acquire Tata Steel UK
19 Apr 2016
Tata Steel is looking at a list of 190 potential buyers, which includes top global names in the steel industry from countries like Japan and China, say reports
Greybull to buy Tata’s UK long steel arm for £1
12 Apr 2016
Turnaround specialist Greybull Capital has made it clear that its purchase of Tata Steel’s Long Products Europe division will involve no job losses, but the deal is still subject to a ballot by the union
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