Tata Steel
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
