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Tata's confident of turnaround in European steel arm

Last Updated: Tuesday, May 20, 2014, 13:30

Indian conglomerate Tata Group is confident of a turnaround in the fortunes of its UK-based Tata Steel Europe, which has won contracts in the UK, France and Saudi Arabia, overcoming the challenging market conditions.

Corus needs to look beyond Europe, US for revival: Tata

Last Updated: Friday, November 29, 2013, 18:05

In May this year, Tata Steel revealed a 1 billion pounds write-down in the value of its European arm.

Signs of improvement in Tata Steel's European business: Moody's

Last Updated: Friday, November 15, 2013, 21:29

The European business of Tata Steel is showing signs that the recent weaknesses have been stemmed, according to Moody's Investors Service report.

Heatwave causes dust clouds at Tata Steel plant in UK

Last Updated: Friday, July 19, 2013, 18:28

The ongoing heatwave in Britain has been blamed for dust clouds emanating from Tata Steel's plant in Wales.

Tata Steel Europe reports record 1.2bn pounds loss

Last Updated: Sunday, July 14, 2013, 18:39

Indian steel giant Tata Steel's European arm has reported a record loss of 1.2 billion pounds for the year.

Tata Steel Europe to invest 1.5 bn pound till 2015-16

Last Updated: Wednesday, October 17, 2012, 19:32

"We have given idea that over the five-year framework, we want to invest some two billion pounds in European unit. Last year, we invested 450 million pound," Tata Steel Europe CEO and Managing Director Karl-Ulrich Kohler said.

Tata Steel to invest 400 million pounds in European unit this fiscal

Last Updated: Thursday, October 04, 2012, 15:49

Tata Steel is looking to invest 400 million pounds in its European unit during the current financial year amid subdued demand in the European continent, a top company official said on Thursday.