Tata Steel dips into red; posts loss of Rs 2,127.23 crore for Q3
Tata Steel dips into red; posts loss of Rs 2,127.23 crore for Q3

Tata Steel Thursday reported a consolidated net loss of Rs 2,127.23 crore for the quarter ended December 31, 2015 hit by subdued demand in India as well as higher regulatory costs and a strong British pound.

Advice on NELCO, Tata Steel and Rushil Decor
Advice on NELCO, Tata Steel and Rushil Decor

Advice on NELCO, Tata Steel and Rushil Decor

Tata Steel to cut hundreds of jobs at Welsh unit
Tata Steel to cut hundreds of jobs at Welsh unit

Tata Steel is expected to announce hundreds of job cuts at its Port Talbot plant in Wales in a statement to the Indian Stock Exchange in Mumbai as early as next week, according to a British media report.

S&P downgrades Tata Steel to 'BB-' on weak operating performance
S&P downgrades Tata Steel to 'BB-' on weak operating performance

Rating agency Standard & Poor's (S&P) Wednesday downgraded steel major Tata Steel to 'BB-', a low investment grade rating, over persistent subdued operating performance amid subdued demand and low steel prices.

Tata Steel's workers in Scotland get new package
Tata Steel's workers in Scotland get new package

A number of key employees at Indian steel giant Tata Steel's two Scottish plants on the verge of closure will be retained on a 60 percent salary as part of a new 195,000-pounds government support package, the Scottish government announced Saturday.

Fortune top 10 Indian compaines in 2015

Indian Oil Corporation has maintained its number one position followed by Reliance Industries in terms of revenue for the sixth consecutive year in the list of Fortune 500 Indian companies 2015.

Tata Steel in talks to sell struggling UK assets

Tata Steel is in talks with investment firm Greybull Capital to sell its struggling Long Products Europe business in the UK, the Indian steel giant said Tuesday.

 

Tata Steel may be nearing a deal on UK plant

It is estimated that hundreds of millions of pounds will be needed to revive the business.

See what JLR workers in Britain have written to Cyrus Mistry

Tata's UK steel plants are thought to be the largest suppliers of steel to JLR.

Tata Steel Singapore arm executes $1.5 bn pacts to refinance debt

The proceeds will be used to repay existing term loan facilities in TSGH.

16 injured in explosion in Tata Steel plant in Jharkhand

At least 16 contractual labourers were injured when an ammonia scrubber blew up during maintenance work in the Coke Plant of Tata Steel.

Green nod for Tata Steel's Rs 185 crore expansion projects in Odisha

Tata Steel has received green nod for expansion as well as setting up of two units at its Joda plant in Keonjhar district, Odisha, entailing an investment of over Rs 185 crore.

Crisis-hit Tata Steel asks suppliers to slash prices

Amid a crisis in Britain's steel sector, Tata Steel has warned its suppliers that if they do not slash prices by up to 30 per cent in the long term then they risk losing the steel giant's business.

Tata Steel workers march to save Scottish plants
Tata Steel workers march to save Scottish plants

The workers, joined by councillors and Labour party members, are calling for action by the Scottish and UK governments to protect the steel industry and its jobs, days after Britain's biggest steelmaker announced the lay-off under a restructuring deal.

 

Hot Stocks: Risk Reward in Tata Steel

Our expert helps a caller to average his stock in Tata Steel counter.
Zee Business, India's first 24-hour Hindi business channel, was conceived to offer 'information' and 'insight' and bring business and economy coverage to you in your own language.

Tata Steel Q2 Net up 22%; takes Rs 8,699 crore hit on UK biz
Tata Steel Q2 Net up 22%; takes Rs 8,699 crore hit on UK biz

Its consolidated total income, however, fell 18 percent to Rs 29,304.69 crore in the July-September quarter this fiscal from Rs 35,777.11 crore in the same quarter of 2014-15, Tata Steel said in a BSE filing.

Tata Steel to cut around 1,200 jobs in Europe
Tata Steel to cut around 1,200 jobs in Europe

Tata Steel will cut around 1,200 jobs in Europe, with the UK being the worst hit, under a planned restructuring to deal with "flood of cheap imports" from China and other places.

Tata Steel to shed 1,000-plus jobs in Britain: reports
Tata Steel to shed 1,000-plus jobs in Britain: reports

Tata Steel is going to announce a lay-off of around 1200 job in its plants in the United Kingdom

 

 

Tata Steel UK's deficit in pension scheme stands at $138 mn

Tata Steel Wednesday said that its UK arm has concluded the actuarial valuation of British Steel Pension Scheme (BSPS) and the deficit in the scheme stands at about 90 million pound (around USD 138 million) as of March 2014.

Tata Steel invests Rs 22K cr in Odisha project, to start operations soon
Tata Steel invests Rs 22K cr in Odisha project, to start operations soon

Tata Steel is set to commission the first phase of its Kalinganagar plant, where it has invested Rs 22,000 crore so far, in the next fiscal.