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Tata Steel

Tata Steel sells 70% stake in Singapore, Thai arms to Chinese Group for $480 m

The Chinese steel major will USD 327 million in cash to the Tatas and take over USD 150 million combined debt of these companies.

Jan 29, 2019, 09:55 AM IST

Tata Steel manager shot dead in Faridabad, cops arrest ex-employee

The deceased manager died on the way to the hospital.

Nov 09, 2018, 22:20 PM IST

Tata Steel clinches JV with Thyssenkrupp to create new European steel giant

The JV, which has been under discussions since September last year, combines the European steel businesses of the Indian steel major with the German firm to create Thyssenkrupp Tata Steel BV.

Jul 02, 2018, 17:56 PM IST

NCLAT asks Tata Steel if it will pay dues of Bhushan Steel

Bhushan Steel owed its lenders about Rs 56,000 crore and was among the 12 big loan defaulters identified by the Reserve Bank of India last year to undergo insolvency under the new bankruptcy law.

May 30, 2018, 14:31 PM IST

NCLAT issues notice to Bhushan Steel RP, CoC on L&T's plea; makes Tata Steel party

NCLAT also impleaded Tata Steel, whose bid for the debt ridden firm has been approved, as party over L&T plea seeking to recover Rs 900 crore.

May 22, 2018, 13:53 PM IST

NCLAT declines to stay Bhushan Steel sale to Tata Steel, issues notices

The bench directed the matter to be listed on May 30 and asked the parties to file their replies in a week.

May 21, 2018, 14:48 PM IST

Tata Steel will absorb all employees of Bhushan Steel: TV Narendran

Tata Steel does not have any delisting plan of the Bhushan steel and it will continue as it is at least for next 2-3 years.

May 18, 2018, 10:02 AM IST

NCLAT to hear Bhushan Steel promoter's plea against Tata Steel takeover

Singal has sought a stay on the National Company Law Tribunal (NCLT) order approving Tata Steel's bid for the debt-ridden Bhushan Steel under corporate insolvency resolution process.

May 17, 2018, 12:23 PM IST

Tata Steel wins bid to acquire debt-laden Bhushan Steel

Tata Steel said it has accepted the letter of intent (LoI) for BSL under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code 2016 (IBC).

Mar 23, 2018, 11:46 AM IST

Tata Steel highest bidder for Bhushan Steel

Bhushan Steel, one of the 12 non-performing accounts referred by the Reserve Bank of India for National Company Law Tribunal (NCLT) proceedings, owes Rs 44,478 crore to its lenders.

Mar 08, 2018, 11:02 AM IST

On JN Tata's 179th birth anniversary, Jamshedpur wears a festive look

JN Tata, born on March 3, 1839, was an Indian pioneer industrialist, who founded the Tata Group, India's biggest conglomerate company.

Mar 03, 2018, 08:44 AM IST

Chandrasekaran's 2nd year may begin with Tatas' largest domestic deal with Bhushan Steel takeover

Tata has reportedly bid for Bhushan Steel and is emerging as the highest bidder for the Delhi-based company that's under NCLT now.

Feb 19, 2018, 10:27 AM IST

ArcelorMittal, Russia's VTB Group bid for Essar Steel

Founded by Shashi and Ravi Ruia, Essar Steel was referred to the National Company Law Tribunal last year after accumulating nearly Rs 50,000 crore in debts.

Feb 13, 2018, 07:57 AM IST

Tata to invest in Port Talbot steel plant post-Thyssenkrupp merger: Sources

The global steel sector is emerging from a crisis in which global prices slid to 12-year lows in late 2015.

Feb 12, 2018, 23:47 PM IST

Tata Steel Q3 net profit jumps 5-fold to Rs 1,136 crore

The company had posted the consolidated net profit of Rs 231.90 crore in the corresponding quarter of previous fiscal.

Feb 09, 2018, 17:56 PM IST

ArcelorMittal, Tata Steel evince interest in Bhushan Steel

According to the information on Bhushan Steel Ltd website, the company is the 3rd largest secondary steel producer in the country with an existing steel production capacity of 5.6 million ton per annum.

Nov 16, 2017, 22:03 PM IST

India's largest CDQ facility at Tata Steel Kalinganagar

The facility is part of the continuous journey towards improving productivity, energy efficiency and environmental performance, it said.

Nov 06, 2017, 14:55 PM IST

Tata Steel posts net profit of Rs 1,018 crore in Q2

The company had reported a consolidated net loss of Rs 49.38 crore in the July-September quarter a year ago.

Oct 30, 2017, 20:39 PM IST

Face of Tata group to change in next decade: Ratan Tata

Tata said he is currently working towards the transformation of the Tata trusts to address the needs of India which requires technology, automation, healthcare and nutrition.

Sep 21, 2017, 12:16 PM IST

Tata Steel, ThyssenKrupp agree to merge European operations

The two groups were in talks for a merger of their European steel businesses for almost over a year.

Sep 20, 2017, 10:53 AM IST