Tata Steel
Tata Steel, Thyssenkrupp joint venture faces deeper EU probe
31 Oct 2018
The European Commission is reported to have stated that its initial probe “raised several issues,” especially relating to combining the companies’ offer of certain specialty flat carbon steel and electrical steel products
Tata Steel to acquire Usha Martin’s steel biz for up to Rs4,700 cr
24 Sep 2018
Usha Martin is amongst the largest wire rope manufacturers in the world and a leading speciality steel producer in India
Tata Steel’s Q1 profit more than doubles to Rs1,934 crore
14 Aug 2018
Tata Steel’s revenues rose 13.8 per cent year-on-year to Rs16,405 crore while EBITDA for the quarter jumped 75.2 per cent to Rs5,118 crore on the back of rising demand for industrial steels
Tata steel, Thyssenkrupp in pact to merge steel business
30 Jun 2018
Tata Steel on Saturday said it had signed definitive agreements with Thyssenkrupp AG to combine their European steel businesses in a 50 : 50 joint venture in a new company
Tata Steel completes acquisition of bankrupt Bhushan Steel
19 May 2018
Tata Steel said on Friday it has completed the acquisition of a 72.7 per cent stake in bankrupt Bhushan Steel Ltd (BSL) for Rs35,200 crore, making the first acquisition of a stressed asset under the new Insolvency and Bankruptcy Code
NCLT approves Tata Steel as the owner of Bhushan Steel
15 May 2018
The National Company Law Tribunal (NCLT) on Tuesday approved Tata Steel’s bid to take over debt-ridden Bhushan Steel
Tata Steel wins bid to acquire Bhushan Steel
23 Mar 2018
Tata Steel set to acquire Bhushan Steel
08 Mar 2018
The acquisition of the 5.6-million tonnes Bhushan Steel will add significantly to Tata Steel’s 13-million tonnes domestic capacity and make it the largest steel maker in India
Tata Steel raising $2.15 bn to refinance existing debt
28 Dec 2017
Tata Steel Ltd has initiated the process of raising $2.15 billion in six-year syndicated loans as part of its $5.1 billion loan programme to refinance its existing debt
Thyssenkrupp to cement Tata Steel deal with offer to workers
11 Dec 2017
Thyssenkrupp and Tata Steel had in September agreed to merge their European steel operations, creating Europe’s second largest steelmaker
Tata Steel returns to profit with Rs1,018-crore Q2 net
31 Oct 2017
Tata Steel’s profit was boosted by strong volume growth following the ramp-up of its Kalinganagar plant in India and divestment of loss-making UK operations
Tata Steel, Thyssenkrupp to merge European flat steel operations
20 Sep 2017
The 50:50 joint venture, to be named Thyssenkrupp Tata Steel, will create the second-largest steel company in Europe and is expected to take shape at the beginning of next year after it receives the approval of the European Union
Tata Steel exits British Steel Pension scheme; decks cleared for ThyssenKrupp merger
12 Sep 2017
Tata Steel has made a one-time payment of £550 million to unbundle itself from the British Steel Pension scheme, a move that would clear the path for merger of its European steel business with Thyssenkrupp
Tata Steel back in the black with Q1 net profit of Rs921 cr
07 Aug 2017
Total steel deliveries in the first quarter were up about 9 per cent at 5.83 million tonnes, with domestic deliveries accounting for 47 per cent of the total
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