Steel
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
SAIL to sell stakes in three units via auction
30 Nov 2016
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
Mining baron Janardhan Reddy’s offices raided after wedding
22 Nov 2016
Within days of mining baron G Janardhan Reddy's daughter's lavish wedding that reportedly cost over Rs500 crore, the Income Tax Department has raided his offices in Bellari
Liberty House tables $130-mn bid for Tata Steel UK’s speciality steel and pipe businesses
30 Sep 2016
Tata Steel net loss widens to Rs3,183 cr in Q1 on UK plant sale
13 Sep 2016
The company reported a Rs2,833 crore loss for the April-June 2016-17 period due to divestment of Long Steel UK Limited alone
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