Steel
Tata Steel UK completes sale of Specialty Steels business to Liberty House
03 May 2017
The specialty steels division is one of the world's biggest suppliers to the aerospace industry, with customers that include Rolls-Royce, Boeing and Airbus, and the automotive and oil and gas industries
Creditors oust Usha Martin chairman to facilitate asset sale
26 Apr 2017
Selling a property worth Rs2,500 crore to recover Rs5,000 crore would amount to writing off Rs2,500 crore, a decision that ordinary people may not digest
Liberty House to bid for bankrupt Essar project in the US
26 Apr 2017
Essar had invested around $1.8 billion into the Nashwauk project over several years but walked away from it in late 2015 due to shortage of cash even after having taken over $1 billion in debt from a consortium of Indian banks to fund the project
Posco India surrenders land acquired for 12-mt project
20 Mar 2017
Posco has clarified that surrendering the acquired land does not imply it would cancel the long-delayed project
Tata Steel may call off merger plans with Thyssenkrupp: report
06 Mar 2017
Tata Steel, which is trying to sort out its £15-billion British pensions puzzle, would be sinking into deeper waters with the merger, says the report
