Tata Steel's Q4 loss at Rs 5,674 cr; to exit non-core assets

Last Updated: Wednesday, May 20, 2015, 18:44

Tata Steel Wednesday reported a consolidated net loss of Rs 5,674.29 crore for the quarter ended March 31, 2015, mainly due to non-cash write downs and a "challenging" 2014-15 fiscal.

No immediate plans to sell Long Products Europe business: Tata Steel

Last Updated: Tuesday, May 19, 2015, 18:36

Memorandum of Understanding with Klesch Group on October 15, 2014 to undertake a detailed due diligence and negotiations for a potential sale of its Long Products Europe business and associated distribution activities still continues.

Tata Steel nears UK plants sale: Report

Last Updated: Sunday, May 17, 2015, 17:02

The steel takeover is understood to hinge on guarantees to keep sites open for a number of years.

Tata Steel to write down Rs 6,500 cr in impairment charge

Last Updated: Thursday, May 14, 2015, 22:46

Tata Steel Thursday said it is likely to write down a total of Rs 6,500 crore for the 2014-15 fiscal mainly due to impairment of a unit in the UK, a part of its European operations and a coal project in Mozambique.

Tata steel obserges 160th birth anniversary of Bose

Last Updated: Tuesday, May 12, 2015, 23:39

Tata Steel Tuesday observed the 160th birth anniversary of Pramatha Nath Bose (P N Bose) to commemorate his invaluable contribution towards the setting up of Tata Steel and steel industry at large at India.

Tata Steel workers to be balloted over industrial action

Last Updated: Tuesday, May 5, 2015, 23:05

Indian steel giant's European arm -- Tata Steel UK -- today called for "unconditional talks", even as British unions prepared to start balloting the company's nearly 17,000 workers to decide on whether to take strike action, a day before the country's May 7 general election.

Doors open for talks: Tata Steel tells UK unions

Last Updated: Wednesday, April 29, 2015, 19:38

Indian steel giant Tata Steel Wednesday told British trade unions that its "doors remain open" to seek an agreement over an ongoing pensions row.

Tata Steel pension row flares up, unions send legal notice

Last Updated: Tuesday, April 28, 2015, 21:46

British trade unions have sent a legal notice to Tata Steel to ballot some 17,000 employees for a proposed industrial action over a pension row.

UK unions give Tata Steel notice of industrial action ballot

Last Updated: Tuesday, April 28, 2015, 16:15

British steel unions have given official legal notice to Tata Steel UK about their intention to start balloting some 17,000 members for industrial action from May 6, one day before the country`s general election.

Tata Steel says no deal with UK unions; strike ballot to go ahead

Last Updated: Thursday, April 16, 2015, 19:18

Tata Steel has failed to reach a deal with UK unions about its proposal to change the British pension scheme, it told India`s National Stock Exchange on Thursday.

Tata Steel's FY15 crude steel production up 2% at 9.33 MT

Last Updated: Thursday, April 16, 2015, 14:09

The Tata Group's flagship firm said it produced 9.07 million tonnes of saleable steel during the year under review, up 1.56 per cent from the year-ago period.

Tata Steel faces industrial action ballot in pension row

Last Updated: Monday, April 13, 2015, 18:51

Tata Steel's proposal to close the British Steel pension scheme has trade unions up in arms, which on announced industrial action ballot against the company's decision.