Tata Steel

Tata Steel News

‘European Commission to block Tata Steel-ThyssenKrupp JV’

Had the deal been cleared, it would have been the largest European steel deal since 2006 when Arcelor was taken over by industrialist Lakshmi Mittal.

Tata Steel to consider Rs 12,000 crore NCD issue next week

The company’s shareholders had given a nod for the same in the annual general meeting (AGM) held on July 20, 2018 and was also approved by the board of directors on August 13, 2018.


Tata Steel to divest majority stakes in its Southeast Asia businesses

Tata Steel held 100 per cent stake in NatSteel, while it has 67 per cent in Tata Steel Thailand.

Supplied 75 pc of total rebars used in Bogibeel bridge: Tata Steel

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2018.

Sacked Tata Steel employee arrested for murder of senior manager in Faridabad

Accused Vishwash Pandey, who hails from Prayagraj in Uttar Pradesh had purchased a pistol and 25 cartridges worth Rs 90,000 for committing the crime. Two days prior to Diwali, he also fired two “practice shots” in a park in Faridabad during the day.

Faridabad: Tata Steel senior manager shot dead by fired executive

Police sources said that other employees at the stockyard claimed the accused was “aggressive” in nature, and had a tendency to get into conflicts with colleagues and seniors at the company.


Stressed assets: Tata Steel open to more acquisitions

There is a consolidation going on in the steel business at present following a down cycle of the sector in the wake of which a lot of steel facilities were either forced to close down or operate at a lower capacity.

Bhushan Power bid: NCLAT gives Tata Steel a chance to plead its case

The NCLAT on Monday adjourned to November 1, the hearing on Tata Steel’s plea challenging the CoC’s decision to allow JSW Steel to submit a revised bid for the bankrupt Bhushan Power and Steel (BPSL).

Tata Steel to acquire steel business of Usha Martin for up to Rs 4,700 crore

Tata Steel, in a release, said it has executed definitive agreements for acquisition of the steel business of UML through a slump sale on a going concern basis.

Substantial debt may impact company's ability to raise finance: Tata Steel

This comes against the backdrop of Tata Steel earlier stating that it will raise Rs 16,500 crore through debt instruments to fund Rs 32,500 crore acquisition of Bhushan Steel Ltd (BSL).