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Tata Steel Workers In UK Call First Strike In 40 Years Over Job Cuts
Around 1,500 Tata Steel workers in Port Talbot and Llanwern in Wales will begin an "all-out indefinite strike action" from July 8 to protest the company's "disastrous plans" to cut 2,800 jobs and close its blast furnaces.
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Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
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"A Big Day": Rishi Sunak After Tata Steel, UK Sign 1.25 Billion-Pound Deal
The United Kingdom and Tata Steel on Friday announced a joint investment package worth 1.25 billion pound, including a government grant of 500 million pound, for the country's largest steelworks in Wales.
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UK To Pump $621 Million Into Tata Steel To Secure Steel Industry
Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, in a deal aimed at securing the future of the country's steel industry but which puts as many as 3,000 jobs at risk.
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Tata Seeks $1.8 Billion Aid To Avoid Closure Of Major UK Steel Plant: Report
Tata Steel said on Friday it could close its major plant at Port Talbot in Wales unless it receives British government aid of 1.5 billion pounds ($1.8 billion) to help decarbonise production.
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Tata Motors Denies Intent Of Selling Stake In Jaguar Land Rover
Earlier some reports claimed Tata Motors is looking for a strategic partner for Jaguar Land Rover (JLR) after talks with the British government on a financial rescue package has failed. The company reportedly is also planning to sell off its UK steel plant lock, stock, and barrel. However, the Indian auto manufacturer has completely denied this rum...
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New Tata Steel UK Pension Scheme To Be Set Up After Meeting Minimum Criteria
Britain's pensions regulator agreed a deal last year to allow Tata Steel UK to cut scheme benefits and set up a new BSPS
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Indian-Origin Steel Tycoon Revives Mothballed Tata Unit In UK
Indian-origin businessman Sanjeev Gupta on Wednesday reactivated a unit at one of his British steelworks mothballed by Tata Steel UK at the height of a crisis in the global steel industry.
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UK's May Can't Get Meeting With Turmoil-Hit Tata Executives
Prime Minister Theresa May, on a visit to India to drum up trade after Britain voted to quit the European Union, said she's been unable to arrange a meeting with senior figures at Tata Sons Ltd. amid uncertainty over the company's plans for its steel plants in the U.K.
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Exclusive: On Cyrus Mistry's Watch, 'Family Jewels' Were At Risk, Say Sources Close To Ratan Tata
A day after Cyrus Mistry was dumped by India's largest conglomerate as its top boss, sources close to Ratan Tata, who has been brought back as Chairman, accused Mr Mistry of wanting to "sell the family jewels" or the group's steel interests in the UK, and wanting to "throw Ratan Tata under the bus" in the bitter break-up with DoCoMo, which has won ...
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Indian-Origin Steel Tycoon On Recruitment Drive In UK
Indian-origin businessman Sanjeev Gupta today announced a recruitment drive to fill up to 100 positions at two steel plants in Scotland he had acquired from Tata Steel this year, with subsequently increasing the number.
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Huge Fire At Tata Steel Plant In UK, No Casualties Reported
A huge blaze involving thousands of litres of oil broke out at a Tata Steel plant in the UK today but there were no reports of any injuries.
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David Cameron Says Tata Steel UK Gets 'Encouraging' Offers
Tata Steel has received a number of serious offers for its businesses in Britain, Prime Minister David Cameron said on Wednesday as steel workers marched past Downing Street to put pressure on the government to get a deal.
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Liberty House To Submit Bid For Tata Steel UK Today
Metals group Liberty House will submit a letter of intent to buy the British assets of Tata Steel today, a spokeswoman said, in the first concrete bid since the Indian conglomerate put the business up for sale, threatening thousands of jobs.
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Indian-Origin Tycoon's Firm Confirms Bid For Tata Steel In UK
Indian-origin businessman Sanjeev Gupta's Liberty House group has confirmed that it will be submitting its bid for Tata Steel's loss-making UK businesses by tomorrow, according to a media report.
-
Tata Steel Workers In UK Call First Strike In 40 Years Over Job Cuts
Around 1,500 Tata Steel workers in Port Talbot and Llanwern in Wales will begin an "all-out indefinite strike action" from July 8 to protest the company's "disastrous plans" to cut 2,800 jobs and close its blast furnaces.
-
Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
-
"A Big Day": Rishi Sunak After Tata Steel, UK Sign 1.25 Billion-Pound Deal
The United Kingdom and Tata Steel on Friday announced a joint investment package worth 1.25 billion pound, including a government grant of 500 million pound, for the country's largest steelworks in Wales.
-
UK To Pump $621 Million Into Tata Steel To Secure Steel Industry
Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, in a deal aimed at securing the future of the country's steel industry but which puts as many as 3,000 jobs at risk.
-
Tata Seeks $1.8 Billion Aid To Avoid Closure Of Major UK Steel Plant: Report
Tata Steel said on Friday it could close its major plant at Port Talbot in Wales unless it receives British government aid of 1.5 billion pounds ($1.8 billion) to help decarbonise production.
-
Tata Motors Denies Intent Of Selling Stake In Jaguar Land Rover
Earlier some reports claimed Tata Motors is looking for a strategic partner for Jaguar Land Rover (JLR) after talks with the British government on a financial rescue package has failed. The company reportedly is also planning to sell off its UK steel plant lock, stock, and barrel. However, the Indian auto manufacturer has completely denied this rum...
-
New Tata Steel UK Pension Scheme To Be Set Up After Meeting Minimum Criteria
Britain's pensions regulator agreed a deal last year to allow Tata Steel UK to cut scheme benefits and set up a new BSPS
-
Indian-Origin Steel Tycoon Revives Mothballed Tata Unit In UK
Indian-origin businessman Sanjeev Gupta on Wednesday reactivated a unit at one of his British steelworks mothballed by Tata Steel UK at the height of a crisis in the global steel industry.
-
UK's May Can't Get Meeting With Turmoil-Hit Tata Executives
Prime Minister Theresa May, on a visit to India to drum up trade after Britain voted to quit the European Union, said she's been unable to arrange a meeting with senior figures at Tata Sons Ltd. amid uncertainty over the company's plans for its steel plants in the U.K.
-
Exclusive: On Cyrus Mistry's Watch, 'Family Jewels' Were At Risk, Say Sources Close To Ratan Tata
A day after Cyrus Mistry was dumped by India's largest conglomerate as its top boss, sources close to Ratan Tata, who has been brought back as Chairman, accused Mr Mistry of wanting to "sell the family jewels" or the group's steel interests in the UK, and wanting to "throw Ratan Tata under the bus" in the bitter break-up with DoCoMo, which has won ...
-
Indian-Origin Steel Tycoon On Recruitment Drive In UK
Indian-origin businessman Sanjeev Gupta today announced a recruitment drive to fill up to 100 positions at two steel plants in Scotland he had acquired from Tata Steel this year, with subsequently increasing the number.
-
Huge Fire At Tata Steel Plant In UK, No Casualties Reported
A huge blaze involving thousands of litres of oil broke out at a Tata Steel plant in the UK today but there were no reports of any injuries.
-
David Cameron Says Tata Steel UK Gets 'Encouraging' Offers
Tata Steel has received a number of serious offers for its businesses in Britain, Prime Minister David Cameron said on Wednesday as steel workers marched past Downing Street to put pressure on the government to get a deal.
-
Liberty House To Submit Bid For Tata Steel UK Today
Metals group Liberty House will submit a letter of intent to buy the British assets of Tata Steel today, a spokeswoman said, in the first concrete bid since the Indian conglomerate put the business up for sale, threatening thousands of jobs.
-
Indian-Origin Tycoon's Firm Confirms Bid For Tata Steel In UK
Indian-origin businessman Sanjeev Gupta's Liberty House group has confirmed that it will be submitting its bid for Tata Steel's loss-making UK businesses by tomorrow, according to a media report.
