After months of negotiations, Tata Steel-owned Corus has tentatively agreed to sell the beleaguered Teesside Cast Products plant to Thailand's Sahaviriya Steel Industries for a price of 320 million......
Tata Steel-owned Corus on Tuesday said it will invest 185 million pound ( 1,355 crore) in the No 4 blast furnance at Port Talbot steelworks in Wales, that will increase capacity by 400,000 tonnes a......
Tata Steel Vice-Chairman B Muthuraman has asked a member of British Parliament not to be "over-critical" about the company's strategy in dealing with problems in Corus. Muthuraman on Tuesday wrote......
When United States-based drug major Merck bought Schering-Plough early this month, it decided to go off the beaten track. Instead of having one managing director for the merged entity, it decided......
Corus Group, Europe's second-largest steel maker and a subsidiary of Tata Steel, announced 2,045 fresh job cuts, mostly in three of its plants in the United Kingdom. These will be over and above......