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Tata Corus - A deal from hell
The $12.1 billion Corus acquisition-the biggest global acquisition made by an Indian company-ended up as a millstone around Tata Steel's neck, points out Indrajit Gupta. Ever since the Tata......
Tata Steel Europe struggles to make good
Seven years after it was acquired by Tata Steel, Corus (now called Tata Steel Europe) is not out of the woods, in spite of talk that Europe is gradually coming out of its six-year-long......
Tata Steel Europe: On a long road to recovery
In May, a question mark hung over Tata Steel Europe’s future after it announced asset impairment of $1.6-billion (Rs 8,609 crore), the biggest by an Indian company. Steel demand in Europe......
Tata Steel to cut 900 jobs in UK
Tata Steel on Friday said it will cut 900 jobs in the UK as part of major restructuring of European operations to make the company an "all-weather" steel producer, capable of succeeding in......
Tata Steel reports Rs 364-cr loss in Q2
Tata Steel Group today reported Rs 364 crore (Rs 3.64 billion) consolidated loss during the second quarter of the current fiscal on lower realisation from European operations. The company, which......
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