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Tata Steel to shut 2 UK sites; 400 jobs at stake

The announcement evoked a sharp response from the UK and Ireland’s largest trade union, Unite, which said it would fight for every job and demanded that there would be no compulsory......

Tata Steel, JSW, SAIL brace for achche din ahead

Domestic steel majors such as SAIL, JSW Steel and Tata Steel will have a better year ahead on the back of capacity expansions and higher utilisation, leading to rise in profitability, global......

Jindal brothers may have some good news for Pope Francis

* Insolvent Lucchini has recently begun idling capacity * Up to 4,000 Lucchini jobs are at risk * Pope Francis urges "creativity" in resolving its problems * Its facilities could be sold for a......

Falling car sales shatter 'Japan steel' dreams

It’s not automobile makers alone worried at the continuous fall in car sales.The steel sector, which has spent a lot of money to tap the automobile segment, is nervous on its investments.Tata......

Japan's growing yen for Indian assets

The appetite for Indian assets is growing among investors from the land of the samurai. An appreciating yen, combined with slow economic growth, has persuaded many Japanese investors to explore......

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