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How Brexit is affecting Tata's UK asset sale

Process could be halted for some time; British business minister to attend company’s board meeting todayBrexit is proving to be an additional hurdle for Tata Steel’s plans of selling......

Tata Steel faces tough choices in Europe

Tata Steel last fortnight announced it has initiated talks with Geneva-based Klesch Group to sell its European long products business. The assets include Scunthorpe steelworks, an engineering......

Tata Corus: Crash, crisis and recovery effort

On Friday, Karl-Ulrich Khler, chief executive officer of Tata Steel's European operations, said their proposal to cut 900 jobs was part of a strategy to transform the company into an all-weather......

Bleeding foreign subsidiaries weigh heavy on Tata Steel

With the economic situation in Europe showing no signs of an immediate recovery, Tata Steel Group is finding it difficult to revive the prospects for its subsidiary, Tata Steel Europe. The European......

Tata Steel accepts $130-mn to settle UK plant loss

Tata Steel's arm here said it had got $130 million as final settlement from the consortium of global steel buyers which had prematurely terminated, in May 2009, a 10-year purchase contract.The......

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