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BRITISH PENSION SCHEME
From insurgency to Arabica: Nagaland finds a new revolution in coffeeNagaland is brewing a new future, shifting from its past to a vibrant coffee economy. Local farmers and young entrepreneurs are leading thi...- FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
- Tata Steel UK reworks pension scheme, reignites Thyssenkrupp deal hopesTata Steel and Thyssenkrupp have been in talks for nearly a year now with experts suggesting that the £15 billion pension scheme was a majo...
- Tata Steel plans $663 mn payout for one-time UK pension settlement under new schemeThe company is finalising terms with British regulators to clear all pension liabilities, a move that would ring fence the business, derisk...
- Tata Steel UK closes pension scheme to new accrual"From 1 April 2017, employees will save for their retirement through a new and competitive defined contribution pension scheme," Tata Steel...
- Tata Steel's UK unions approve new turnaround planThe company also started a process to close the expensive British Pension Scheme replace it by defined contribution scheme, which will lowe...
- Tata Steel slips as Edi Truell renews offer to take over pension planAt 10:30 am, Tata Steel was trading 0.9 per cent lower at Rs 464. It touched a high of Rs 462.35 and a high of Rs 468.80 in the first 60 mi...
- Tata Steel to pay millions into UK pension fund: ReportThe infusion of funds into the 130,000-member pension scheme is aimed at releasing a guarantee the fund holds over the Indian steel major's...
- Our target is to try and achieve a 300 million pound EBITDA in 3-5 yrs: Bimlendra Jha, Tata Steel UKThe workers are fully aware that their future lies in their hands. The entire commitment about capex etc is a question of affordability, sa...
- Tata Steel to invest 1 billion pounds in UK plant, replace British Pension SchemeTata steel giant has reportedly offered a number of guarantees to its staff at Port Talbot steelworks in south Wales, the UK's largest stee...
- Tata Steel plans to close pension fund: ReportA 60-day legally required consultation period means an official announcement of the closure is expected by the end of the month, the newspa...
- Tata Steel may be close to pension deal: ReportAn agreement could secure the immediate future of the Port Talbot plant in south Wales and its 4,000 staff members, plus other plants acros...
- Tata Steel set for trade union talks in UKThe company has reportedly called two days of pension talks to try to secure a merger of its European operations with those of ThyssenKrupp.
- Tata Steel to halt sale of UK assets, expected to cut costs by 100 million poundsThe company's loss-making unit is saddled with a huge liability of British Pension Scheme for its 1.4 lakh employees including the present ...
- Tata Steel Board meeting on UK steel operations startsThe company's loss-making unit is saddled with a huge liability of British Pension Scheme for its 1.4 lakh employees including the present ...
- UK steelworkers' pensions could be slashed under Tata plan: ReportsSources close to the company said it does not plan to continue supporting the pension fund once it has quit UK steel, according to the repo...
- Tata Steel gains as UK arm's deficit in pension scheme fallsShares of Tata Steel rose by 2.5 per cent today after the company said its UK arm has concluded the actuarial valuation of British Steel Pe...
- UK unions notify Tata Steel of industrial action on June 22Tata Steel said trade unions have informed it on their plans for industrial action at all its plants across the UK over the firm's proposal...
- No deal with UK unions; to face industrial action ballot: TataEarlier this week, unions of Tata Steel UK, a subsidiary of the Indian steel major had called for an industrial action ballot against the c...
- Tata Steel faces industrial action ballot in pension rowAn industrial action ballot or vote is sought by unions to know the majority view of its members about participating in the action - strike...
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