It freed Tata Steel UK and its affiliate companies from 15 billion pounds of pension liabilities paving the way for the merger.

The company was reacting to news reports that suggested that the merger talks between the two had lost steam.

Thyssenkrupp AG Chief Executive Officer Heinrich Hiesinger said talks with the Indian conglomerate are being conducted "with great care".

Lord Kumar Bhattacharyya, founder-chairman of Warwick Manufacturing Group (WMG) and one of the Tata Group's advisers, said the group is "re...

We are all looking for certainty, uncertainty is not good for anybody, not for our workers, our stakeholders or anybody, said Bimlendra Jha.

An agreement could secure the immediate future of the Port Talbot plant in south Wales and its 4,000 staff members, plus other plants acros...

The company has reportedly called two days of pension talks to try to secure a merger of its European operations with those of ThyssenKrupp.

The company has reportedly called two days of pension talks to try to secure a merger of its European operations with those of ThyssenKrupp.

It is also uncertain whether Tata will be able to find a potential partner interested in taking on exposure to a UK steel asset.

Top company officials said the ground-breaking ceremony for the proposed multipurpose plant at Chakan in Pune which would have a capacity t...

ThyssenKrupp Chief Executive Heinrich Hiesinger wants to examine all options regarding the future of its German steel business, including a...

ArcelorMittal plans to spin off its stainless steel unit to the parent’s shareholders, signalling the failure of years of talks among produ...

German steelmaker ThyssenKrupp will cut up to 20,000 more jobs in the next fiscal year after already eliminating 12,000 positions due to th...

German industrial conglomerate ThyssenKrupp plans to cut more than 3,000 jobs or about 1.5 per cent of its total staff amid a slump in dema...

A fresh anti-dumping probe into certain steel products from China has been launched by the European Commission in the second such action in...

Even after the Corus acquisition, Tata Steel is ready with Plan B. It may now chase other acquisition targets around the globe.

Tata Steel may have bagged Corus but may soon start chasing other acquisition targets around the globe.