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THYSSENKRUPP NEWS
Pakistan inducts new Chinese submarine, puts focus on India’s undersea strength and pacePakistan commissioned its first Chinese-built Hangor-class submarine, PNS Hangor, boosting its AIP-equipped fleet to four. This marks the f...- Jindal Steel, Thyssenkrupp pause talks on steel unit stakeThyssenkrupp AG and Jindal Steel International have paused discussions on a potential stake sale in the German firm’s steel unit. The compa...
- Thyssenkrupp steel sale talks with Jindal stalled, deputy chairman saysNegotiations for Thyssenkrupp's steel division sale to Jindal Steel International are stalled. Labour representatives have not received ans...
- Stocks in news: HUL, Jain Resource Recycling, Ola Electric, Tata Motors, Torrent PharmaIndian markets closed marginally higher after a strong start in the Muhurat trading session. Investors are now focused on upcoming earnings...
- Thyssenkrupp to cut 11,000 jobs at steel division in major corporate shakeupThyssenkrupp Steel Europe will cut 11,000 jobs by 2030. The German steelmaker will also reduce production. The company blames cheaper Asian...
- European shares tumble on Covid surge, rate hike fearsThe pan-European STOXX 600 dropped 1 per cent by 0815 GMT, after Asian markets followed Wall Street lower on Federal Reserve Chair Jerome P...
- Sweden's SSAB eyes Tata Steel's Europe business as Thyssenkrupp's back-up plan: Bloomberg“SSAB is holding preliminary talks with Tata Steel of India as it seeks merger options,” the report said quoting persons familiar with the ...
- European shares gain on oil boost as economies reopenThe pan-European STOXX 600 rose 1.8 per cent by 0710 GMT.
- Thyssenkrupp mulls separation of major businesses: SourcesNo formal decision has been reached, and talks could still fall apart, the sources said.
- Guido Kerkhoff appointed Chairman of thyssenkrupp AG's Executive BoardGuido Kerkhoff will run the company until the Supervisory Board has completed the structured process of finding a successor for Dr. Heinric...
- Brokers give thumbs up to Tatas’ JV with ThyssenkruppThe deal will also help Tata Steel reduce its debt levels, brokerages said.
- Thysenkrupp deal good for Tata Steel in long term: Amit Dixit, Edelweiss SecuritiesProcurement which comprises around one-third of the synergies, should start flowing from year one.
- Don’t see too many hiccups for Thyssenkrupp -Tata JV now: Rakesh Arora, Go India AdvisorsIf there is no further cash outflow immediately, that is a positive for Tata Steel.
- German Election campaign shaken up by Thyssenkrupp-Tata dealThe headquarters of the new venture will shift to the Netherlands, and the move could see 4,000 steel jobs cut from a combined workforce of...
- Result of Tata Steel-Thyssenkrupp JV will take time to show: Rakesh Arora, MD, GO India"Small benefits and synergies tend to disappear for large organisations. It is the steel price which is the main driver."
- Tata Steel denies UK media reports, says still in talks with ThyssenKruppThe company was reacting to news reports that suggested that the merger talks between the two had lost steam.
- Tata Steel drops as UK initiates criminal investigationsTata Steel Limited is a large Indian multi-national steel manufacturing company having operations in 26 countries and commercial presence i...
- Tata Steel, Thyssenkrupp may combine European steel businessTata Steel and Thyssenkrupp have been talking about combining their European steel operations, most likely excluding UK, according to sever...
- ThyssenKrupp drives out of Indian metal businessGerman auto-part maker ThyssenKrupp is exiting the sheet metal business in India by selling its 74% stake in joint venture company ThyssenK...
- Future of Arcelor Mittal's Dofasco not yet settledMittal Steel, merging with Arcelor to form a global steel giant, has said it wants to sell Arcelor's Dofasco to ThyssenKrupp.
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