UK’s steel curbs emerge as an early hurdle for FTA with India ahead of roll-out. Is there a way out?The UK has extended safeguard measures on select steel imports; starting from July 1, 2026, it will reduce tariff-free quotas by 60% and im...
26 May, 2026, 11.33 AM IST
GeM facilitates transactions worth Rs 5.03 lakh crore in 2025-26Government e-Marketplace, GeM, saw transactions worth over Rs 5 lakh crore in fiscal 2025-26. This marks a slight decrease from the prior y...
06 Apr, 2026, 06.36 PM IST
Tata Steel to proceed with its £1.25 bn investment to build Furnace in Port Talbot; closure of two Blast Furnaces by end of June, SeptTata Steel plans to continue its £1.25 billion investment in a state-of-the-art Electric Arc Furnace for steel production in Port Talbot, i...
25 Apr, 2024, 09.38 PM IST
Sanjeev Gupta of GFG Alliance awarded Business Leader of the Year at British Asian Achievers Awards 2017Sanjeev Gupta has also engaged with Indian steelmakers, buying Tata Steel UK's specialty steels business for 100 million pounds as well as ...
17 Oct, 2017, 07.46 PM IST
Indian-origin tycoon buys car parts maker; saves 550 jobs in UKAmtek UK, which is a Tier 1 supplier to major vehicle manufacturers, has two plants in the West Midlands and one at Witham in Essex.
21 Jul, 2017, 10.00 PM IST
Tata planning to keep UK Port Talbot plant operational: ReportTata Steel is exploring a joint venture with Germany's ThyssenKrupp and one of the options would have meant job losses at the plant employi...
06 Dec, 2016, 05.10 PM IST
Tata Steel's Speciality Steel business sale to improve performanceThe sale, which is subject to due diligence and corporate approvals, would be credit positive for TSUKH because it would dispose of loss-ma...
05 Dec, 2016, 04.54 PM IST
We want to have greater focus of our resources under very difficult circumstances: Bimlendu Jha, Tata Steel UK"We would be now waiting for all the due diligence under exclusivity arrangements and in M&A deals it is not done till it is done."
29 Nov, 2016, 11.45 AM IST
Tata Steel advances on signing pact for sale of UK Speciality Steels businessFor the quarter ended September 30, 2016, the company reported a consolidated net loss of Rs 59.61 crore against net profit of Rs 5628.71 c...
29 Nov, 2016, 11.32 AM IST
India likely to become second largest steel producer by DecemberHowever, what needs to be deliberated is will it be the greenfield or brownfield projects that will help India achieve the ambitious 300 mi...
05 Aug, 2016, 10.30 PM IST
Tata Steel may shut British plants in six weeks: ReportTata Steel had in January announced laying off 750 workers in a desperate bid to salvage its ailing Port Talbot steel plant in South Wales ...
02 Apr, 2016, 08.19 PM IST
Tata Steel, Britain offer more aid to steel townTata Steel will offer 3 million pounds ($4.62 million), to be matched by government, for job creation in Britain's Scunthorpe where its ste...
23 Oct, 2015, 11.17 PM IST
Tata Steel to cut around 1,200 jobs in EuropeTata plans to halt production of steel plate, which would lead to about 900 job losses in Scunthorpe in northern England and 270 in Scotlan...
20 Oct, 2015, 09.26 PM IST
Tata Steel Europe announces restructuring, to cut 500 jobs in UKThe proposals come amid a prolonged downturn in demand for some of the key products, including the UK market, which is about half of 2007 l...
29 Oct, 2013, 06.35 PM IST
Tata Steel to cut more jobs in UKTata Steel will cut as many as 900 jobs in the UK as part of major restructuring of European operations.
24 Nov, 2012, 01.54 AM IST
- Tatas emerge as biggest Indian employer in UK
With about 30,000 Tata employees, the European nation is home to the largest workforce of any Indian business house. Hiring a challenge for...
03 Oct, 2007, 10.00 AM IST
- JSW Steel acquires UK-based steel plant for Rs 31 cr
JSW Steel Limited on Monday announced acquisition of UK-based Argent Independent Steel Limited at an enterprise value of about Rs 31 crore.
30 Apr, 2007, 03.15 PM IST