In a significant shift for Tata Steels operations, the recent election victory of the Labour Party in the United Kingdom is cast uncertainty over Tata Steel plans to cut jobs.

UK govt shift jeopardises Tata Steel jobs, company faces job cuts roadblock

India's Tata Steel said on Friday it will close its two blast furnaces in Britain by the end of this year. This, the company said, will lead to at least 2,800 workers losing their jobs at its port talbot steelworks in Wales.

Tata Steel to close two blast furnaces by end of 2024

Tata Steel is planning to cut around 3000 jobs at a plant in Wales in the UK, AFP reported on Thursday (January 18) citing sources. The news agency said that the Indian steel giant is set to close two blast furnaces at the Port Talbot Steelworks and will announce this on Friday.

Tata Steel may cut thousands of jobs in Wales: Report

British government to provide Tata Steel with $621 million to decarbonise its Port Talbot steelworks in Wales. The UK government grant is one of the largest government support packages in history.

UK government pumps $621mn into Tata Steel to decarbonise its Welsh site; 3,000 jobs at risk

According to Sky News, the government of the United Kingdom is getting closer to agreeing to an assistance package with Tata Steel. The deal would give the Indian company's British operations about 630 million dollars in public cash.

UK approves $630 MN aid for Tata Steel

The Union Budget of 2023 addresses many of the asks of industry, says Tata Steel Managing Director TV Narendran. "The focus on infrastructure is a huge multiplier effect," he tells Vikram Chandra.

The India Story | Focus on infrastructure in budget is a huge multiplier, says TV Narendran

Jamshed J Irani, popularly known as India's 'Steel Man' passed away on Monday night, aged 85 at TMH (Tata Hospital) in the eastern Indian city of Jamshedpur. Tata Steel, with whom Irani had an association of more than four decades informed about his passing.

Jamshed J Irani, the 'Steel man of India' and Padma Bhushan awardee passes away at 85

India's Tata Steel sought financial support from the British government upon its operations. The firm is hopeful of receiving $1.5 bn in terms of subsidy package for proposed transition of furnaces to green energy.

India's Tata Steel seeks support from UK government

India's competition regulator is examining allegations that Tata Motors and two finance firms of its $100 billion parent group abused their market position while selling commercial vehicles, according to three sources and legal documents seen by Reuters.

Tata Motors, two group finance firms accused of antitrust violations in India: Report

Gurugram’s Veer Ahlawat lived up to his first name ‘Veer’ which means ‘Brave’ in Hindi, as he put up a brave display in the final round of the IndianOil Servo Masters Golf 2019 to earn his maiden title.

Ahlawat jumps from seventh to third in the TATA Steel PGTI Order of Merit

The year 2019 has proven to be a tough year for India's top metal tycoon Tata Steel. The steel sector across Europe is battling surplus capacity and high costs causing big losses to metal firms.

Tata Steel announces job cuts across Europe after major losses in 2019

An Indian antitrust probe has found that units of Tata Steel Ltd, Sweden's AB SKF and Germany's Schaeffler AG colluded on the pricing of bearings, according to an investigation report seen by Reuters.

Indian probe finds SKF, Schaeffler, Tata Steel units colluded on bearings prices

Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the sector wrestles with excess supply, weak demand and high costs.

Tata Steel plans to cut up to 3,000 European jobs due to excess supply, meagre demand

Tata Steel plans to cut jobs across its European operations as it wrestles with excess supply and high costs, the company said on Monday. Following a weekend interview in the Financial Times with the group's European chief executive, Henrik Adam, Tata confirmed it was planning to announce job cuts across the European business, which employs around 20,000 people.

Tata Steel plans to cut jobs across European operations

Tata Steel on Wednesday reported a consolidated profit after tax (PAT) at Rs 3,302 crore for the quarter and half year ended September 30. Gross debt during the quarter has been pegged at Rs 1,11,549 crore, while net debt stood at Rs 1,06,952 crore.

Tata Steel reports Rs 3,302 crore Q2 profit

Tata Steel India's first quarter production increased by 20 per cent year-on-year with consolidation of Tata Steel BSL for the full quarter and higher capacity utilisation at both Tata Steel standalone and Tata Steel BSL.

Tata Steel reports higher production, sales in India despite liquidity challenges in market

The BSE benchmark Sensex ended 66 points higher Wednesday after a highly volatile session ahead of the US Federal Reserve meet outcome. After rallying nearly 400 points during the day, the BSE gauge settled 66.

Sensex ends 66 points higher; auto, bank stocks tank

Domestic equity benchmarks BSE Sensex and NSE Nifty Monday closed at another record highs as investors continued to cheer the decisive mandate for the Narendra Modi's BJP in the national election.

Sensex, Nifty close at record highs as rally continues on Modi's return

ThyssenKrupp said on Sunday it still saw scope for agreement with European antitrust regulators on a planned joint venture with Tata Steel despite a Financial Times report that Brussels was likely to block the deal.

ThyssenKrupp sees room for EU agreement on Tata Steel deal

Equity benchmark BSE Sensex jumped over 150 points in early trade Friday led by banking stocks amid unabated foreign fund inflow. The 30-share index was trading 152.

Sensex jumps over 150 points; Nifty above 11,000

The BSE Sensex rallied 336 points to reclaim the 39,000 mark Friday, propelled by gains in banking, oil and gas, metal and IT stocks amid easing global crude oil prices.

Sensex soars 336 points to close above 39,000-mark; Tata Steel rallies 7%

The 30-share BSE Sensex closed at 36,254.57, rising 186.24 points or 0.52 per cent. Similarly, the NSE Nifty ended at 10,910.10, gaining 47.55 points or 0.44 per cent.

Indian bourses begin 2019 on bullish note; Sensex soars 186 points

The result of that bidding process is likely to be known within the next few months. A successful bid is likely to further increase TSL's leverage over the medium term, Fitch added.

Bhushan acquisition likely to raise Tata Steel's leverage: Fitch

Benchmark BSE Sensex advanced over 130 points today, continuing its rising streak for the fourth straight day, on firm global leads after Chinese President Xi Jinping's speech eased worries over a trade war

Sensex rises over 100 points on firm global cues, Nifty tops 10,400

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