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Tata Steel Ltd (TISC.NS)

TISC.NS on National Stock Exchange of India

23 Feb 2017
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Rs1.70 (+0.35%)
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Wed, Feb 15 2017

UPDATE 1-Tata Steel UK workers accept cuts to pension benefits

* Tata's plan to spin off entire pension still faces hurdles (Adds details, quotes)

Tata Steel UK workers vote to accept cuts to pension benefits

LONDON, Feb 15 Tata Steel's British workers voted on Wednesday to accept pension benefit cuts in return for safeguards on jobs and investment, although the Indian-owned firm's plan to spin off its entire pension scheme still faces regulatory hurdles.

REFILE-Tata Steel, Thyssenkrupp merger talks face extensive delays

* Graphic: Tata Steel share price rise http://reut.rs/2kqSCgg

Tata Steel, Thyssenkrupp merger talks face extensive delays

LONDON Investors expecting a deal this year in Tata Steel's talks to merge its European assets with Germany's Thyssenkrupp risk disappointment, given complications associated with the Indian-owned firm's British pension scheme.

REFILE-UPDATE 2-Tata Steel UK agrees to sell speciality steel business to Liberty House

MUMBAI/LONDON, Feb 9 Tata Steel UK has signed a 100 million pound ($126 million) deal to sell its speciality steel business to Liberty House Group, as the firm's Indian owner Tata Steel Ltd presses on with restructuring its European operations.

Tata Steel agrees to sell speciality steel biz to Liberty House

MUMBAI, Feb 9 India's Tata Steel Ltd said on Thursday its British arm has signed a definitive agreement to sell its speciality steel business to Liberty House Group for 100 million pounds ($125.55 million).

Indian shares largely flat ahead of monetary policy meet

Feb 8 Indian shares oscillated in and out of positive terrain on Wednesday amid tepid investor sentiment ahead of the central bank's monetary policy decision later in the day.

Thyssenkrupp CEO says has no current plan B for steel

BOCHUM, Germany Thyssenkrupp is committed to pursuing a European merger with Tata Steel as it still sees progress in Tata's efforts to free itself of a large UK pension deficit, Thyssenkrupp's chief executive said on Friday.

UPDATE 1-Tata Steel's UK pensions trustee warns deficit to surge

* Pension scheme's future crucial to merger with Thyssenkrupp (Adds details)

Tata must fix pension deficits before any deal: Thyssenkrupp CEO

BERLIN India's Tata Steel must first resolve the pension deficit at its British and Dutch operations, before any merger of its steel operations with Thyssenkrupp , the German company's chief executive told a German newspaper.

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