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Tata Steel Ltd (TISC.NS)

TISC.NS on National Stock Exchange of India

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Latest Key Developments (Source: Significant Developments)

Tata Steel Says NCLT Approves Resolution Plan For Buying Bhushan Energy Ltd
Sunday, 2 Jun 2019 11:30pm EDT 

June 3 (Reuters) - Tata Steel Ltd ::NCLT APPROVES RESOLUTION PLAN SUBMITTED BY CO FOR BUYING CONTROLLING STAKE OF BHUSHAN ENERGY LIMITED.TATA STEEL BSL ('TSBSL'), SUBSIDIARY OF TATA STEEL, WILL CARRY OUT ACQUISITION OF BEL BY IMPLEMENTING RESOLUTION PLAN APPROVED BY NCLT.  Full Article

Major Explosions Heard At Port Talbot, Tata Steel - ET Now
Thursday, 25 Apr 2019 11:56pm EDT 

April 26 (Reuters) - :MAJOR EXPLOSIONS HEARD AT PORT TALBOT, TATA STEEL - ET NOW.  Full Article

Tata Steel Works Council Not Supporting Antitrust Remedy Proposal
Wednesday, 10 Apr 2019 12:10pm EDT 

April 10 (Reuters) - Tata Steel's European Works Council::TATA STEEL'S EUROPEAN WORKS COUNCIL SAYS NOT SUPPORTING ANTITRUST REMEDY PROPOSAL BY THYSSENKRUPP, TATA TO EU COMMISSION.TATA STEEL'S EUROPEAN WORKS COUNCIL SAYS DEMANDS MEETING WITH SHAREHOLDERS TO DISCUSS ANTITRUST REMEDIES.TATA STEEL'S EUROPEAN WORKS COUNCIL SAYS WILL CONTINUE SUPPORT OF JOINT VENTURE ONLY IF IN THE BEST INTERESTS OF THE WORKFORCE AT ALL OUR SITES.  Full Article

Tata Steel Says Co & Thyssenkrupp Submitted Solutions To European Commission For Proposed European Steel JV
Wednesday, 3 Apr 2019 04:14am EDT 

April 3 (Reuters) - Tata Steel Ltd ::ON APRIL 1, CO & THYSSENKRUPP SUBMITTED COMPREHENSIVE PACKAGE OF PROPOSED SOLUTIONS FOR THE PROPOSED EUROPEAN STEEL JV TO EUROPEAN COMMISSION.CONTINUE TO ENGAGE IN CONSTRUCTIVE DIALOGUE WITH EUROPEAN COMMISSION, BELIEVE PROPOSALS ADDRESS CONCERNS.SAYS "STILL VERY MUCH SUPPORT THE INDUSTRIAL LOGIC OF THE JOINT VENTURE".  Full Article

Thyssenkrupp Confident On Tata Steel JV Despite Brussels' Doubts
Monday, 18 Feb 2019 04:12am EST 

Feb 18 (Reuters) - Thyssenkrupp AG ::COMPANY RECEIVED EU COMMISSION'S STATEMENT OF OBJECTIONS ON JV WITH INDIA'S TATA STEEL.EU COMMISSION'S STATEMENT OF OBJECTIONS IS NO SURPRISE, STILL HOPE TO CLOSE TRANSACTION WITH TATA BY SPRING.  Full Article

Tata Steel Says Unit T S Global Holdings To Divest Entire Stake In NatSteel Holdings, Tata Steel Thailand
Monday, 28 Jan 2019 12:44am EST 

Jan 28 (Reuters) - Tata Steel Ltd ::UNIT T S GLOBAL HOLDINGS EXECUTED DEFINITIVE AGREEMENTS TO DIVEST ITS ENTIRE EQUITY STAKE HELD IN NATSTEEL HOLDINGS & TATA STEEL THAILAND.TO DIVEST ITS STAKE TO A COMPANY IN WHICH 70 PERCENT EQUITY SHARES WILL BE HELD BY ENTITY CONTROLLED BY HBIS GROUP.DEAL FOR $327 MILLION AND 30 PERCENT STAKE IN ENTITY HELD BY HBIS GROUP AND TSGH ON 70/30 BASIS.  Full Article

Tata Steel Says Andreas Goss To Be CEO Of Planned European Steel JV With Thyssenkrupp
Monday, 17 Dec 2018 06:30am EST 

Dec 17 (Reuters) - Tata Steel Ltd ::THYSSENKRUPP AND CO ANNOUNCE EXECUTIVE LEADERSHIP FOR THE PLANNED EUROPEAN STEEL JOINT VENTURE BETWEEN THE TWO COMPANIES.ANDREAS GOSS TO BE CEO OF JV AND CHAIR MANAGEMENT BOARD OF THYSSENKRUPP TATA STEEL B.V.HANS FISCHER, CURRENTLY THE CEO OF TATA STEEL EUROPE, WILL BE THE DEPUTY CEO & CHIEF TECHNOLOGY OFFICER OF JOINT VENTURE.SANDIP BISWAS IS THE DESIGNATED CHIEF FINANCIAL OFFICER OF JV.PLANNED TO ANNOUNCE THE NEXT MANAGEMENT LEVEL FOR THE JOINT VENTURE EARLY IN THE NEW YEAR.  Full Article

India's Tata Steel Sept-Qtr Consol Profit Rises Over Three-Fold
Tuesday, 13 Nov 2018 08:09am EST 

Nov 13 (Reuters) - Tata Steel Ltd ::SEPT QUARTER CONSOL NET PROFIT 31.16 BILLION RUPEES VERSUS PROFIT OF 10.18 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR SEPT QUARTER CONSOL NET PROFIT WAS 22.47 BILLION RUPEES.SEPT QUARTER CONSOL TOTAL REVENUE FROM OPERATIONS 435.44 BILLION RUPEES VERSUS 324.64 BILLION RUPEES LAST YEAR.SEPT QUARTER STANDALONE NET PROFIT 32.68 BILLION RUPEES VERSUS PROFIT OF 12.94 BILLION RUPEES LAST YEAR.  Full Article

Thyssenkrupp says developments will not affect planned JV with Tata Steel
Thursday, 8 Nov 2018 12:53pm EST 

Nov 8 (Reuters) - Thyssenkrupp ::BOARD MEMBER, IN LETTER TO EMPLOYEES, SAYS THE CURRENT DEVELOPMENTS WILL NOT HAVE ANY IMPACT ON THE INTENDED PARTNERSHIP WITH TATA STEEL EUROPE <<>>.  Full Article

Tata Steel To Continue Talks With European Commission On JV With Thyssenkrupp
Wednesday, 31 Oct 2018 04:09am EDT 

Oct 31 (Reuters) - Tata Steel Ltd ::SAYS TATA STEEL TO CONTINUE DISCUSSIONS WITH EUROPEAN COMMISSION ON PROPOSED JOINT VENTURE WITH THYSSENKRUPP."COMMITTED TO CONTINUED CONSTRUCTIVE ENGAGEMENT WITH THE EC IN THE FOLLOWING MONTHS AS PART OF THE NEXT PHASE OF THIS REVIEW PROCESS".  Full Article

Indian shares falter; tariffs on U.S. goods stoke trade war fears

June 17 Indian shares fell on Monday, dented by losses across sectors, after the country slapped higher tariffs on certain U.S. products in retaliation to Washington's decision to remove certain trade privileges for New Delhi.