Two formal bids, including one by a team of former Tata Steel staff who have the backing of the Welsh government, have emerged to acquire the Indian steel gaint's loss-making
The UK government on Thursday announced it is willing to acquire 25 per cent stake in Tata Steel's UK operations to help potential buyers eyeing ownership of the Indian steel
Britain on Sunday changed its procurement rules to encourage public sector bodies to use British steel products as part of efforts to revive the country's ailing steel industry and save
Amidst fears that 15,000 jobs may be lost, the UK on Friday said it will appoint independent advisors once the sale of Tata Steel's UK business commences and, alongwith the
Shares of Tata Steel surged nearly 7 per cent on Wednesday after the company said it has put its entire UK business on the block amid a deepening crisis in
Rattled by Indian giant Tata Steel's move to sell its loss-making business in the UK, the British government on Wednesday said it was looking at "all options" including taking a
Private sector steel major Tata Steel will focus more on improving productivity rather than retrenching its workforce in view of the prevailing slump in the global steel sector.
Tata Steel is expected to announce hundreds of job cuts at its Port Talbot plant in Wales in a statement to the Indian Stock Exchange in Mumbai as early as
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