From feedburner.com
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"This is the first big step that the Indian industry has taken in the international marketplace and equipped itself as a global player. The underlying driver for the acquisition was that, if you are hungry for growth, you look at national and overseas boundaries."
- Rata Tata, patriarch and chairman of the Tata Group
"The Corus acquisition fits in with Tata Steel's strategy of achieving global reach in Europe and synergies with low-cost intermediaries in India."
- Tata Group spokesperson a press conference in Mumbai on Jan. 31
Source: http://www.msnbc.msn.com/id/16924629/
London: Corus Group, the European unit of India’s Tata Steel, will mothball the blast furnace and some coke ovens at its Teesside plant in Britain and cut 1,700 jobs after a group of four customers stopped buying metal.
- Steelmaker Corus To Cut 1,700 Jobs In England (story.indiagazette.com)
- Corus to lay off 1,700 steelworkers in England, blames customer for... (static.canadaeast.com)
- Corus to lay off 1,700 steelworkers in England (rss.canoe.ca)
Tata Steel's European arm Corus today said it will halt operations at some of its facilities at its Teesside Cast Products (TCP) business in the UK by next month, rendering as many as 1,700 people jobless.
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From business-standard.com
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http://www.companiesandmarkets.com/Summary-Company-Profile/tata-steel-financial-and-strategic-analysis-review-188763.asp
Tata Steel - Financial and Strategic Analysis Review
Summary
Tata Steel - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Tata Steel. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key...
From pr-inside.com
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- Outside the Box: Tata Steel, Tata Motors seek recovery (marketwatch.com)
- Nifty strong; RIL, ONGC, ITC, ICICI Bank, Tata Steel lead (moneycontrol.com)
- TATA and CSN set to become stakeholders in Riversdale Mining (search.msn.com)
Tata Steel is looking for joint venture partners to run its Teesside plant in England, according to Mr Kirby Adams, CEO of Tata-Steel Europe. The plant belongs to Anglo-Dutch steelmaker Corus, which Tata Steel acquired two years ago. The plant had run into trouble early this year after a consortium of buyers, which had committed to buy nearly 80 per cent of the Teesside plant output, terminated the contract. The loss before interest...
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From blogger.com
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Linz, Austria, Since end of September 2009, the re-built blast furnace 'C' at Tata Steel Ltd´s Jamshedpur works India has been operating with Siemens new Simetal Gimbal Top charging systems. Tata Stee...
From webwire.com
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- Tata Steel among major gainers (moneycontrol.com)
- Tata Steel loses shine on weak numbers (business-standard.com)
- Tata Steel posts loss of Rs 2720cr on low price (story.indiagazette.com)
Corus Tubes, a subsidiary of Tata Steel, has gained American Petroleum Institute (API) 5LD accreditation for the manufacture of its corrosion-resistant clad pipeline at its Hartlepool 42in mill.
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From rss.feedsportal.com
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Turnover at TATA Steel Thailand was higher by 28% QoQ to INR 817 crores in Q2 as compared to Q1. EBITDA was up by 1960% QoQ to INR 82 crores in Q2. Finished steel production at TATA Steel Thailand for Q2 was higher by 17% QoQ to 0.31 million tonnes ...
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From search.msn.com
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