Steel major Tata Steel Ltd on Tuesday (February 25) said it has acquired 78.85 million ordinary equity shares for $1.24 billion (around ₹10,727 crore) from its wholly owned subsidiary, T Steel Holdings Pte Ltd. (TSHP). The investment, made on February 25, 2025, will be used to repay external debt in Tata Steel’s offshore subsidiaries and […]
Tata Steel secures approval for £1.25 billion electric arc furnace in Port Talbot – CNBC TV18
Steel major Tata Steel Ltd on Tuesday (February 18) said Neath Port Talbot Council Planning Committee has approved Tata Steel UK’s proposal to install a state-of-the-art Electric Arc Furnace (EAF) in Port Talbot. Company Value Change %Change Backed by £500 million from the UK Government, the project aims to preserve 5,000 jobs and significantly reduce […]
Tata Steel files curative petition with Supreme Court over tax imposition on mineral-rich land – CNBC TV18
Steel major Tata Steel on Friday (January 17) said it has filed a curative petition with the Supreme Court of India today (January 17), seeking the invocation of extraordinary jurisdiction concerning the tax imposition on its mineral-bearing land in Odisha. Company Value Change %Change “…we wish to inform you that, the company has today i.e., […]