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Reuters
July 10, 2016
\"The bids have also been reviewed in the light of the uncertainties caused by the UK referendum and the outcome of the UK Government's consultation on the British Steel Pension Scheme,\" the firm said in a statement.


PTI
London, July 8, 2016
The steel major is expected to proceed with the sale of its speciality steel making business, which employs 2,000 employees in the sites of Hartlepool.


PTI
New Delhi, July 7, 2016
Tata Steel may \"pause\" its plans to sell off most of troubled UK units, including the mammoth Port Talbot steelworks in Wales, as Britain's business minister is set to hold talks with the senior management of the Indian steel giant in Mumbai to achieve a long-term solution.


PTI
London, July 4, 2016
The Mumbai-headquartered steel giant had announced plans to auction its Port Talbot steelworks in Wales earlier this year.


PTI
London, June 3, 2016
Tata Steel is believed to be close to striking a deal with the UK government to keep its British steelworks rather than sell it off, which would secure the future of 11,000 workers, UK media reports said on Friday.


PTI
London, May 30, 2016
Tata Steel may still hold on to its UK steelworks and their proposed sale may be put off after a personal intervention by Prime Minister David Cameron who is keen on averting the collapse of Britain's steel industry ahead of the EU referendum, a media report said on Sunday.


PTI
London, May 27, 2016
Seeking to overcome the biggest stumbling block in securing a deal for Tata Steel, the UK government on Thursday unveiled a unique pensions compromise scheme to secure the sale of the Indian conglomerate's loss making UK assets and save thousands of jobs.


PTI
New Delhi, May 10, 2016
Tata Steel UK's assets include Port Talbot plant in south Wales, UK's largest with around 4,000 workers, as well as sites at Newport, where more than 1,300 people are employed, and Rotherham, which employs 1,200.


PTI
London, May 4, 2016
The bid is based on Liberty's 'Greensteel' business model and would involve a transition from steelmaking in blast furnaces to recycling steel in electric arc furnaces over time.


PTI
London, May 2, 2016
Indian-origin businessman Sanjeev Gupta's Liberty House group has confirmed that it will be submitting its bid for Tata Steel's loss-making UK businesses by tomorrow, according to a media report.


PTI
London, April 29, 2016
Tata Steel UK \"cannot continue to bleed\" from its loss making steel units in the country and a buyer needs to be found soon, the company's CEO Bimlendra Jha told a British parliamentary committee.


PTI
London, April 25, 2016
The UK government's plans to offer a support package to save Tata Steel's UK operations will meet European Union (EU) rules on state aid, Business Secretary Sajid Javid said on Sunday, insisting any deal would not be a bailout or nationalisation.


BT Online
New Delhi, April 22, 2016
Shares of Tata Steel gained over 2 per cent after The UK government announced it is willing to acquire 25 per cent stake in Tata Steel's UK operations to help potential buyers eyeing ownership of the steel major's loss-making plants.


PTI
London, April 21, 2016
The money \"worth hundreds of millions of pounds\" is being put up jointly by the UK and Welsh governments and will be made available to potential buyers as part of a support package for the crisis-hit steel industry, according to the business department in London.


PTI
London, April 21, 2016
The steelmaker declined to reveal whether it has received any proposal for a management buyout of its Port Talbot plant, the largest steel-making facility in Britain.


BT Online
New Delhi, April 20, 2016
Domestic markets were little changed after hitting their highest level in more than three months earlier in the session, as TCS fell on weaker-than-expected margins, while Asian equities languished following a drop in crude.


By Nevin John
Delhi, April 21, 2016
Nine years ago, Tata Group shelled out $12 billion to pick up Corus - its biggest purchase till date. Now it is exiting at a huge loss. The distress sale is a dream turned sour for the group that made India's biggest overseas acquisition at the peak of the commodities supercycle.


PTI
Mumbai, April 12, 2016
Shares of Tata Steel fell by almost 4 per cent, a day after the company kickstarted the sale of its cash-guzzling UK arm with divestment of Long Products Europe business to investment firm Greybull Capital for a nominal amount of 1 pound.


PTI
London, April 12, 2016
\"I've been in contact with potential buyers, making clear that the government stands ready to help. This includes looking at the possibility of co-investing with a buyer on commercial terms,\" Javid told the House of Commons.


PTI
London, April 7, 2016
Facing intense pressure from labour unions and opposition parties, the British govt air-dashed its Business Minister to Mumbai for a marathon meeting with Tata Group Chairman chief Cyrus Mistry.


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