Search result for 'uk operations'

UK govt supports Jaguar Land Rover with loan guarantee after cyber-attack. Bolsters cash reserves & protects jobs.

UK govt supports Jaguar Land Rover with loan guarantee after cyber-attack. Bolsters cash reserves & protects jobs.

Kajaria Ceramics has exited its plywood business due to continued losses. The company has fully impaired its investment and expects to close the business by June 2025.

Tata Steel's crude steel production increased by 6% to 5.68 million tonnes in Q3 FY25, driven by the commissioning of new blast furnaces at Kalinganagar. Deliveries in India also rose 8.4%...

Moody's maintains a stable outlook for Tata Steel, projecting improved earnings over the next two fiscal years. The rating agency expects EBITDA to rise significantly, driven by increased...

EET Fuels appoints Wood for front-end engineering of its hydrogen fuel switching project at Stanlow refinery, aiming to become the UK's first low carbon process refinery.

The UK government has allocated GBP 13.5 million to support Tata Steel's decarbonisation efforts, including retraining for workers and aid for affected businesses. The fund aims to secure a green...

Tata Steel's chairman discusses plans to support workers impacted by job losses at its Port Talbot plant in the UK, following a transition to a low-emission electric arc furnace. The company is...

Fitch Ratings downgraded Tata Steel's outlook to negative due to uncertainty surrounding its UK operations. However, strong growth in India and Dutch operations may offset losses.

Tata Steel workers in the UK are going on strike, the first in 40 years, protesting job cuts and blast furnace closures. The strike threatens to disrupt steel production in Wales.

Steelworkers in Wales are striking for the first time in 40 years, protesting Tata Steel's plans to cut jobs and close blast furnaces. The strike threatens to disrupt operations and impact the...

Tata Steel CEO T V Narendran says job cuts in the UK are unavoidable as the company transitions to a low-emission electric arc furnace (EAF) process. The move is expected to reduce production costs...

A steelworkers' union in the UK will take industrial action against Tata Steel's job cuts and blast furnace closure, calling for a halt until the new government takes over in July. The union says...

Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales, leading to over 2,800 job cuts. The decision comes after the company secured taxpayer cash for a transition to...