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The Latest Breaking News from TATA

British steel industry braces for 2,500 job cuts at Port Talbot in government deal

Details of taxpayer-funded rescue plan for Tata-owned south Wales plant are expected on Wednesday

The Guardian - UK

Rs 580 cr of public money, but Noida’s largest multilevel parking is now a private godown

Despite Rs 580 crore of public money being used to construct an eight-storey parking facility, including a basement, in Noida, only 10 percent of it is open to the public. Most of it is being used as a warehouse by dealers of major automobile brands, from MG to Tata.

Newslaundry

Uncertainty over Port Talbot’s future ‘causing supply chain job losses’

Wales secretary says Tories should have prepared for workforce cuts resulting from switch to electric arc furnace

The Guardian - UK

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Steelmakers fire up to swap centuries-old reliance on coal for electric arc furnaces

As Tata Steel and British Steel close their polluting blast furnaces, will Labour get behind the switch to more energy-efficient technology – and secure jobs?

The Guardian - UK

UK will press for job promises in return for Port Talbot investment

New business secretary Jonathan Reynolds confirms that negotiations with owner Tata Steel are continuing

The Guardian - UK

Starmer will have ‘no honeymoon period’ warns boss of UK’s biggest union

Keir Starmer’s new Labour government is facing an immediate challenge from the trade unions on the left to tear up his promises over economic stability

The Independent UK

Unite chief puts immediate pressure on Rachel Reeves to change fiscal rules

Sharon Graham says new chancellor has ‘not got time to wait for growth’ and needs to borrow to invest

The Guardian - UK

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Thames, Tata, Shein – it won’t be business as usual for Labour’s Jonathan Reynolds

The new business secretary will have big calls to make within a few days of sitting down at his desk

The Guardian - UK

Tata cancels early closure of Port Talbot furnaces after Unite calls off strike

Steelworks owner says withdrawal of threat of industrial action means it can continue to operate one furnace safely

The Guardian - UK

Owner of Port Talbot steelworks offers fresh talks as furnaces face closure

Sources say Tata offer is predicated on unions at south Wales site agreeing to suspend future industrial action

The Guardian - UK

Labour urged to step in over Tata’s plans to close steelworks days after election

Owner of plants in south Wales says it could cease operations at blast furnaces in response to strike action

The Guardian - UK

Tata to close Port Talbot plant early due to strike action

Unite says upcoming walkout at the plant, which was set to close in September, is ‘for the future of the steel industry’

The Guardian - UK

Tata set to shut down steel plant early because of Unite strike

Company brings forward blast furnace closure and launches legal action against union ballot

The Independent UK

China-owned British Steel said to have requested £600m of taxpayer support

Company is looking for help from next government to upgrade to less polluting technology

The Guardian - UK

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Golf Monthly

Protestors Target DP World Tour's KLM Open As Start Delayed

Tee times at the KLM Open were delayed by two hours due to an Extinction Rebellion protest at the golf course

The Guardian - UK

Steelworkers to strike over Tata’s plans to cut 2,800 jobs in south Wales

Unite members in Port Talbot and Llanwern to stage first strike in 40 years, which union says will hit UK operations

TV Tech

Tata Communications Inks Five-Year Host Broadcasting Services Deal with World Athletics

The World Athletics Championships taking place in Sept. of 2025 regularly draw a global viewing audience of one billion people

The Guardian - UK

Tata claims steelmaking in south Wales at risk if £500m subsidy is delayed

Shadow business secretary calls on Indian company to restart talks with potential Labour government

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The Guardian - UK

Union plans to escalate action over job losses at two steelworks in Wales

Unite move comes after Tata, which owns Port Talbot and Llanwern plants, threatened to cut redundancy pay

The Guardian - UK

Tata agrees Port Talbot deal with National Grid despite union criticism

New furnaces will be powered by electricity from 2027 but up to 2,800 workers will be made redundant

InsideEVs

India's Tata Nexon EV Is A Simple, Affordable Solution To A Complex Problem

The 2024 Tata Nexon EV is spearheading the EV revolution in India, one of the world’s most polluted countries.

The Guardian - UK

Tata Steel rejects union plan to save jobs and keep Port Talbot furnace open

Rejection of plan to keep one blast furnace open while building electric replacement ends hopes of avoiding as many as 2,800 job losses

Dynamite News

Benchmark indices open in red after 3-day rally

Stock market indices opened on Thursday in decline after a three-day rally. The Nifty 50 index declined 60 points to 22,341 at the opening trading session today while the Sensex slumped 190 points to 73,663. Read further on Dynamite News:

InsideEVs

Tesla Wants To Pivot To Robotaxis. It Still Won't Answer One Key Question

Today on Critical Materials: Tesla's robotaxi liability, Nissan picks up gigacasting and solid-state batteries, plus Tesla and Tata strike a deal.

Kiplinger

Nepo Baby Billionaires: Forbes' Youngest Are All Heirs

There are no self-made billionaires under the age of 30 on Forbes' list of the world's richest, for the first time in 15 years.

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