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The Latest Breaking News from TATA

Tata Steel Axes UK Jobs As Industry Forges Green Future

Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry struggles to finance greener production of the metal.

International Business Times

‘Devastating’: Port Talbot steelworks to shut blast furnaces and shed up to 2,800 jobs

Tata confirms shutdown and unions threaten strikes at the plant amid fury in south Wales community

The Guardian - UK

Port Talbot steelworks owners expected to confirm blast furnace shutdown

Union representatives protest over ‘crushing blow’ to workers and industry, with 3,000 jobs at risk

The Guardian - UK

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Tata Steel To Cut 3,000 Jobs In Wales: Source

Indian-owned Tata Steel is to cut about 3,000 jobs at a plant in Wales, a source said Thursday, as the industry struggles to finance greener production of the metal.

International Business Times

Tata Steel to shut down Port Talbot blast furnaces, putting 3,000 jobs at risk

Firm rejects union plan, leaving UK on course to become only major economy unable to make steel from scratch

The Guardian - UK

Tata Steel to confirm shutdown of Port Talbot blast furnaces, sources claim

Move by Tata could put thousands of jobs in south Wales at risk and end more than a century of steelmaking

The Guardian - UK

Ambani, Adani and Tatas line up fresh investments in Gujarat

Remaining highly bullish on India's growth story, top business leaders Mukesh Ambani, Gautam Adani, and N Chandrasekaran committed more investments in Gujarat on Wednesday to further grow their presence in the coastal state. Read further on Dynamite News:

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‘A golden opportunity’: Port Talbot fights to keep its steelmaking tradition alive

Tata’s plan for greener steel would see a four-year shutdown in Wales but unions and locals are adamant there is another way

The Guardian - UK

Telangana to rope in Tata Technologies for upgrading govt. ITIs

Telangana govt. to upgrade ITIs with Tata Technologies to improve employability of youth with ₹2,000 crore funding.

The Hindu

Jaguar Land Rover begins road testing electric Range Rover prototypes

New iteration of flagship vehicle is JLR’s first foray into building electric cars in UK

The Guardian - UK

4 Travel Stocks Building Momentum for December Gains

The travel industry has witnessed a significant rebound in the post-pandemic era and is projected to surge further due to sustained demand for leisure travel. To that end, it could be wise to add fundamentally strong travel stocks Air Canada (ACDVF), Cathay Pacific Airways (CPCAY), International Consolidated Airlines (ICAGY), and…

StockNews.com

Apple's Production In India To Get A Boost With Tata Group's New iPhone Assembly Plant

Tata Group is looking to construct the factory in the southern state of Tamil Nadu. The Indian conglomerate presently oversees an iPhone manufacturing unit that it took over from Taiwanese supplier Wistron in the southern Indian state of Karnataka.

International Business Times

Analyzing December Profit Potential for the Top 4 Airline Stocks on Wall Street

The global airline industry thrives amid the adoption of growth-driving disruptive technologies and the evolution of passenger-centric trends. Hence, fundamentally strong airline stocks International Consolidated Airlines (ICAGY), Deutsche Lufthansa (DLAKY), Cathay Pacific Airways (CPCAY), and Air Canada (ACDVF) might be solid investments for December. Read more….

StockNews.com

Unions reveal plan to safeguard Port Talbot steel plant and protect jobs

Community and the GMB said their proposal would secure a just transition for the workforce and owner Tata Steel UK.

The Independent UK

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The Hindu

BMTC gets first set of non-AC electric buses from Tata Motors

The Bengaluru Metropolitan Transport Corporation (BMTC) has received the first set of non-AC electric buses from Tata Motors, a commercial vehicle manufacturer, which are likely to be operational soon.

The Guardian - UK

UK faces ‘gigafactory gap’ that could stifle its EV industry, say MPs

Business committee tells government it must get more investment into sector to avert decline

The Guardian - UK

Unions tell Tata Steel UK steelmaking is at risk if blast furnaces closed

Union leaders make last-ditch attempt to avert job cuts and massive hit to local economy in south Wales

The Independent UK

Unions present Tata with alternative plan aimed at saving jobs at steel plant

Tata Steel wants to decarbonise its site at Port Talbot in South Wales under moves to safeguard its future.

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The Guardian - UK

Large parts of Port Talbot steelworks could be shut under Tata Steel cuts plan

Unions say move could force Tata’s automative steel factory at Llanwern to close, costing 600 jobs

The Guardian - UK

Iron resolve: steel town unites to fight for its furnaces

As Scunthorpe faces 2,000 job losses in a move to greener tech, MPs and unions fear for workers and a strategic UK industry

The Guardian - UK

Port Talbot workers in limbo as Tata Steel pulls job loss announcement

Staff had been braced for up to 3,000 job cuts and confirmation of the closure of two blast furnaces

The Hindu

West Bengal government mulling legal options as Opposition chides govt. over Tata Motors arbitral win

West Bengal govt. mulls legal options after Tata Motors win in arbitral proceedings; Opposition parties attack govt.; Tata Motors can recover ₹765.78 crore plus interest from WBIDC; Trinamool Congress govt. faces criticism\

The Hindu

Morning Digest | Israel expands ground operations in Gaza; Parliamentary panel on Home holds back report on crime Bills, and more

Read a daily selection of top stories from across India and the world by The Hindu to start your day

The Independent UK

Starmer says he will set aside party politics ‘to turn around steel industry’

The Labour leader made the vow as the industry faces painful job cuts as part of the drive to lower emissions

The Independent UK

Sir Keir Starmer vows to put party politics aside to make UK a leader in steel

The Labour leader made the vow as the industry faces painful job cuts as part of the drive to lower emissions.

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