UK plans unique pensions deal for Tata Steel UK
Seeking to overcome the biggest stumbling block in securing a deal for Tata Steel, the UK government today unveiled a unique pensions compromise scheme to secure the sale of the Indian conglomerate's loss making UK assets and save thousands of jobs.
May 26, 2016, 19:23 PM ISTGovt not considering more steps to check steel import: Nirmala
The Commerce and Industry Ministry is not in favour of more steps to check import of cheaper steel.
Apr 04, 2016, 17:34 PM ISTSanjeev Gupta keen on acquiring Tata Steel's Port Talbot plants
UK-based Indian steel tycoon Sanjeev Gupta has come to the rescue of the troubled Tata Steel by opening discussions with owners of the steel giant to acquire its plants at Port Talbot, Britain's largest employing some 4,000 people
Apr 03, 2016, 19:04 PM ISTGovt imposes 20% safeguard duty on select steel products
Government Monday imposed provisional safeguard duty of 20 percent on import of certain categories of steel with a view to protect domestic producers from recent surge in inward shipments, Finance Minister Arun Jaitley said.
Sep 14, 2015, 21:34 PM ISTGovt raises import duty on selected steel products by 2.5%
In a much needed relief for domestic producers, the government has increased the basic customs duty (BCD) on certain long and flat steel products by 2.5 percent.
Jun 17, 2015, 18:31 PM ISTDouble whammy for steel firms: Rising imports, dipping exports
Facing a double whammy of rising imports and declining exports, domestic steel manufacturers are fearing further squeeze in their margins in a stubbornly subdued domestic market.
Jan 11, 2015, 17:16 PM ISTSteel cos competitive enough to counter surge in imports: SAIL
Allaying apprehensions of rising steel imports, state-run SAIL Sunday said capacity expansion of almost all steel-makers indicate that the domestic industry is resilient and competitive enough to balance it out with proportionate exports.
Dec 07, 2014, 16:49 PM IST