Tata Steel has offered to meet unions for fresh talks on the condition strike action in south Wales is called off. In a letter to the UK Steel Committee, which represents the Community, Unite and the GMB unions, the company is believed to have offered to discuss future investment in Port Talbot. But the unions […]
Tag: Tata
India’s Tata Motors sinks most in 2 years on JLR margin concerns, demand worries
BENGALURU (Reuters) – India’s Tata Motors’ shares fell 8% on Monday, their biggest slide in over two years, over concerns of muted margin growth at its Jaguar Land Rover division, while the unit said it would have to ramp up spending amid slowing global demand. The company’s stock slid the most since February 2022. They […]
Tata won’t change mind on job cuts, Gething says
Tata Steel is not changing its position on its plans for thousands of job losses, mostly in Port Talbot, First Minister Vaughan Gething has said. After meeting senior executives in Mumbai, Mr Gething said the “only way to shift their position realistically is if there was a different UK government”. But the Welsh Conservatives said […]
Talks over Tata steel plans have broken down, say unions
Unions representing workers at steel giant Tata say talks with the company over its plans to shut down blast furnaces at its biggest plant have broken down. Community, the GMB and Unite said in a joint statement that the company was “completely disregarding” the impact of its plans on the workers and local communities. Tata […]
Welsh first minister to go to India for Tata talks
Tesla Quietly Signed Deal With India’s Tata Electronics To Source Chips: Report
Tesla Quietly Signed Deal With India’s Tata Electronics To Source Chips: Report This story was first published on the Benzinga India portal. Electric vehicle giant, Tesla Inc. (NASDAQ: TSLA), has reportedly entered into a strategic agreement with Tata Electronics to source semiconductor chips for its worldwide operations, signifying the company’s increasing focus on the Indian […]
India’s Tamil Nadu in $4.4 billion deals with investors such as Tata, Pegatron
By Praveen Paramasivam CHENNAI (Reuters) -India’s southern state of Tamil Nadu has signed investment pacts worth more than $4.39 billion with firms such as Apple suppliers Tata Electronics and Pegatron, as well as auto major Hyundai Motors, it said on Sunday. Apple is counting on India as the next big driver of its growth as […]