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Hinting at consolidation and possible divestments of certain businesses which once defined the group, Tata said the conglomerate may look very different in the next decade, although the 150-year-old group will always strive to retain its culture.

Face of Tata group to change in next decade, Ratan Tata says

Thyssenkrupp steelworkers protest against Tata merger plan

Tata and Thyssenkrupp shares have firmed on hopes a merger would trigger European steel capacity cuts. Tata Steel UK, Britain`s top steelmaker, is seeking regulatory approval to spin off its 15 billion pound scheme into a standalone entity because Thyssenkrupp will not take on its pension liabilities in a tie-up.&nbsp;

Tata Steel, Thyssenkrupp merger talks face extensive delays

Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.

Tata Steel UK's pensions trustee warns deficit to surge

Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

The steel pension scheme is one of Britain's biggest, with 130,000 retired and working members.

Tata Steel may be close to pension deal

British steel workers face prospect of pension quick fix

Thyssenkrupp steel workers protest European biz merger plans with Tata Steel

EY said in a report published on Thursday steel firms took on debt as they fought for market share, notably the Chinese steel sector has added about a billion tonnes of capacity since 2000, helping to take global excess capacity to about 700 million tonnes.

Top steel firms' debt level totals record $150 billion

thyssenkrupp

"We expect to end the year with a turnover of around Rs 3,000 crore in the current fiscal, a 20 per cent increase over last year. Inflation has impacted costs by 8-10 per cent affecting margin," thyssenkrupp Industries Managing Director and CEO Vivek Bhatia said.

Aiming Rs 3,000 crore top line in FY23 amid inflationary headwinds: thyssenkrupp Industries India

Thyssenkrupp got a setback from the court. The European Commission had veto the Thyssenkrupp deal with Tata Steel. The European Commission had banned the merger with Thyssenkrupp. Watch this video for more details.

Breaking News: Thyssenkrupp Got A Setback From The Court

Kone ThyssenKrupp Merger: Kone has offered about 17 billion euros ($18.9 billion) for Thyssenkrupp`s elevator unit, the highest bid so far, drawing scepticism from one of the German group`s labour bosses who said price alone would not cut it. 

Kone ThyssenKrupp Merger: Kone offers $19 billion for Thyssenkrupp's elevator business

After the European Commission's move, Tata Steel-Thyssenkrupp JV is out and the Indian steel major is now working on a long-term sustainable European plan as an alternative. 

We are working on long-term sustainable European operations: Tata Steel CEO & MD TV Narendran

Tata Steel and Thyssenkrupp said on Friday they have decided against going ahead with their planned joint venture in Europe since it is unlikely to get the European Commission’s regulatory approval.

JV failure won’t impact Tata Steel’s India plans: Koushik Chatterjee

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ThyssenKrupp

Face of Tata group to change in next decade, Ratan Tata says

Thyssenkrupp steelworkers protest against Tata merger plan

Tata Steel, Thyssenkrupp merger talks face extensive delays

Tata Steel UK's pensions trustee warns deficit to surge

Tata Steel, Thyssenkrupp looking at reducing Port Talbot's capacity

Tata Steel may be close to pension deal

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