The Latest Breaking News from TATA

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

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:

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

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.

Two trade unions of Air India pilots joined cause with Vistara’s cockpit crew and said in a letter addressed to Tata Sons Chairman N Chandrasekaran that concerns over a revised pay structure and hectic rosters extended to all Tata Group airlines, where crew were being treated as “bonded labour”.

For the third consecutive year, the Tata Nexon has emerged as the largest-selling SUV in India, beating its Japanese and Korean rivals in FY24. The SUV has retained its numero uno position despite its sales taking a hit in August 2023 as the facelift model was about to be launched…

UK industrial towns offered not only well-paid jobs, but a whole working-class culture. A radical alternative is desperately needed, says former coalminer Keith Gildart

Exclusive: Sources close to Tata say thousands of steelworks redundancies would still go ahead despite promise of support

Labour says fallout from Tata decision to close blast furnaces at steelworks will be felt for decades

Employees believe closure of steelworks’ coke oven will accelerate end of blast furnaces, with loss of up to 2,800 jobs

Union condemns decision as ‘massive blow’ and comes after firm confirmed closure of blast furnaces by end of year