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The Latest Breaking News from TATA

Tata Steel boss defends decision to cut thousands of jobs at Port Talbot

TV Narendran says shareholders in Indian-listed firm had grown weary of billions of pounds being spent on plant

The Guardian - UK

Tata Steel ‘open to more UK investment’ despite Port Talbot job cuts

Exclusive: Steelworks owner to float possibility of new, smaller plant as it prepares to defend redundancies in Wales to MPs

The Guardian - UK

‘Hypocrisy’: Tata builds vast India furnace despite Port Talbot emissions claims

Owner says shutting Welsh blast furnaces will cut emissions, but it is opening a new one in India

The Guardian - UK

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Hundreds of millions of pounds extra investment needed in Tata steel, Welsh economy minister warns – as it happened

Rolling coverage of the latest economic and financial news, as steel workers head to parliament to press MPs over job cuts at Port Talbot

The Guardian - UK

Hafta letters: Native languages, employability, Tata controversy

New year greetings. I wish you more subscribers and improved journalism.

Newslaundry

The Guardian view on the Tory low tax, free trade pitch: a hard sell in a world that needs neither

Editorial: Jeremy Hunt has an almost religious belief that the invisible hand of the market works – even when it punches Britons

The Guardian - UK

Tata’s Port Talbot decision goes beyond Wales and even steel

Where is the analysis that a country of Britain’s size, with an ambition to reboot its energy sector, can do it without virgin steel?

The Guardian - UK

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‘It’s a betrayal’: Port Talbot anger over Tata Steel’s decision to close furnaces

Local people fear their home will become a ‘ghost town’ and draw parallels with devastated Welsh coal communities

The Guardian - UK

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

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

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Dynamite News

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:

The Guardian - UK

‘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 Hindu

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 Guardian - UK

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

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StockNews.com

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…

International Business Times

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.

StockNews.com

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….

The Independent UK

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 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

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