The restructuring exercise is part of a transition plan outlined in September 2023, when the Tatas secured a £500 million grant from the UK government to build a scrap-based electric arc furnace with a 3 million tonne capacity and close down coal-based blast furnace
It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration.
The line-up for the special event included the launch of Air Deccan s commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala s new book, Romance of Tata Steel.
There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel s legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.
Tata Steel sells NatSteel Holdings Pte Ltd for $172 million telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Tata Sons Power Move: A CEO For The First Time In Its History ndtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ndtv.com Daily Mail and Mail on Sunday newspapers.