Bimlendra Jha

Tata Steel speciality business would immediately give an outlet to recycle domestic scrap, said Sanjeev Gupta, Executive Chairman, Liberty House Group.

Close of pension scheme to help de-risk biz: Tata Steel UK chief

In conversation with CNBC-TV18, Bimlendra Jha, CEO of Tata Steel UK, said the company is trying to launch consultation process to close the British Steel Pension scheme to future accrual and it will start next week.

Govt have to do more to help Tata find buyer for UK assets: CEO

Bimlendra Jha told a committee of British lawmakers that there were "structural disadvantages" in the steel industry in Britain which made production unprofitable - something, he said, that had forced the company to put its assets up for sale.

Tata Steel UK not willing to split up assets to secure sale:CEO

Tata Steel is not prepared to split up its main British assets, such as its Port Talbot steel plant, as part of a plan to divest its UK steelmaking operations, UK CEO Bimlendra Jha told a committee of lawmakers on Thursday.

Tata Steel continues to hunt for Port Talbot plant's buyer

CNBC-TV18 learns that the Bombay headquartered group has extended the deadline for prospective bidders till Friday as no concrete offers have been submitted so far.

Tata Steel Europe committed to seeking all credible options

The steelmaker declined to reveal whether it has received any proposal for a management buyout of its Port Talbot plant, the largest steel-making facility in Britain.

Tata Steel completes UK business move

Hundreds of Tata Steel workers on Teesside in the north-east of England will effectively come under new management with the latest development. The new Scunthorpe-based business, which employs 750 workers, will be led by Bimlendra Jha, executive chairman of the Tata Steel board.