Skip to content
Search

Latest Stories

Submit Guest Post

Tata Steel UK’s Chief Executive Bimlendra Jha Resigns

TATA STEEL UK’s chief executive officer Bimlendra Jha has reigned, media reports said.

Tata Steel UK is a unit of Tata Steel Europe, and has operations in the UK, Sweden, and Canada.


Jha was at the helm of the company since 2016. He was also an executive director on the board of Tata Steel Europe, and a member of the executive committee.

Jha joined Tata Steel as a engineering graduate trainee in 1990, after completing his degree from Banaras Hindu University.

In 2010, he was elevated as vice president, long products, and later he was shifted to the European operations. Later he was appointed as executive chairman, long steel, UK.

Jha was reportedly reluctant to disclose his future plan soon after his resignation. However, he said that he would return to India and accept a new role.

Tata Steel is set to merge its European business with German steel giant Thyssenkrupp AG to create a 50-50 joint venture. The proposed venture will be called ThyssenKrupp Tata Steel and headquartered in Amsterdam.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

First time buyer loan income cap

Labour’s Your First Home scheme aims to help first-time buyers get on the property ladder with smaller deposits

iStock

Teachers and nurses among middle earners targeted by Labour’s new home loan scheme

Highlights

  • Households earning below £110,000 outside London and £140,000 in the capital are expected to qualify for the scheme.
  • Buyers could purchase eligible new-build homes with deposits as low as 2.5 per cent, supported by government-backed equity loans.
  • The scheme is intended to help middle-income households while supporting housebuilding, but its final eligibility rules are yet to be confirmed.

Teachers, nurses and other middle-income households could be among those eligible for Labour’s new first-time buyer scheme, which is expected to set annual household income limits of £110,000 outside London and £140,000 in the capital.

Keep ReadingShow less