-
ALSO READ
Tata Motors' record Q3 loss brings back focus on group's foreign buys
Tata Steel, Thyssenkrupp set to get EU warning on steel JV: Report
Tata Steel Q3 profit up 54% to Rs 1,753 cr on the back of higher revenues
Tata Steel to continue talks with EU for Thyssen JV amid probe into deal
Favourable domestic realisations, deals to keep Tata Steel's prospects firm
-
Tata Steel UK CEO Bimlendra Jha, has resigned from the post, a source said.
Tata Steel UK is a unit of Tata Steel Europe which comprises European operations of the Indian steel major.
"Bimlendra Jha, the CEO of Tata Steel UK, has resigned. Ashish Anupam of NatSteel Holdings will be looking after the business," the source said.
The source, however, did not divulge information about the reason for resignation.
An email query sent to Tata Steel seeking comment over the resignation remained unanswered.
Tata Steel is in the process of merging its European operations with German steel major Thyssenkrupp AG to create a 50-50 joint venture.
The proposed new company, to be named ThyssenKrupp Tata Steel BV, headquartered in Amsterdam area, will be positioned as a leading pan-European high-quality flat steel producer with a strong focus on performance, quality and technology leadership.
In October 2018, the European Union launched an "in-depth investigation" to assess if Tata Steel's proposed joint venture with German steel giant ThyssenKrupp would breach the bloc's merger regulations and reduce competition.
RECOMMENDED FOR YOU