{"id":9638,"date":"2020-07-27T09:21:11","date_gmt":"2020-07-27T09:21:11","guid":{"rendered":"https:\/\/bengalnewstimes.com\/?p=9638"},"modified":"2020-07-27T09:21:11","modified_gmt":"2020-07-27T09:21:11","slug":"tata-steel-zooms-as-it-proposes-1b-plan-to-uk-govt-for-port-talbot-stake","status":"publish","type":"post","link":"https:\/\/bengalnewstimes.com\/?p=9638","title":{"rendered":"Tata Steel zooms as it proposes \u00a31B plan to UK govt for Port Talbot stake"},"content":{"rendered":"<p><\/p>\n<div>\n<div style=\"display: inline; text-align: justify;\">\n\t<img decoding=\"async\" alt=\"An employee sits in a railway train cabin at the steel works operated by Tata Steel in Port Talbot. Bloomberg\" class=\"imgCont\" src=\"https:\/\/content.indiainfoline.com\/_media\/iifl\/img\/article\/2018-11\/13\/full\/1542120407-4341.jpg\" style=\"margin: 5px; float: left; width: 350px; height: 233px;\" title=\"Tata Steel\"\/><\/div>\n<div style=\"text-align: justify;\">\n\tInvestors had positive sentiments towards\u00a0<a href=\"https:\/\/www.indiainfoline.com\/Company\/Tata-Steel-Ltd\/566\">Tata Steel<\/a> stock on Monday, after a media report claimed that company has sent a proposal to the UK government for taking a big stake in its British arm and preserve long-term future of Port Talbot steelworks which is situated in South Wales.<\/p>\n<p>According to SkyNews report, Tata Steel has presented proposals to Whitehall in recent weeks aimed at securing a state injection of close to \u00a31B into its UK operations.<\/p>\n<p>Reportedly, Tata Steel&#8217;s Indian parent Tata Group will hand an equity stake of up to 50% to UK taxpayers &#8211; amounting to a semi-nationalisation of Britain&#8217;s largest steelmaker as it battles the impact of the coronavirus pandemic.<\/p>\n<p>The SkyNew report also further said, the talks are at a tentative, rather than the concrete, stage, and the structure of any deal, as well as the size of any financial contributions, remain far from being finalised.<\/p>\n<p>At around 2.29 pm, Tata Steel was trading at Rs350.95 per piece higher by 1.42% on Sensex. The stock has touched an intraday high and low of Rs353.40 per piece and Rs344.50 per piece, respectively.\u00a0<\/p>\n<\/div>\n<p>                                                    <!--start sk\n                                                    \n\n<div>\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-4 col-sm-5 col-xs-4\">\n\n<div class=\"loading large-image-loading \"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-4 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-5 col-sm-5 col-xs-5 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-7 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-4 col-md-4 col-sm-4 col-xs-4 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-6 col-md-6 col-sm-6 col-xs-6 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-7 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-5 col-md-5 col-sm-5 col-xs-5 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-7 col-md-8 col-sm-7 col-xs-7 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-10 col-md-10 col-sm-10 col-xs-10 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"col-lg-12 col-md-12 col-sm-12 col-xs-12 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"clearfix mb20\"><\/div>\n\n\n                                                        \n\n<div class=\"col-lg-10 col-md-10 col-sm-10 mb20 \">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                        \n\n<ul >\n                                                            \n\n<li class=\"col-lg-12 mb20\" >\n                                                                \n\n<div class=\"col-lg-4 col-md-4 col-sm-4  col-xs-4 mb10\">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                                \n\n<div class=\"col-lg-1 col-md-1 col-sm-1 col-xs-1  mb10 plr0\"><a href=\"\" class=\"btn btn-lblue_bdr btn-xs disabled btn-block\"><span class=\"fs11\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><\/a><\/div>\n\n\n                                                                \n\n<div class=\"col-lg-7 col-md-7 col-sm-7 col-xs-7  mb10\">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                                \n\n<div class=\" col-lg-10 col-md-10 col-sm-10 col-xs-10  mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                            <\/li>\n\n\n                                                            \n\n<li class=\"col-lg-12 mb20\">\n                                                                \n\n<div class=\"col-lg-2 col-md-2 col-sm-2 col-xs-2 mb10 pr0\"><a href=\"\" class=\"btn btn-xs disabled btn-block btn-green_bdr\"><span class=\"fs11\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><\/a><\/div>\n\n\n                                                                \n\n<div class=\"col-lg-10 col-md-10 col-sm-10 col-xs-10 mb10 \">\n\n<div class=\"loading large-line\"><\/div>\n\n<\/div>\n\n\n                                                                \n\n<div class=\" col-lg-6 col-md-6 col-sm-6 col-xs-6 mb10\">\n\n<div class=\"loading small-line\"><\/div>\n\n<\/div>\n\n\n                                                            <\/li>\n\n\n                                                        <\/ul>\n\n\n                                                        \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                    <\/div>\n\n\n                                                    \n\n<div class=\"clearfix\"><\/div>\n\n\n                                                    end sk-->\n                                                <\/div>\n<p><script>\n\/\/disclaimer popup hide\/show<\/p>\n<p>    $('#popup_mobile_reg').keypress(function (e) {\n        var mobileNumber = $(\"#popup_mobile_reg\").val();\n        var regex = new RegExp(\"^[0-9]+$\");\n        var str = String.fromCharCode(!e.charCode ? e.which : e.charCode);\n        if (regex.test(str)) {\n            if (mobileNumber.length <= 9) {\n                return true;\n            }\n        }\n        e.preventDefault();\n        return false;\n    });\n    $(document).ready(function () {\n        $(\".disclaimer_btn\").click(function () {\n            createCookie(\"disclaimer\", \"yes\", '365');\n        });\n        if (getCookie(\"disclaimer\") == 'yes') {\n            $('.cookies_div').css(\"display\", \"none\");\n            $('.cookie-bar').css(\"display\", \"none\");\n        } else {\n            $('.cookies_div').css(\"display\", \"block\");\n            $('.cookie-bar').css(\"display\", \"block\");\n        }\n        $(\"#checkbox-cb-id\").click(function () {\n            $(\"#main\").css('margin-top', '72px');\n        });\n    });\n    function createCookie(cookieName, cookieValue, daysToExpire)\n    {\n        var date = new Date();\n        date.setTime(date.getTime() + (daysToExpire * 24 * 60 * 60 * 1000));\n        document.cookie = cookieName + \"=\" + cookieValue + \"; expires=\" + date.toGMTString() + \"; secure;\";\n    }\n    function getCookie(name) {\n        var nameEQ = name + \"=\";\n        var ca = document.cookie.split(';');\n        for (var i = 0; i < ca.length; i++) {\n            var c = ca[i];\n            while (c.charAt(0) == ' ')\n                c = c.substring(1, c.length);\n            if (c.indexOf(nameEQ) == 0)\n                return c.substring(nameEQ.length, c.length);\n        }\n        return null;\n    }\n\n\n\n    \/*$('.foot_ga a').click(function() {        \n     var label = $(this).html();\n     var action = $(this).parent().attr(\"data-id\");\n     pushGoogleAnalytics('footer', action, label, 'event '+label);\n     });*\/\n\n\n\n    !function (f, b, e, v, n, t, s) {\n        if (f.fbq)\n            return;\n        n = f.fbq = function () {\n            n.callMethod ?\n                    n.callMethod.apply(n, arguments) : n.queue.push(arguments)\n        };\n        if (!f._fbq)\n            f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s)\n    }(window,\n            document, 'script', 'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n\n    fbq('init', '139439933088582');\n    fbq('track', \"PageView\");\n\n<\/script><br \/>\n<br \/><a href=\\\"https:\/\/www.indiainfoline.com\/article\/news-sector-metals-mining-minerals\/tata-steel-zooms-as-it-proposes-1b-plan-to-uk-govt-for-port-talbot-stake-120072700311_1.html\\\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investors had positive sentiments towards\u00a0Tata Steel stock on Monday, after a media report claimed that company has sent a proposal to the UK government for taking a big stake in its British arm and preserve long-term future of Port Talbot steelworks which is situated in South Wales. According to SkyNews [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9639,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[36],"tags":[],"class_list":["post-9638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-business"],"jetpack_featured_media_url":"https:\/\/bengalnewstimes.com\/wp-content\/uploads\/2020\/07\/1542120407-4341.jpg","_links":{"self":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/9638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9638"}],"version-history":[{"count":0,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/posts\/9638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=\/wp\/v2\/media\/9639"}],"wp:attachment":[{"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bengalnewstimes.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}