Skip to content
Search

Latest Stories

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.

More For You

IndiGo crisis

The crisis represents the gravest challenge in IndiGo's 20-year history.

Getty Images

India imposes airfare caps as IndiGo crisis cancels 385 flights

Highlights

  • Airline admits inadequate planning for new pilot duty regulations.
  • Maximum fares now set at $83 for short routes, $167 for medium distances.
  • Safety concerns raised over regulatory exemptions granted to IndiGo.

The Indian government imposed airfare caps on Saturday following widespread travel chaos caused by IndiGo's cancellation of 385 flights in a single day, leaving hundreds of passengers stranded at Bengaluru and Mumbai airports.

India's dominant carrier, which controls over 60 per cent of the domestic market, has grounded thousands of flights this week after acknowledging it failed to prepare adequately for new pilot duty regulations that came into force on November (1).

Keep ReadingShow less