November 3, 2016

Tata Steel Share Price

   November 3, 2016

Tata Steel Share Price

Tata_Steel_Share_Price__Price_TMMChart.png

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Editor’s remarks:
It is no secret that Tata Steel is in turmoil starting with its loss-making UK ventures and the changing of its leadership from Mistry to former chairman Ratan Tata. Ratan has spared no time in trying to make changes, from making a deal with the Quebec Government to proposing changes on retirement packages with the UK Unions (who have rebuffed the proposals). There are also rumours of a shake-up in their entire upper management. The Tata family and the Pallonji family must now determine whether they wish to end their 80-year ties to satisfy both the next family investments and appease prospective investors of calm within the leadership. Mistry is arguing that he took over a company riddled with debt and seeing the performance of the Tata Steel share price, it would be hard to argue with his efforts to save it. The commitments of Tata in paying retirement packages will surely see the price dip again if Ratan cannot deliver in negotiations with UK Unions.
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