Tata Steel, India's largest steelmaker, has consolidated all its overseas assets including Corus under a new holding company, Tata Steel Global, to raise funds for its overseas expansion including......
"We didn't cook this deal up, it wasn't microwaved. This was like an Indian curry where you've got to marinate the ingredients for a long time." So said Jim Leng, chairman of the 9.2 billion......
The Tatas are out shopping again. Since February 2000, the group has acquired as many as 27 companies, both in India and overseas, at a total cost of over Rs 16,000 crore ($3.5 billion)!In the......
Tata Steel has lost the race for acquiring South Africa's Highveld & Vanadium to Russia's Evraz. Mittal Steel had pulled out of the race earlier.Anglo American, the owner of Highveld that had put......
These are not good times for steel stocks. Riding on the back of an upturn in global and domestic steel demand and hence steel prices for the better part of the past three years, the tide is......