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Saturday, November 2, 2024
TopicTata Steel Ltd.

Topic: Tata Steel Ltd.

Tata Steel wins bid to buy state-run Neelachal Ispat Nigam for Rs 12,100 crore

Tata Steel will buy 93.7% stake in Neelachal, which has shuttered its plant since March 2020, said finance ministry. Deal will help take Centre closer to its asset-sale target for the year.

Tata group faces $14 billion in auto debt – and a big slowdown in China

Crises at Tata Motors & Tata Steel mark biggest challenge facing 151-year-old group that ventured overseas with acquisitions more than a decade ago.

Mergers & acquisitions in India cross a blockbuster $100 billion in 2018

With more deal-making expected, the tally is likely to surpass $100 billion in 2019 too.

The RBI’s last attempt to clean up banks puts close to 70 firms on the brink of bankruptcy

The central bank predicts that by March 2019, the country's bad-loan ratio will increase by 0.6 per cent to 12.2. 

Tata Steel and Thyssenkrupp reach agreement to set up European steel firm

The merger may come into effect in 2019, and the headquarters of Thyssenkrupp Tata Steel will be based in Amsterdam.

On Camera

Countdown to 2027 has begun. India must pick strategic alliance with US, balance with old friendships

India must dedicate its efforts to solidify Quad as a serious security alliance and signal to the world that it values its values-based relationship with US above transactional ties.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

All about Major Bob Khathing, whose daring expedition & diplomatic parleys secured Tawang for India

The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.