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Corus Steel

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Was Cyrus Mistry a victim of back-seat driving?

Mistry's intention of selling ailing steel maker Corus, Tata's so-called feather in the cap, was one reason for his ouster Everything from management style, egos and strategic decision seems to be......

'British Steel' name to come back as Tatas exit Scunthorpe

On the buyout of Corus, the then Tata group chairman Ratan Tata had said the deal was "a defining moment". With the Tatas agreeing to sell its Scunthorpe steel plant in the UK to investment firm......

Why the Tata-Corus merger was doomed to fail

The Anglo-Dutch merger was meant to revive the ailing British Steel which had incurred a net loss of £81 million in the year ended March 31, 1999 The Corus group - born out of a deal between......

Tata Steel Europe struggles to make good

Seven years after it was acquired by Tata Steel, Corus (now called Tata Steel Europe) is not out of the woods, in spite of talk that Europe is gradually coming out of its six-year-long......

Corus needs to look beyond Europe, US for revival: Tata

Tata Steel Europe, formerly known as Corus, needs to look beyond Europe and US and focus on emerging markets to revive its fortune, according to Tata group Chairman Emeritus Ratan Tata. While......
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Revival & growth

Natarajan Chandrasekaran took over as chairman of Tata Sons, the holding company of Tata Group, pledging to improve capital allocation and boost... ...

http://www.mydigitalfc.com/companies/chandra%E2%80%99s-do-list-tata-chief-revival-growth-402
Tata Steel UK to sell speciality unit to Liberty House for £100 mn

Since Tata Steel has made the Corus buyout in 2007, the firm has been witnessing financial strain ...

http://www.business-standard.com/article/companies/tata-steel-uk-to-sell-speciality-unit-to-liberty-house-for-\\xa3100-mn-117021000031_1.html
Retail’s big daddy is here

Reclusive billionaire investor Radhakishan Damani (in pic), who is also mentor to big bull Rakesh ‘Rocky’ Jhunjhunwala, holds stakes in a range... ...

http://www.mydigitalfc.com/news/retail%E2%80%99s-big-daddy-here-060
Tata Steel's UK pensions trustee warns deficit to surge

By Maytaal Angel and Carolyn Cohn LONDON (Reuters) - Tata Steel UK's pension scheme deficit is set to balloon to 1-2 billion pounds ($1.25-$2.5... ...

http://www.sify.com/finance/tata-steels-uk-pensions-trustee-warns-deficit-to-surge-news-economy-rb1nIkdahgicg.html
Deal Street sets $81 billion record as promoters shed taboo

The taboo in selling assets has departed from the Indian promoter’s psyche, which is resulting in a large number of billion-dollar deals. In... ...

http://www.rediff.com/money/report/deal-street-sets-81-billion-record-as-promoters-shed-taboo/20170102.htm

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