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Tata Steel And Rashtriya Ispat Nigam Ltd

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Divestment: Fearing backlash, govt opts for minority stake sales over outright privatisation

 With general elections on the horizon, the government's privatisation bandwagon has almost but stalled as a government wary of being accused of selling family silver opts for minority stake sales......

Betting on India's growth, top steel firms in midst of big expansion plans

 On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. Photograph: Amit Dave/Reuters The......

Modi's ambitious privatisation plans have few takers

 It was touted as a game changer but big-ticket privatisation has been a mixed bag as the government faces unanticipated challenges of lukewarm investor response, employee union agitation and legal......

Tatas now only half as small as PSUs

 Over 10 years, Tata group companies’ investment in fixed assets increases at 24% CAGR; non-banking & financial PSUs’ rises at 10.8%Government-owned companies’ grip on the Indian......

Tata, Birla, SAIL among 70 cos violating green norms: Shah Panel

 Out of the 192 mining leases of iron and manganese ores in Odisha, 94 do not have environment clearance. Top firms such as SAIL, Tata Steel, Aditya Birla group's Essel Mining and Odisha Mining Corp......

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