After months of negotiations, Tata Steel-owned Corus has tentatively agreed to sell the beleaguered Teesside Cast Products plant to Thailand's Sahaviriya Steel Industries for a price of 320 million (Rs 2,325 crore).
Tata Steel Vice-Chairman B Muthuraman has asked a member of British Parliament not to be "over-critical" about the company's strategy in dealing with problems in Corus.
Spain's dream team met its match as Rafael Nadal and Carlos Alcaraz's hopes of an Olympic doubles gold medal were ended by American duo Rajeev Ram and Austin Krajicek on Wednesday.