In the biggest foreign takeover by an Indian company, Tata Steel and Corus Group have reached an agreement on the acquisition of the European steel giant by the Indian company for Rs 36,500 crore. Read more
Sign of a confident India Inc: CII The CII has said the Tata Steel-Corus deal is a sign of a confident India Inc and reflects the consolidation of the Indian industry in the global economy. Read more
Tatas plan to expand in Africa, East Asia Tata Steel's $ 7.7 billion acquisition of the London-based Corus Group may be the largest foreign deal. Read more
