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| Articles about Tata Steel |
| | Tata Steel not to raise prices in next 2-3 months | | 2008-04-22 22:07:00 | | Tata Steel announced that the company will not hike steel prices for the next two to three months, reports Economic Times.The world`s sixth-larger steel maker, has decided to hold prices due to the rising input costs.The government has urged the steel makers to cut the prices, due to the rising inflation level. In March end inflation touched 7.4%, its level since November 2004.Shares of the company gained Rs 4.1, or 0.53%, to end at Rs 780.9. The total volume of shares traded was 761,909 at the BSE. (Tuesday) | | By: Indian stock markets | | |
| | Tata Steel, SBI March 2008 futures at premium | | 2008-03-26 10:27:30 | | Turnover in F&O segment declines
Nifty March 2008 futures were at 4840.15, at a premium of 11.30 points as compared to spot closing of 4828.85. The March 2008 derivative contracts will expire...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] | | By: Indian Stock Markets Revealed! | | |
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| RIL, Tata Steel March 2008 futures at premium | | 2008-03-05 20:56:23 | | Turnover in F&O segment declines
Nifty March 2008 futures were at 4915.10, at a discount of 6.30 points as compared to spot closing of 4921.40.
The NSE's futures & options (F&O) segment turnover...
[[ This is a content summary only. Visit my website for full links, other content, and more! ]] | | By: Indian Stock Markets Revealed! | | |
| | Tata Steel starts studying investment in Vung Ang | | 2008-03-05 19:31:00 | | India-based Tata Steel Group's representative and Corus Consultancy Co have just visited and worked with People Committee of the central province of Ha Tinh to seek investment opportunities in steel refining mill in Vung Ang economic zone.
Representatives of Tata Steel and Corus are especially interested in factors of environment, water supply system, capacity of Vung Ang port and reserve of | | By: Vietnam Business Finance News | | |
| | Tata Steel bids for Corus acquisition | | 2007-02-02 08:25:00 | | Jan 31 2007 : Tata Steel is set to become the world's fifth-biggest steelmaker after winning a bid battle for Anglo-Dutch steelmaker Corus Group by agreeing to pay 6.2 billion pounds ($12 billion).Britain's Takeover Panel said in an e-mailed statement that after an auction Tata Steel had agreed to offer Corus investors 608 pence per share in cash, topping a final bid of 603 pence from Brazilian Companhia Siderurgica Nacional (CSN).Both offers were right at the top end of what analysts had thought possible and will now be put to Corus investors, who have no reason not to accept the higher price.Corus was not immediately available for comment.The auction process, following a takeover tussle that began in earnest when Tata Steel offered 455 pence per share on Oct.20, started at the close of trading in London on Tuesday when Corus shares ended 0.5 percent higher at 563 pence. CSN and Tata Steel were keen to buy Corus to become significant players in the consolidating steel industry, where Dutch-based Mittal Steel last year bought Luxembourg's Arcelor to create the world's biggest steelmaker, Arcelor Mittal.The 608 pence Tata Steel is set to pay values Corus at around seven times its forecast earnings before interest, tax, depreciation and amortisation (EBITDA) for 2006, well above the multiple Mittal Steel paid for Arcelor which was 4.6 times historic EBITDA.Ahead of the auction, called last week by the Takeover Panel to bring the bid battle to an end, CSN had the upper hand after it had made a bid worth 4.9 billion pounds ($9.6 billion) or 515 pence per share, accepted by Corus on Dec. 11, hours after it had accepted a 500 pence offer from Tata Steel.The battle pushed Corus's share price to seven-year highs and pitted 70-year-old Tata group chairman Ratan Tata, from one of India's best-known business families, against Benjamin Steinbruch who at 52 is one of Brazil's most famous executives as chief executive and main owner of CSN. Ratan Tata has transformed the o | | By: World News, News Updates, Current Events, News Art | | |
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