Koushik Chatterjee
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Delay in acquisition of debt-ridden Bhushan Steel may lead to governance issues, says Tata Steel
•The acquisition of any plant is always an anxiety for the future. "We think the quickest way to resolve that is to close the transaction fast," said T V Narendran, CEO and MD, Tata Steel
Cyrus Mistry was told about his expulsion from Tata Sons; was more of a micro manager
Fp Staff •Delay in communication and micro management by Mistry also reflected in the company’s balance sheets
Tata Steel reports $477 million Q1 loss on Europe plant sale
•Tata Steel Ltd reported on Monday a $477 million consolidated first-quarter net loss as it sold a business in Europe, and said talks continued for a proposed partnership to run its European plants.
Tata Steel Q3 net falls 69% as cheaper Chinese imports hit India business
Fp Archives •Deliveries from European business improved by 4 per cent to 3.31 MT