CORUS GROUP PLC
Analysts bet on the cheapest Indian stock, expect it to stage a big comeback in 2020
To be sure, the company's debt-to-equity ratio is higher than most local peers.
Ratan Tata fights to save legacy after Cyrus Mistry court ruling
The NCLAT’s verdict reinstating Mistry has threatened to upend Ratan Tata’s ...
Tata faces $14 billion in auto debt and a slowdown in China
Tatas bought JLR in 2008 for $2.3 bn, and it’s lately become a drag on the salt-t...
Tatas to divest five steel business units in Europe
The proposed sale of the five assets will leave Tata Steel to channelise its resources on its strip products business which is in the midst of forming a joint venture with Thyssenkrupp.
Tata Steel Europe CEO Karl Koehler resigns
Tata Steel Europe chief executive Karl Koehler has stepped down after steering Europe’s second largest steelmaker for over five years.
Debt-laden Tata Steel may have to sell assets
With the plan to merge with Thyssenkrupp abandoned, Tata Steel may have to sell sizeable assets.
Tata Steel chairman N Chandrasekaran defends acquisition of Corus Steel
Chandrasekaran said the international growth strategy was to focus on accessing new markets, sourcing raw materials, enhancing the technology capabilities.
Gary Klesch not to buy Tata Steel Europe's long products business after investigating for a year
Mistry's plan to turn around Tata Steel’s lossmaking Europe business became more difficult with Anglo-American Gary Klesch pulling out of the talks.
Corus needs to look beyond Europe, US for revival: Ratan Tata
In May this year, Tata Steel revealed a 1 billion pounds write-down in the value of its European arm, underlining the chronic difficulties faced by the company.
Tata’s fluctuating M&A fortunes: What Tata Steel Europe can learn from JLR
One option, experts say, is to try for customer optimisation by using the base in India to serve customers in this region.
What could be the next big role of Tata Steel CFO Koushik Chatterjee in the group?
Chatterjee may not find it easy to keep avoiding the glare as he approaches a cusp in his professional life, being tipped for two high-profile jobs.
Tata Steel raises $ 1.5 billion in overseas bond sale
The dollar money was raised by the Singapore arm of Tata Steel ABJA Investments and the issue got an oversubscribed worth nearly $ 9 billion.
Mjunction bags first client in Tata Steel Europe
Mjunction services, which has tied up with EPSA Groupe of France for a slice of Europe’s eprocurement market, has bagged its first client in Tata Steel Europe (erstwhile Corus).
Tata Steel to kickstart $7 billion refinancing plan
This is among the largest such exercises by an Indian company and will also see it raise fresh loans to refinance existing term loans.
Tata Steel Europe reports record GBP 1.2 bn loss
Tata Steel Europe, Britain's largest steel producer, reported the losses for the year until March 31 as part of its latest results filed at Companies House in the UK.
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