On the eve of Diwali, the TATA Steal announced the largest ever Indian takeover of a Foreign Company….and today came the news that the joint venture is about to bid for Brazil’s biggest Steal Firm CSN- Companhia Siderurgica nacional. Tata took over UK’s seven years old firm ‘Corus’ ranked ninth in the world.
Tata took over UK’s seven years old firm Corus, an Anglo-Dutch firm ranked ninth in the world. This has been a remarkable achievement for the celebrated Indian Firm who has played a part in the Country’s development. Let’s hope this recent take-over brings out another boom in Indian industry.