Mumbai, April 1, 2015: Tata Steel Limited (“Tata Steel”) today announced that it has divested its entire stake in Lanka Special Steels Limited (“LSSL”) to E.B. Creasy & Company PLC (“EBCC”) for a total consideration of LKR 433 million (around Rs. 20.4 crore) in an all cash deal.
Tag: Tata Steel Limited
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Tata Steel bags Prime MinisterÂ’s Trophy for Best Performing Integrated Steel Plant
Mumbai, April 1, 2015: Tata Steel Limited was conferred with the Prime Minister’s Trophy today at Rourkela for being the ‘Best Performing Integrated Steel Plant’ in the country during the performance year 2010 - 2011. In recognition of the Company’s outstanding performance, the Prime Minister's Trophy was presented by the Hon’ble Prime Minister of India, Shri Narendra Modi, to Mr. T V Narendran, Managing Director, India & South East Asia, Tata Steel
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Infrascape 2013 | Optimistic growth of steel
The overall performance of the steel sector is ‘optimistic.’ In the fiscal 2012-2013, growth in domestic steel demand is expected to be around five and a half per cent. The total demand is expected to be around 75 million tonnes, up from 71 million tonnes in 2011-2012.