Tata Steel buys Usha Martin’s Steel division for Rs 6,600 crore. The business transfer agreement regarding the purchase is executed today. Tata Steel buys MTPA Plant, whether wire rope division stays with Usha Martin. Earlier five companies have shown interest in buying Usha Martin’s Steel business. JSW Steel, Tata Steel,[Read More…]
Tag: Tata Steel board
Independent director Nusli Wadia removed from Tata Steel board
Independent director Nusli Wadia has been removed from the Tata Steel’s board on Thursday as about 91 per cent of shareholders present at Wednesday’s EGM, voted in favor of his dismissal. In a regulatory filing, the company said out of its total shares of 97.12 crore, 62.54 crore votes were[Read More…]