BNET Industries
Last Fiscal Year Sales:$4.7B
- Private
- IN
Dow Jones Description
Steel Mfr
Number of Employees 42,000
Peer Companies
NAICS Code Abrasive Product Manufacturing: 327910
Recent Events
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Analysts expect next quarter to be better for Tata Steel
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Tata looks for successor to carry his ‘value system’
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Stocks to watch: ONGC, Tata Steel, Tata Power, Mahindra Satyam, Siemens, Patni Computers
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Tata Steel May Invest in Canada Iron Ore Project
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A world apart
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India:Tata Steel Q2 net profit fell by half on sharp decline in domestic prices
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Tata Group Invests in a Start-up Producing Photovoltaic Solar Modules
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Tata Group Invests in CIGS Start-Up
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Green tech to 'power' Tata's global growth
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State Bank of India open to acquisitions in UK
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Indian shares double from 2009 low; resistance seen
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Tata Steel Posts June Quarter Loss
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Tata Motors net races 58% despite sales dip
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State Bank of India, ICICI, Mahindra Gain
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Tata Steel: James Leng Steps Down as Director
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Indian Market Tumbles Amid Weak Global Cues
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Former Corus chairman James Leng steps down from Tata Steel board
News & Analysis
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investment and tata steel ltd. - All News and Analysis
Brazil, India will spur coal output: Mozambique, blessed with plentiful natural resources, will soon be able to exploit its large coal reserves through a deal with a Brazilian company. India's Tata Steel is also poised to follow suit. Neil Ford reports
Mozambique's success in re-establishing a viable economy since the end of the civil war in 1992 has been well documented. A decade of 10% growth annually enabled the country to rebound from the years of devastation. [GRAPHIC OMITTED] Improvements to port, rail and power sector infrastructure have helped...
Steelmaker CSN tops Tata's bid for Corus Group
LONDON -- Brazilian steelmaker CSN raised the stakes in the takeover war for Britain's Corus Group PLC on Monday, making a 4.9 billion pound ($9.6 billion) bid that topped a sweetened offer by Tata Steel of India. Companhia Siderurgica Nacional SA's offer of 515 pence ($10) per share...
TATA SHOWS INDIAN FIRMS' METTLE WITH BID FOR CORUS
INDIA In what is the largest-ever acquisition by an Indian company, Tata Steel, India's second largest steel maker, has bid £4.55 ($8.67) a share for a majority stake in Anglo-Dutch steelmaker Corus Group. The Corus board of directors approved the deal and has recommended it to shareholders. Tata,...
India's Tata Steel keeps quiet on Corus intentions
NEW DELHI AFP — India's Tata Steel would not comment on whether it was staying in the race for Corus Group after investors allied to Brazilian steelmaker CSN were reported to have scaled up their combined stake in the Anglo-Dutch company to more than 15 percent. "We have nothing to...
Nerves Of Steel Ratan Tata pulls off a spectacular $8-billion (Rs 36,800 crore) deal to buy the Anglo-Dutch Corus and pole-vaults his company into the global league.
Last November, Tata group chairman Ratan Tata played host to Jim Leng, Chairman of Corus Steel PLC, who was in Mumbai on a rare visit. The meeting was held in the Tata bastion in Mumbai, Bombay House. To most people, it could have just passed off as a routine meeting...
Russia's Severstal denies Corus taekover bid plans: report
LONDON AFP — Russian steel giant Severstal is not plotting a bid for Corus because it believes its Anglo-Dutch rival is "overvalued", a newspaper reported, quoting Thomas Veraszto, Severstal's deputy chief executive. Corus is the subject of a 6.39-billion-euro (8.16-billion-dollar) agreed bid from India's Tata Steel. Analysts, however, have not...
Ratings agency warns of risks for Tata Steel in Corus takeover plan
NEW DELHI AFP — India's Tata Steel could face financial strains in its 7.56-billion-dollar proposal for Anglo-Dutch steelmaker Corus Group, global credit ratings agency Standard and Poor's warned. Corus Group confirmed Tuesday it had received a takeover approach from Tata, India's biggest private steel firm, that valued the steelmaker at...
Tata Steel confirms takeover interest in Corus
LONDON AFP — India's biggest private steel firm Tata Steel has confirmed that it is mulling a possible takeover of Anglo-Dutch steel giant Corus Group. The news sent the price of shares in Corus soaring more than 15 percent in afternoon London trade. "Given recent industry consolidation, Tata Steel is...
Sensex closes 344 pts up, noses above 12,000.
May 18--The BSE Sensex closed 344.08 points up at 12,217.81 after it flared up by 353.93 points to trade at intra-day high of 12,227.66. The broad-based strong rally in index-related stocks lifted the benchmark Sensex on the Bombay Stock Exchange on aggressive buying by ...
Reliance Info plans to raise $500m.
Byline: Anurag Joshi Sep. 5--MUMBAI, India -- Reliance Infocomm, an Anil Ambani group company, is exploring the possibility of raising $500m through a foreign currency syndicated loan. The company has held talks with international banks to raise this amount. Sources said...
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