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Tata Steel amalgamation won't have material impact on credit profile: Cred
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], September 27 (ANI): The amalgamation of seven business units of Tata Group with Tata Steel will help reduce costs and won't have any material impact on the company's credit profile, CreditSights, part of the rating agency Fitch, said in a report on Tuesday.
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Tata Steel share rallies, subsidiaries slump on merger plan
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], September 23 (ANI): The share price of Tata Steel rallied while subsidiaries slumped by upto 9 per cent on Friday after the company's board approved the amalgamation of seven group companies.
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Tata Steel approves merger of 7 subsidiaries with itself
Updated : 3 years, 8 months ago IST
New Delhi [India], September 23 (ANI): Tata Steel's board has approved the amalgamation of seven subsidiaries with itself, the steelmaker said in a regulatory filing to the stock exchanges on Friday.
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