this is wonderful

another large deal in the steel industry.. and this time it is a true blue Indian company looking to take over a much larger rival to establish itself on the global scene ..

It is especially interesting given Tatas are generally more conservative (than the Mittals) that they are going for it.. A revised & significantly better offer is expected and should take Tata Steel to the top 5 in the world... If SAIL gets going as well, India's dominance in the steel industry would get even more stronger.