Thursday, October 19, 2006

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.

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