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BREAKING NEWS

Tata Steel plans to raise funds

17 Apr 2017

Kolkata April 17 (IANS) Tata Steel on Monday said its Board of Directors in its meeting this week would consider a proposal for raising funds.

...a meeting of the Board of Directors of the company will be held on Thursday April 20 2017 inter-alia to consider a proposal for fund raising it said in a filing to BSE.

The company which is the world s second-most geographically-diversified steel producer is among the top global steel companies with an annual crude steel capacity of 28 million tonnes. Its turnover clocked $17.69 billion in in 2015-16.

It has operations in 26 countries and commercial presence in over 50 countries.

--IANS

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