Tata Sponge Iron Ltd. (TSIL), a Tata Steel subsidiary, has announced the completion of its acquisition of the steel business of Usha Martin Ltd ... TSIL came into the picture through an ...

Tata Steel Ltd has agreed to buy the steel business of Usha Martin Ltd, its second acquisition of a stressed asset this year after the purchase of Bhushan Steel in May. Tata Steel will pay Rs ...

NEW DELHI: The proposed acquisition of Usha Martin's steel business by Tata Steel is credit positive, Moody's Investors Service said Tuesday. The domestic steel giant had announced Saturday that ...

Calcutta: The board of Usha Martin will meet on Monday to consider a potential sale of the steel business. At least two companies, Tata Steel and JSW Steel, are understood to have shown interest for ...

New Delhi: Shareholders of Usha Martin have approved the sale of the company’s steel business to Tata Steel as a going concern on a slump sale basis. A special resolution in this regard was ...

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Speciality steel producer Usha Martin on Monday said its board decided to explore the sale of its steel business and constituted a committee to appoint investment banks and consultants to help ...

The country’s largest steel wire rope maker, Usha Martin expects to complete the sale of its steel business to Tata Steel within the next two to three months. Tata Steel through its subsidiary ...

NEW DELHI: Usha Martin founders have sought details from the board regarding utilisation of proceeds from the proposed sale of the company's steel business to Tata Steel. Tata Steel last week said ...

New Delhi, Jun 11 () Steel wire maker Usha Martin today said it is planning to sell its steel business and has set up a committee to evaluate proposals in this regard. New Delhi, Jun 11 () Steel ...