Tata to become India's leading flat steel producer

India's Tata Steel Ltd (Tata) has announced that the country's National Company Law Tribunal has approved its resolution plan for acquiring a controlling stake of bankrupt flat products maker Bhushan Steel Ltd (BSL). When the deal might be completed remains unclear, however.

India’s Tata Steel Ltd (Tata) has announced that the country’s National Company Law Tribunal has approved its resolution plan for acquiring a controlling stake of bankrupt flat products maker Bhushan Steel Ltd (BSL). When the deal might be completed remains unclear, however.In India, Tata Steel boasts a flat steel