Announcement

Wednesday, December 9, 2009

BIFR ruling for INCAB goes in favor of TATA Steel

The revival proposal submitted by TATA Steel to BIFR for INCAB has been accepted over two parties RR Cables and Pegasus.

BIFR has asked TATA Steel to prepare a fully tied up DRS proposal for the Company and submit within a time span of 2½ months. The direction by BIFR is in view of

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