Announcement

Monday, January 3, 2011

TATA Steel charts three point strategy to tackle debt

According to Mr Koushik Chatterjee CFO of TATA Steel group, TATA Steel is not worried about its high debt.

Mr Chatterjee said that the relevant indicator is not debt net debt was USD 10.7 billion at the end of September 30th 2010 but debt/EBIDTA ratio and the company has a three point


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