“It’s perhaps one the biggest international victories for India Inc after the Mittal-Arcelor takeover. In a keenly-watched auction that stretched into the early hours of Wednesday, India’s Tata Steel emerged victorious in the battle for Anglo-Dutch steel giant Corus, as Brazil’s Companhia Siderurgica Nacional (CSN) withdrew from the race.
The takeover marks the largest acquisition by an Indian firm till date and will propel the new entity led by Tatas to become the fifth largest steel maker in the world.” –Ibnlive
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Video Source: Ibnlive, CNN
Who said Inida is still a developing, poor, unmatured, can’t compete with other countries … TATA’s have proved them wrong. TATA’s have made INDIA proud and happy. Big hats for TATA company. Next century is INDIAN century. We will conqure all our glory back.
Congrats TATA company.
india rocks the world
hi friends…its a great occasion…a moment of shear happiness…now we are best in many fields…and we proving ourselves…and most important factor here is indigenously…i feel really proud…i m presently in london doing my masters and my frns used to tell me that u settle there..no hopes here…but i used to tell them and now to all of u…that…now india is land of hope…and we all must contribute for glorifying india in global scenerio as a strong contender…a real punch to those who say india is developing….friends we give back to our country…rather than accusing that we have no hopes….Thanks…Cheers.
That’s really a great move .