corus belongs to tata

as the heading goes ... congrats to mr. ratan tata for winning the gruelling battle against csn to bag corrus and become the 5th largest steel maker ... bole toh india shining ... india poised

Re: corrus belongs to tata

Tata For Pm

Re: corrus belongs to tata

Though a Parsi will make good PM, but they are in extreme minority to be able to do anything. I don't think that a Parsi is representing evan a Municipality Council in any of the places they are stying i.e. Hyderabad, Kolkata or Mumbai.

Re: corrus belongs to tata

Where did that come from

I didn't think about his religion at once!
I said it because he will take our country to new heights with his strong will and modern ideas.

Re: corrus belongs to tata

608 pence/share was the last price quoted price by TATA's to win corus....
frankly even i didn't expect TATA's to go so far to grab the deal even so with media buzz about CSN's desperation to buy corus...

Re: corrus belongs to tata

Its CORUS, not corrus...

Re: corrus belongs to tata

arre naam mein kya hai .... ab toh wo tata hai na

Re: corrus belongs to tata

In DD they say there are two Indian steel companies in top 5.One is Tata-corus.Which is the other one?

Re: corrus belongs to tata

they might be counting ... mittal steel .... as in 2 indians in top 5 ... btw u watch DD

Re: corrus belongs to tata

^NO DUDE I was just channel surfing towards ESPN.It is the habit of most of us to count the achievements of a NRI or guy of indian origin as ours. :-x

Re: corrus belongs to tata

vimal_mehrotra said:
Where did that come fromI didn't think about his religion at once!
I said it because he will take our country to new heights with his strong will and modern ideas.

Well, You Be practical buddy. Coz Politics is not!

Re: corrus belongs to tata

vimal_mehrotra said:
^NO DUDE I was just channel surfing towards ESPN.It is the habit of most of us to count the achievements of a NRI or guy of indian origin as ours.

Laxmi Naryan Mittal still proudly holds an Indian passport.

BTW, how the wheels turn!

In 1907, when Tata Steel was established, the British colonists created lots of difficulties for the Tatas. But, they survived.

Exactly a 100 years later, Tata Steel bought the biggest British steel company with British funding. What a slap on the face!

It also helps that the richest man in Britain is an Indian.

As Indian companies grow, we will see a lot more of M & A activity from India. Global banks are now more than willing to give loans to Indian companies for M & A activities.

Let's wait for Reliance to show some magic now.

S

All Tata product and Service userssssssssss.........

Ready to pay Price hike, bid amount will collect from You in coming years.

Re: corrus belongs to tata

mail2and said:
Laxmi Naryan Mittal still proudly holds an Indian passport.

BTW, how the wheels turn!

In 1907, when Tata Steel was established, the British colonists created lots of difficulties for the Tatas. But, they survived.

Exactly a 100 years later, Tata Steel bought the biggest British steel company with British funding. What a slap on the face!

It also helps that the richest man in Britain is an Indian.

As Indian companies grow, we will see a lot more of M & A activity from India. Global banks are now more than willing to give loans to Indian companies for M & A activities.

Let's wait for Reliance to show some magic now.

Indeed! The wheel of colonialization is turning.

T

Stick said:
All Tata product and Service userssssssssss.........

Ready to pay Price hike, bid amount will collect from You in coming years.

1 S is enough. People can understand it is users.

Yes, Truly a great achievement for Tata. Recently they have been involved in such big deals.

Re: corrus belongs to tata

mail2and said:
Laxmi Naryan Mittal still proudly holds an Indian passport.

laxmi mittal has a dual citizenship...

well hats of to tata .... man following the news i thought ki yeh toh haath se nikal gaya .... but silently tata stole it from csn .... ratan tata ... the baap of all business men in india ... cleanly get his way done

but dont u ppl think he went overboard n overbid for corus....

according to him (ratan tata) ... they did not reach or cross he limit they had set for themselves to buyout corus ... so in tht sense if u believe him which v all shud ... no they didnt go overboard

This is what Mr.Ratan Tata says...

Q: Everybody thinks you overpaid for Corus. Your comment?

Mr. Ratan Tata : It would have taken us several years to build a steelmaker with 19 million-ton production capacity from scratch, leave alone establishing it in Europe with a brand name. We feel confident the synergies of the two companies will be quite substantial, and we have satisfied ourselves that the company has in no way jeopardized the interests of the shareholders in this acquisition. I believe that over the next few years, we will all come to think that this was a visionary move.

Full interview: Business Week

According to reports the TATA's paid very close to the upper limit that they has set for themselves...

those are only reports ... now ne 1 can say "we set 610/share as the limit and got it done in 608/share" ... thts bull sh!t .... ratan tata is 1 of the few business men who have integrity written all over them ... if he says they not reached the limit it means they wud hv pushed higher ... if tht were the cse he wud hav clearly stated tht they almost reached the limit ....

And unlike some other big corporates in India, Tata believes strongly in social upliftment and has a tradition of giving back to the society. Sir Ratan Tata Trust is one of the examples.