Monday, Sep 21, 2020 | Last Update : 06:35 AM IST

180th Day Of Lockdown

Maharashtra118801585793332216 Andhra Pradesh6177765307115302 Tamil Nadu5364774812738751 Karnataka5113454048417922 Uttar Pradesh3362942632884771 Delhi2347011981034877 West Bengal2155801870614183 Telangana1713061397001033 Odisha167161133466722 Bihar164224149722855 Assam150349121610528 Kerala12221687341490 Gujarat119088999083271 Rajasthan109088906851293 Haryana103773816901069 Madhya Pradesh97906743981877 Punjab90032658182646 Chhatisgarh7777541111628 Jharkhand6710052807590 Jammu and Kashmir5971138521951 Uttarakhand3713924810460 Goa2678320844327 Puducherry2142816253431 Tripura2069612956222 Himachal Pradesh11190691997 Chandigarh92566062106 Manipur8430653951 Arunachal Pradesh6851496713 Nagaland5306407910 Meghalaya4356234232 Sikkim2119178923 Mizoram15069490
  Business   Companies  03 Apr 2019  Tata Steel says supports logic of joint venture with ThyssenKrupp

Tata Steel says supports logic of joint venture with ThyssenKrupp

REUTERS
Published : Apr 3, 2019, 2:52 pm IST
Updated : Apr 3, 2019, 2:52 pm IST

Tata Steel and ThyssenKrupp had proposed to combine their steel operations Europe.

The deal has not been approved because of concerns about its impact on competition.
 The deal has not been approved because of concerns about its impact on competition.

Mumbai: India’s Tata Steel Ltd said on Wednesday that it supports the logic behind a joint venture with ThyssenKrupp, days after the companies submitted proposals to the European Commission to get a nod to the proposed partnership.

“We continue to engage in a constructive dialogue with the European Commission and believe our proposals address their concerns, and still very much support the industrial logic of the joint venture,” said a Tata Steel spokesman in an emailed statement to Reuters.

 

Tata Steel and ThyssenKrupp had proposed to combine their steel operations Europe, which would form the region’s second-biggest steelmaker. However, the deal has not been approved because of concerns about its impact on competition.

Tags: tata steel, joint venture, thyssenkrupp
Location: India, Delhi, New Delhi