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India Business News: Tata Steel has decided to call off the merger with TRF due to the significant improvement in its business performance. Find out more about this development and its impact on Tata Steel. ....
Tata Steel the promoter of TRF held a 34.1% stake in the company as on December-end. Under the amalgamation scheme, shareholders of TRF were to get 17 shares of Tata Steel for every 10 held in the company. ....
Tata Steel has merged five companies with a cumulative turnover of ₹19,700 crore. This merger is part of the company's commitment to simplify its business portfolio. Stay updated with the latest news. ....
Tata Steel on Wednesday announced the merger of five strategic businesses of the group with itself as part of an integration process aimed at simplifying business portfolio. ....
Shares of TRF, a Tata Group company, hit the 20% upper circuit limit, reaching an eight-year high of ₹393.30 apiece, following the decision against proceeding with the amalgamation process. ....