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Tata Steel Investment: Tata Steel raising INR 3,000 crore through NCDs, investing £1.25 billion in Port Talbot plant to build EAF and shutting down two blast furnaces. ....
Additionally, Tata Steel announced that it will convert debt instruments valued at $565 million (Rs 4,661 crore) held in its Singapore subsidiary into equity shares. Both the capital infusion and the debt-to-equity conversion are planned to be completed within this fiscal year. ....
Tata Steel to invest $ 2 billion to fund rejig of UK operations indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.