Corus: Tata boss says no guarantees over jobs
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Indian tycoon Ratan Tata said he could give no guarantees over the safety of jobs, following his firm's successful bid for Anglo-Dutch steelmaker Corus Group Plc.
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The chairman of Indian conglomerate Tata confirms that he is interested in making a bid for Jaguar and Land Rover.
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Tata Steel of India has bought Anglo-Dutch producer Corus for 13.7 billion dollars, beating Brazilian rival CSN in an auction that highlighted the growing global clout of emerging market companies.
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India's Tata Steel  won a bid battle for Anglo-Dutch steelmaker Corus Group   on Wednesday by agreeing to offer investors 608 pence per share in cash, or 5.75 billion pounds ($11.3 billion).
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Tata Steel  Chairman Ratan Tata wants to make the UK operations of Anglo-Dutch group Corus  more profitable and cannot rule out job cuts, he told the Financial Times in an interview.
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A Malaysian minister says there is no ban on workers from India, but a more stringent policy is in place.
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India's Tata Steel  and Corus Group Plc  have agreed an increased takeover offer, valuing the Anglo-Dutch steelmaker at 500 pence per share, the firms said on Sunday.
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Business & money: Sir Richard Branson's group says it cannot continue to promise there will be no cuts if it succeeds in bid
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India's Tata Steel is set to become the  world's fifth-biggest steelmaker after winning a bid battle for  Anglo-Dutch steelmaker Corus Group by agreeing to pay 5.75  billion pounds ($11.3 billion).
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The co-chief executives of Airbus  parent company EADS said there was no alternative to thousands  of job cuts at the troubled European planemaker and warned that  strikes would only make things worse.
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Tata Steel of India has out-bid its Brazilian rival CSN in an auction to take over the Anglo-Dutch steelmaker Corus with a bid of 608 pence per share, the Takeover Panel has said.
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The Italian government will not inject capital in Fiat SpA to help the struggling carmaker, Italy's labor minister was quoted as saying Saturday.
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India's biggest private steel firm Tata Steel confirmed that it was mulling a possible takeover of Anglo-Dutch steel giant Corus Group.
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LONDON/MUMBAI  - India's Tata Steel  is set to become the world's fifth-biggest steelmaker after winning a battle for Anglo-Dutch steelmaker Corus Group   with a 6.2 billion pounds ($12 billion) offer.
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Indian firm Tata Steel says it is considering making a takeover bid for Anglo-Dutch steel firm Corus.
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Business & money: Group behind Thomson and First Choice has not said how many jobs will be affected by the closures
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Britainâs biggest insurance company sparked a fresh row today over work being lost to India when it unveiled plans to create almost 1,000 jobs in Asia.