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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India's Tata AutoComp Systems Ltd. explored a possible bid for Lear Corp. but would not be submitting a proposal to rival billionaire Carl Icahn's buyout offer, Lear said in a regulatory filing on Wednesday.
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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 appears set to become the world's fifth-largest steel producer after beating its Brazilian rival CSN in an auction to take over Anglo-Dutch steelmaker Corus with a 13.7 billion-dollar bid.
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LONDON: Ratan Tata, Chairman of Tata group with an annual turnover of 12 billion pounds, has unveiled his global ambitions by deciding to list Tata Sons as an investment company, besides looking at a number of acquisitions.
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Corus will cut 78 jobs at its Trostre plant in Llanelli over the coming year, workers are told.
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The chairman of Indian conglomerate Tata has confirmed that he is interested in making a bid for Jaguar and Land Rover.
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Brazilian steelmaker CSN raised the stakes in the bidding war for Britain's Corus Group PLC on Monday, topping a sweetened offer by Tata Steel of India.
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Labour leaders at five General Motors  Europe  plants will not enter in a contest to make the  next-generation Astra compact until the carmaker agrees job  security steps, its works council head said on Wednesday.
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Brazilian steel group CSN may try to trump rival Tata after making a takeover approach to Anglo-Dutch firm Corus.
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India's Tata Steel said Wednesday it outbid Brazilian rival CSN to take over European steelmaker Corus Group PLC, offering $11.3 billion for the biggest-ever acquisition by an Indian company.
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The company&#39;s chief financial officer said he won&#39;t return until he learns whether the government is planning charges against him.
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Steelmaker Corus is ordered to pay nearly Â£300,000 after the death of one of its workers at its Trostre plant.
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India&#39;s Tata Group is interested in  acquiring Ford Motor Co&#39;s  Jaguar and Land Rover brands,  the Indian conglomerate&#39;s chairman Ratan Tata said in remarks  released on Friday.
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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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The chief of India&#39;s largest private company, Reliance Industries, calmed investor jitters Monday, saying his comments in an interview about an ownership dispute were &quot;torn out of context.
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British steel maker Corus has said it wants to postpone a shareholders' vote for two weeks on a takeover bid from Tata Steel of India to allow time for Brazilian producer CSN to make a counter-offer.