Tata Steel puts off amalgamation plans with TRF, successfully merges 5 businesses, 3 in the works, stock rallies

[Bilgin]

Tata Steel puts off amalgamation plans with TRF, successfully merges 5 businesses, 3 in the works, stock rallies Tata Steel has completed the amalgamation process for five businesses, with a cumulative annual turnover of approximately ₹19,700 crore in FY23, aiming to enhance downstream operations and leverage its nationwide marketing and sales network for growth in value-added segments.