Tata Steel to invest $2.11 bn in Singapore unit to repay overseas debt, fund UK transition

[Bilgin]

Tata Steel to invest $2.11 bn in Singapore unit to repay overseas debt, fund UK transition The steelmaker’s fourth-quarter profit missed Street estimates as its European units continued to bleed.Consolidated profit plunged 65% year-on-year in the March quarter, while revenue fell 7%