Tag: India: Tata Steel to complete NINL acquisition in current quarter

Tata Steel plans to complete acquisition of NINL in the current quarter (Q1FY’23), CEO TV Narendran said during the company’s earnings call recently. Tata Steel had put the highest bid for NINL at INR 12,100 crore for a 93.71% stake in the company, which was approved by the government. NINL has a 1.1 mnt integrated…