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SAIL, Tata Steel form JV to buy coal blocks

SAIL, Tata Steel form JV to buy coal blocks
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First Published: Thu, Jan 03 2008. 03 17 PM IST
Updated: Thu, Jan 03 2008. 03 17 PM IST
By Reuters
New Delhi: India’s Tata Steel and state-run Steel Authority of India Ltd have formed an equal joint venture to acquire and develop coal blocks in India, the two companies said in a statement on 3 January.
SAIL’s chairman S.K. Roongta and Tata Steel’s managing director B. Muthuraman signed the agreement.
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First Published: Thu, Jan 03 2008. 03 17 PM IST
More Topics: SAIL | Tata Steel | Coal Blocks | Corporate News | MAs |