Moody's notes that the merger, however, will not reduce current overcapacity in Europe as the curbs placed by trade unions and local authorities limit capacity reductions
1 min read19 Jun 2018More than any financial engineering, motivation on both sides to lighten the load of the steel business, on their books and valuations is what can determine the success of the Tata Steel-Thyssenkrupp JV
4 min read21 Sep 2017Analysts are worried Thyssenkrupp management is only focused on the proposed steel venture with Tata Steel Ltd and hasn't prepared an alternative
2 min read11 May 2017Tata Steel says it is in talks with Thyssenkrupp for potential JV for European business
1 min read28 Oct 2016Tata Steel's statement came in response to a request for clarification from the stock exchanges
1 min read27 Oct 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared