Tata Steel close to deal with UK govt to keep plant open: report

Tata Steel close to deal with UK govt to keep plant open: report

Tata Steel, India’s second largest private steel maker, has a total consolidated debt of Rs80,701.29 crore as on 31 March 2015. Visual sourced from Tata Steel website

Tata Steel Ltd may agree to keep its Port Talbot steel plant open after the UK government offered the Tata group company a multimillion-pound loan to persuade it to remain in the UK, the Financial Times newspaper reported on Friday, citing unnamed sources.

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