Motilal Oswal
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Motilal Oswal
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Tata Steel likely to sell assets to recover debt after Thyssenkrupp deal falls through, says report

Updated : May 13, 2019 08:25 AM IST

To exit some of their international businesses may be one of Tata Steel's options to ease Tata Steel's debt that exceeds Rs 1 lakh crore. Offloading shares of Tata Consultancy Services—as has been done in the past—is also one of the options, the report quoted a source as saying.
The steel giant could also consider a rights issue, a move they had adopted two years ago.
Tata Steel likely to sell assets to recover debt after Thyssenkrupp deal falls through, says report
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