Tata Steel Abandons TRF Merger as Business Rebounds | India Business News

Tata Steel Abandons TRF Merger as Business Rebounds | India Business News

MUMBAI: Tata Steel has scrapped the merger of its listed associate company TRF with itself as its business performance has turned around. In Sept 2022, it had decided to fold TRF into itself as part of a broader exercise to streamline its corporate structure. But since then, it has infused funds, placed orders with TRF, … Read more