Profit

Tatas may not get more iron ore

PUBLISHED ON: October 3, 2007 | Duration: 2 min, 26 sec

   
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Tata Steel's best kept secret may soon be out if the Orissa government has its way. According to sources the company is sitting on iron ore reserves of over 500-600 million tonne and that could be a reason why the state may not be keen to hand over more reserves to Tata Steel. This could trigger a fresh round of battle between Tata Steel and the Orissa government.
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