● Neutral for Tata Steel
India's growth is strong but energy costs, interest rates a concern: Tata Steel's Narendran
The brief
- Tata Steel CEO TV Narendran said India’s growth is strong across sectors, led by autos
- Energy costs and interest rates remain risks for Tata Steel and other Indian steelmakers
- Tata Trusts within right to seek merger, but Tata Sons can challenge: Lawyer
- S&P sees no immediate rating impact from Tata leadership changes or potential listing
- Noel Tata hopes RBI will find common ground on restructuring to avoid Tata Sons listing