Tata Steel buys Brаhmani River Pеllets

Indian company Tata Steel agreed with the company Morgate Industries Group (MIG) to purchase an ore concentrate manufacturer Brahmani River Pellets Ltd. The purchase cost is 9 billion rupees or 135 million dollars. The deal is planned to be completed in March 2017. According to Director of Tata Steel, BRPL purchase is a thoughtful decision for Tata Steel and affect a positive impact on company’s growth.

From the end of December, Tata Steel stocks increased by 5,1% and continue to grow. This is an amazing opportunity for traders to earn their first income in 2017. Trading will be available during the European session, from 5:00 to 10:00 GMT.

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