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<b>Tata-Corus</b>: Govt ready to help Tatas: FM

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Press Trust of India New Delhi
Terming Tatas' successful bid for acquiring Anglo-Dutch steel company Corus as an example of rising assertiveness of Indian business, Finance Minister P Chidambaram today said the government would be ready to help the industrial house to complete the deal.

"The government will be ready to help Tatas if they have any request to complete the transaction," Chidambaram said here.

"Although Tatas have not made any requests so far, government will consider providing every help, or help it in getting clearances, say from RBI or Sebi," he said.

Expressing happiness on Tatas clinching the deal, he said: "It is a good example of aggressive, forward looking Indian businesses... We could have never expected such bids a few years ago." Today, the Indian industry has confidence to bid for businesses abroad, to raise funds for the purpose and manage the business.

 

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First Published: Jan 31 2007 | 2:05 PM IST

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