Tata-Corus: Muthuraman says topline target $32bn

 Updated at 1435 hrs: Tata Steel managing director B Muthuraman said in London that there will be no change in Corus management.

"We are not going to stop with here. Corus will complete its own plans, and there will be no change in Corus managment," Muthuraman said.

He added that an integration committee will be put in place, and the buy will open new markets for the company.