Following are the business news highlights till 1900 hrs today:
DCM48 BIZ-LD TATA STEEL-BHUSHAN STEEL
New Delhi: Tata Steel today said it has won a bid to acquire bankrupt Bhushan Steel Ltd for an undisclosed sum of money. Industry sources put the acquisition price at Rs 35,000 crore.
DEL35 BIZ-LD STOCKS
Mumbai: The BSE Sensex plunged by about 410 points to close at a five-month low while the broader Nifty crashed below the 10,000 mark for the first time this year following a global sell-off due to fears of a trade war as US President Donald Trump announced tariffs on Chinese goods.
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