Tata Steel Ltd.

Tata Steel’s wholly owned subsidiary -- T S Global Holdings (TSGH) has terminated pact with HBIS Group to sell stake in South-East Asia business. TSGH had in January signed definitive agreements with HBIS Group to divest majority stake in its South-East Asia business in Beijing, China.

Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.