Tata Steel Ltd.

Tata Steel may explore at the possible options for selling Corus assets, which would provide a 'meaningful' uplift to the company's earnings and valuations. However, the company has no plans to sell equity in Corus and the latter will continue to remain company’s 100% subsidiary.

In fact the company aims to deleverage its balance sheet via unlocking value. The company may have hired investment bankers for this. Meanwhile, the company, which is seeking to make Corus profitable over the long term, may consider selling UK, Netherland Assets. Further, Tata Steel has sold non-core smaller Core European assets over 2 years. It sold Teeside for $467 million in 2011.

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.