So, Finally Some Good News, Huh

Hey guys

So Tata has bagged Corus by piping the Brazilian giant CSN at the post. With a bid of 608 pence a share, Indian corporate giant Tata Steel outsmarted CSN's 603 pence a share offer during the night-long auction process. This effectively means that, as far as steel producing companies are concerned, Tata has screamed ahead from a distant No. 56 before to No. 5 position currently. This is a huge jump one would say. This also marks the biggest acquisition by an Indian company ever. With this win, clearly Tata steel has entered the big league or the “premier league” of steel producing companies. This comes just after the Mittal Steels takeover of Arcelor, though Mittal Steels is not an Indian company and LN Mittal doesn’t have any sizable amount of investments in India.

So things are happening for the global Indian it seems. It seems it is India’s turn to bask in glory. So guys what do you think, finally is India shining, or the farmer suicides taking the shine away.

Also there is mention about how the bid seems to be overpriced at $ 12 billion. I saw a newspaper article that listed out all the things that you could do or buy in $12 billion, and might I add, the list was mind-boggling to say the least. Boy, it does sound like a lot of money.

Please respond with your views.

Blogosphere!!

I was searching for some good blogs the other day. So heres wat i came across. these are some of the good blogs which are really professional and make an interesting read, besides giving insights into areas that they pertain to. so here you go...

1) Youth Curry - Rashmi Bansal
2) Vantage Point - Gaurav Sabnis
3) मी काय म्हणतो
4) India Uncut - Amit Varrma

So if some of you do get inspired, do consider starting your own blog!!!