TATA STEEL

The BSE Sensex rose for a third straight session, inching up 0.08 percent on Monday, helped by financials while a decline in Reliance Industries (RELI.NS), which reported its first quarterly profit fall in two years, capped the index gains.

The BSE Sensex Thursday gained 2.70 percent on hopes for a surge in foreign fund inflows after the world's six major central banks moved to tame a liquidity crunch for European banks.2

Tata group is looking at the assets of Australia's New Hope Corp, a $5 billion coal miner that put itself up for auction last month.

Indian business executive Ratan Tata has blasted the work ethic of British employees and managers.

Tata Steel, the world's No. 7 steelmaker, has raised its stake in Riversdale Mining to more than 27 percent, making it harder for miner Rio Tinto to seal its $3.9 billion bid for the Mozambique-focused coal miner.

The BSE Sensex edged 0.2 percent higher early on Wednesday, with Tata Steel rebounding after falling initially.

The BSE Sensex was up 0.8 percent on Monday led by financial firms, but trading was choppy a day before the Reserve Bank's monetary policy and mixed Asian markets.

Tata Steel, the world's seventh largest steel maker, could raise as much as 34.77 billion rupees ($769.5 million) in its follow-on public share sale.

Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.

Tata Steel, the world's No. 7 steelmaker, has received government approval to raise 11 billion rupees through issue of warrants to overseas investors, the Press Information bureau said in a statement on Thursday.

Tata Steel, the world's seventh largest steel company, has said its consolidated net profit after tax increased 8.5 percent to 19.79 billion rupees ($440 million) for the second quarter higher than the profit of 18.25 billion rupees ($406 million) in Q1 FY’11.