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Ratan Tata may hike stake in Tata Steel

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  • Published On: September 21, 2007
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Ratan Tata is on the prowl yet again and this time he wants to tighten the grip on group companies. Sources say that the Tatas plan to hike stake in Tata Steel by 10 per cent and the group is debating whether to take the creeping acquisition route or if the steel maker will go for preferential allotment of shares.
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