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Govt sees red over same set of bankers for Tata Steel FPO

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  • Published On: January 17, 2011
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It is the clash of the titans in the steel industry. Two of India's most powerful steel companies – Tata Steel and SAIL – planning to raise funds, are pushing each other for space for their follow on public issue or FPO. Having common bankers for the fund raising through FPO has not gone down well with the steel ministry.
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