Tatas will launch the sale process by Monday for its cash-guzzling steel business in the UK with the British government today promising to help find a serious buyer in its bid to secure jobs of thousands of workers at plants there.
Facing intense pressure from labour unions and opposition parties, the British government air-dashed its Business Minister Sajid Javid to Mumbai this morning for a marathon meeting with Tata Group Chairman chief Cyrus Mistry and other top officials to discuss contours of the sale process.
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