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Tata Steel submits Rs 25 Crore To BIFR

Jamshedpur, July 29, 2009

In accordance with the order of hon’ble Board for Industrial and Financial Reconstructions (BIFR) on 22nd July, 2009, all bidders for Indian Cable Company (INCAB) need to deposit Rs.25 crore.

Tata Steel today, deposited Rs 25 crores with the operating agency, State Bank of India, Kolkata, for the process of revival of INCAB.

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