Tata Steel and thyssenkrupp JV will be second-largest European flat steel producer

Newsroom24x7 Network Singapore/Mumbai: Tata Steel Limited’s (TSL) memorandum of understanding with thyssenkrupp AG to create a 50:50 JV in Europe paves the way for TSL to reduce exposure to a structurally weaker business, says Fitch Ratings. However, according to Fitch, TSL’s Long-Term Issuer Default Rating (IDR) of ‘BB’ remains on Rating Watch Evolving until further… Read More Tata Steel and thyssenkrupp JV will be second-largest European flat steel producer

Reputed scholar and historian compares today’s Kashmir with Syria

Newsroom24x7 Network Chandigarh: Pointing to Kashmir and its fabled sufi culture that has not been visible for thirty years now, historian Rajiv Lochan draws an analogy with the present situation in Syria by underscoring that Syria was a secular country before the outside terrorists stepped in to create havoc in that country. To draw home… Read More Reputed scholar and historian compares today’s Kashmir with Syria

Malaysia Airlines does a U-turn, lifts baggage ban on Europe flights

Newsroom24x7 Desk Kuala Lumpur: Malaysia Airlines has announced that it has lifted a ban on check-in baggage on flights to Paris and Amsterdam, after their earlier move to ban angered many passengers who slammed the airline on social media. Taking a quick damage control step, the airline made a pronto detour on its decision. The… Read More Malaysia Airlines does a U-turn, lifts baggage ban on Europe flights