India Inc Makes High Stakes Bet on Overseas Acquisitions ; Indian Companies Announced a Series of Big- Ticket Overseas Acquisitions This Year. the Acquisitions Come at a Time When the Acquirers Are Facing Poor Growth Visibility in Their India Businesses. They May Have Bitten off More Than They Can Chew

On November 23, Tata Steel announced it would cut 900 jobs in the United Kingdom and shut 12 sites as part of a restructuring exercise aimed at sustaining its European operations. The news did not come as a surprise. India's largest steelmaker has been struggling in Europe due to tepid demand and a ... (Publication: Business Today)