If L N Mittal raised the ante with Arcelor, Tata's delivered the knockout punch today with the acquisition of Corus. Suddenly 'Brand India' is a large cloud looming over corporate boardrooms globally. A source in investment bank circles tells us that his firm has been receiving several enquiries from companies across the world to check if TATA's will be interested in acquiring them! After five decades of living on the sidelines, Brand India is now a 'centre-stage' phoenix in the global highway and TATA's are the new face of Corporate India. Will the 'new energy' released from this acquisition propel more 'Davids' to take on more 'Goliaths' into the global corporate landscape? Only time will tell...but for now...the India Inc. juggernaut is on a roll....
Labels: TATA-CORUS
