CCI Clears Tata Steel’s Acquisition of Sole Control in Tata BlueScope

25 Dec 2025 CW Team

The Competition Commission of India (CCI) has approved Tata Steel’s proposal to acquire sole control of Tata BlueScope Steel by purchasing the remaining 50 per cent equity stake held by BlueScope Steel Asia Holdings.

With this clearance, Tata Steel will convert the existing joint venture into a wholly owned subsidiary. The proposed combination involves Tata Steel acquiring the entire shareholding currently owned by BlueScope Steel Asia Holdings, thereby ending the 50:50 joint venture structure between the two groups.

Tata Steel, the acquirer, is a publicly listed company engaged in the manufacture and sale of steel and steel-related products. Its operations cater to a wide range of sectors including agriculture, automotive, construction, energy and infrastructure. The company also has upstream operations spanning iron ore mining, production of iron ore pellets, sponge iron and crude steel, giving it an integrated presence across the steel value chain.

Tata BlueScope Steel, the target entity, was established as a joint venture between Tata Steel and BlueScope Steel of Australia. BlueScope participated through its wholly owned subsidiary, BlueScope Steel Asia Holdings Pty, while Tata Steel’s interest was held through its wholly owned arm, Tata Steel Downstream Products.

The target operates primarily in the coated steel segment, offering surface-coated steel products and related solutions. Its product portfolio includes metallic-coated or galvanised steel products, as well as pre-painted and colour-coated steel products supplied both as coils and finished products. These offerings are widely used in applications such as roofing, walling and cladding across industrial, commercial and residential projects.

The CCI noted that the proposed acquisition does not raise competition concerns in the relevant markets. A detailed order outlining the Commission’s assessment and reasoning is expected to be issued separately.

Infrastructure Urban

16 Jan 2026

Rosatom Delivers Nuclear Fuel for Kudankulam Unit 3

Rosatom has recently supplied nuclear fuel for the initial loading of the VVER-1000 reactor core at Unit 3 of the Kudankulam Nuclear Power Plant, marking a key milestone in the second stage of the Russian-designed nuclear power project in southern India.The fuel was supplied by Rosatom’s Nuclear Fuel Division, managed by TVEL, and manufactured at the Novosibirsk Chemical Concentrates Plant. The delivery includes the initial reactor load along with reserve fuel assemblies and is part of a long-term contract covering the entire operational life of Units 3 and 4.Building on operational experien..

CBL International Enables First LNG Bunkering at Xiaomo Port

CBL International recently completed the first-ever LNG bunkering operation at Xiaomo Port, supplying liquefied natural gas to vessels operated by BYD in support of its maritime decarbonisation strategy. The operation was facilitated through a physical supplier in collaboration with China National Offshore Oil Corporation (CNOOC), which supported the port’s inaugural LNG bunkering activity. The milestone represents a strategic expansion of CBL International's sustainable fuel offerings beyond biofuels, while also diversifying revenue streams. As global shipping intensifies efforts to cut em..

Aimtron, Aurassure Partner for IoT Weather Systems

Aimtron Electronics has recently entered into an OEM manufacturing engagement with Aurassure to produce new-age, IoT-enabled weather and environmental monitoring systems in India. The collaboration supports the growing demand for real-time environmental intelligence across urban, industrial and infrastructure applications. The engagement comes as global focus on climate-risk management and data-driven planning accelerates. The global weather monitoring systems market, valued at around USD 2.1 billion in 2024, is projected to reach nearly USD 4.8 billion by 2034, driven by the rapid adoption o..