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

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..