Tata Metaliks has amalgamated Tata Metaliks DI Pipes with itself. Last month Calcutta High Court had approved the scheme of amalgamation. Speaking to CNBC-TV18, Sanjiv Paul, company's chief said the DI Pipe merger will benefit the bottom line and also result in operational and taxation benefits.
As part of corporate social responsibility and affirmative action initiative, it has signed the MoU with PBSSD, a Tata Metaliks Ltd (TML) statement said here.
In an interview to CNBC-TV18, Sanjiv Paul, MD of Tata Metaliks spoke about company's Q4 earnings with Ekta Batra and Anuj Singhal.
"There has been a substantial improvement in the ductile business. There is considerable efficiency improvements that we have brought in with respect to cost," Sanjiv Paul, MD, Tata Metaliks said.
On this episode of CNBC-TV18's show 'CII-ITC Sustainability Awards 2011,' an imminent panel discusses the subject of sustainability.