Tata Steel to stop doing business with Russia
Tata Steel is going to stop doing business with Russia, the company said Wednesday, becoming the latest company to sever business ties with Russia after it attacked Ukraine, Reuters reported.
"Tata Steel does not have any operations or employees in Russia. We have taken a conscious decision to stop doing business with Russia," Tata Steel said in a statement.
All of the company's steel manufacturing sites in India, the UK and the Netherlands have sourced alternative supplies of raw materials to end its dependence on Russia, Tata Steel said.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.