INCAB: BIFR Ruling goes in Favour of Tata Steel
The revival proposal submitted by Tata Steel to BIFR for INCAB has been accepted over two parties – RR Cables and Pegasus. BIFR has asked Tata Steel to prepare a fully tied up DRS proposal for the Company and submit within a time span of 2½ months. The direction by BIFR is in view of the unemployed workers of INCAB which has been lying closed for about ten years now, causing immense hardship to the workers.