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- An Indian approach to global M&A: An interview with the CFO of Tata Steel Koushik Chatterjee discusses the Indian multinational’s approach to outbound M&A—and its response to the global financial crisis. Richard Dobbs and Rajat Gupta .0/msohtmlclip1/01/clip_image002.jpg”> 2 Long a major force in India,the Tata Group is quickly establishing a global presence.With a combined market capitalization of more than $32 billion and operations in every major international market, Tata owns companies in businesses as diverse as consumer products, energy, engineering, information systems, communications, services, and materials. The group’s largest business, Tata Steel, was established in India in 1907 and retains its headquarters in Mumbai. In recent years, the company has expanded both within Asia (by acquiring Thailand’s Millennium Steel, now called Tata Steel Thailand, and Singapore’s NatSteel…What will happen if two assets are earning the same expected return, but one is riskier than the other?Can you explain me what is the assets = capital + liabilities
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