CURRENT AFFAIRS

Detailed explanation-1: -Those seven metal companies of Tata group that will be merged with Tata Steel are Tata Steel Long Products Limited, The Tinplate Company of India Limited, Tata Metaliks Limited, TRF Limited, The Indian Steel & Wire Products Limited, Tata Steel Mining Limited and S & T Mining Company Limited.

Detailed explanation-2: -The companies to be merged into Tata Steel include Tata Steel Long Products, Tinplate Co. of India, Tata Metaliks, Indian Steel & Wire Products, Tata Steel Mining, S&T Mining Co, and TRF.

Detailed explanation-3: -Tata Communications will acquire New York-based end-to-end live video production company The Switch Enterprises in an all-cash deal for Rs 486 crore, the company said on Thursday.

Detailed explanation-4: -2. Tata Group/Air India. Tata Group, India’s largest conglomerate, acquired the nationalised airline Air India in 2022. Tata also announced the merger of Air India with Vistara, a joint venture between Tata Sons and Singapore Airlines.