The recent announcement of Tata Steel buying Corus, the erstwhile British Steel, has indeed made a lot of Indians very proud. There are several reasons for this. The deal cost the Tatas $12.1 billion and has propelled them from the fifty sixth to the fifth position in the steel industry! This post might seem a bit biased and over the top…but what the hell! “Do you mean to say that Tatas propose to make steel rails to British specifications? Why, I will undertake to eat every pound of steel rail they succeed in making” - Sir Frederick Upcott (Chairman, Board of Indian Railways, in 1907 when Tatas proposed to make steel) Upcott must have turned in his grave after the deal was announced! I’m sure if he were alive today he would be embarrassed about his statement, to say the least. The Tatas have just bought over one of the last few icons of Her Majesty’s Empire. Hence, for a country that was once a British colony for more than a hundred years, what can be better?...