Tata Steel managing director, H.M.Nerurkar, left and Tata Steel Europe Chief Executive Karl-Ulrich Kohler look on during a press conference in Mumbai, India, Wednesday, May 25, 2011. The world's ... more 
Tata Steel managing director, H.M.Nerurkar, left and Tata Steel Europe Chief Executive Karl-Ulrich Kohler look on during a press conference in Mumbai, India, Wednesday, May 25, 2011. The world's seventh-largest steelmaker by volume Wednesday reported a 72 percent rise in quarterly consolidated net profit from a year earlier due to higher product prices and robust sales growth at its India business, as well as a one-time gain of $561 million on the sale of a plant in Teesside, U.K. less 
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Associated Press | Photo By Rajanish Kakade
Wed, May 25, 2011 11:58 AM EDT