MUMBAI: Metals trader Liberty House Group will start due diligence on Tata Steel's
Indian-born Sanjeev Gupta, a 44-year-old Cambridge graduate who founded Liberty House in 1992, said he has told the British government that competitive power prices were critical to reviving the business and fighting competitors.
Gupta told Reuters in a phone interview on Thursday that his company had a turnover of around $6.5 billion and that working capital needs would not be a big issue if he buys out Tata's UK plants.