Clear Rs 1.4L cr in dues before bidding for Essar: NCLAT tells ESAH

According to reports, the new order suggests the tribunal may consider letting the Ruias, founders of the Essar Group and the erstwhile promoters of Essar Steel, enter the race for the latter if ESAH can come up with about Rs 1.4 lakh crore. Continue Reading

Vedanta, JSW in talks for a possible, last minute bid for Essar

The seemingly unending auction race will now witness Anil Agarwal-led Vedanta make another attempt at buying Essar Steel and may potentially partner Sajjan Jindal’s JSW Steel, reports state. Continue Reading