Jindal Stainless extends price bid for Salem

 Confirming the development, Ratan Jindal, vice-chairman and managing director, Jindal Stainless, said the company had extended its price bid for three months and had communicated the move to the PSU towards the end of last week.

 He said, SAIL had sought and extension for six months but, the company has decided to extend the bid set to expire mid-August, for three months.