 "news digest")
Arcelor revises bid for Essar to Rs 420 bn
The world’s largest steelmaker, ArcelorMittal, on Monday increased its offer for Essar Steel to Rs 420 billion, in a bid to trump the Rs 370-billion offer made by Numetal-JSW Steel. Read more
Sensex posts biggest fall in 6 mths; Rupee touches 72.5
The equity markets posted their biggest fall in six months, while the rupee and government bonds plunged further after India’s current account deficit (CAD) widened the most since 2013. Read more
Sebi mulls allowing NRIs through FPI route
The Securities and Exchange Board of India (Sebi) is looking
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