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JSW-Tata Steel battle spills over to iron ore
Locked in a battle for Bhushan Power & Steel, the clash between the country’s top two steelmakers,
Tata Steel and JSW Steel, is spilling over into the sphere of iron ore.JSW Steel has challenged the auction process for iron ore blocks in Odisha.
The matter being heard in the Delhi High Court is on participation of companies holding more than the limit permitted under the Mines and Minerals (Development & Regulation) (MMDR) Act. Read more
Next round of bank recap likely in Q4
The final round of recapitalisation of public sector
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