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Reject ArcelorMittal's Essar Steel bid as it misled courts: Prashant Ruia
In a fresh twist to the insolvency saga of Essar Steel India, the largest stakeholder of the company has approached the National Company Law Appellate Tribunal (NCLAT) with a plea that ArcelorMittal India’s bid should be rejected as it had hid crucial facts regarding its shareholding in firms that have since turned non-performing assets (NPAs). The NCLAT has sought ArcelorMittal’s response to the petition and fixed May 13 as the next date of hearing. Read more here
Vistara's Europe plans likely to get grounded Jet Airways
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