NIFTY 50

NCLT approves Vedanta's Rs 5,000 crore offer for Electrosteel

Updated : April 17, 2018 04:12 PM IST

The firm had emerged to be the highest bidder to with an offer of about Rs 5,000 crore, beating Tata Group's bid by about Rs 1,000 crores.
A resolution for Electrosteel Steels, which owes lenders over Rs 11,300 crore is being worked out under the Insolvency and Bankruptcy Code (IBC).
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV