 "JSW, JSW Steel, stressed steel assets")
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.
The court has restrained the Odisha government from proceeding on e-auctions of two iron ore blocks, Chandiposhi and Purheibahal, in Sundargarh district, originally scheduled to be
