 "ArcelorMittal, JSW Steel and Essar Steel continue slugfest over Essar bid")
1. Lenders sweeten Essar deal, offer Rs 1,000 cr more to operational creditors
Lenders to Essar Steel have decided to sweeten their offer to operational creditors of the bankrupt company by offering Rs 1,000 crore more from what ArcelorMittal has submitted as its resolution plan. Read more
2. Suitors for Jet Airways hunt for partners; Naresh Goyal may join race
Leading sovereign and government-backed funds such as the Abu Dhabi Investment Authority (ADIA) and Singapore-based Temasek Holdings as well as private equity funds like Blackstone and TPG have been sounded out by potential strategic investors on whether
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