Top 10 business headlines: Battle for Essar Steel, 5G spectrum, and more

Here are the top 10 business stories that made news on Monday

1. Vedanta, JSW may jointly bid for Essar Steel, make offer of Rs 48,000 cr

Vedanta and JSW Steel are in talks to make a joint bid for Essar Steel in a last attempt to keep ArcelorMittal away. A bid together, or one from either company, could be made next week, said sources aware of the development. (Click to read more)

2. RBI to pay Rs 28,000 cr interim dividend to govt; Das to meet bank CEOs

The Reserve Bank of India (RBI) decided to transfer an interim dividend of Rs 28,000 crore to the government in the current financial year