Morgan Submits Wipro Recast Report

Ispat Industries is planning to move the Calcutta High Court later this week against the Central government's decision to reduce the floor price on import of hot-rolled coils (HRC) by $48 per tonne to $254 per tonne.

A top Ispat executive said the company will be seeking a reversal of the government decision.

The company had earlier moved court asking the government not to reduce the prevalent floor price of $302 per tonne and that the Centre should also go into the merits of the ant