Essar Steel was among twelve large steel and other infrastructure companies that defaulted and were referred to India's bankruptcy court in 2017. Reuters
Essar Steel was among twelve large steel and other infrastructure companies that defaulted and were referred to India's bankruptcy court in 2017. Reuters

Economy

India's Supreme Court gives ArcelorMittal greenlight for Essar Steel takeover

Essar Steel has debts from banks worth nearly $7 billion

Reuters

November 15, 2019