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New Delhi, Tuesday, August 19, 2014

Steel consumption in India to pick up: Moody’s

Steel consumption in India is set to pick up once the new government’s infrastructure spending policies are put in place, Moody’s Investor Service said on Tuesday. “The new Indian governm... »
More on iron and steel AND: market and exchange
MUMBAI, Monday, August 18, 2014

JSW Steel to buy Welspun Maxsteel for Rs 1,000 crore

JSW Steel, on Monday, entered into a definitive agreement with Welspun Enterprises Ltd. (WEL) to acquire its entire equity stake in Welspun Maxsteel Ltd. (WMSL) for an enterprise value of Rs.1,000... »
More on iron and steel AND: merger, acquisition and takeover
NEW DELHI, Monday, August 18, 2014

Bankers order forensic audit of Bhushan Steel

Cracking the whip on cash-starved Bhushan Steel, a consortium of bankers, on Monday, ordered forensic audit into the books of account of the company, and asked its promoters to infuse more capital... »
More on iron and steel AND: company information
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