India’s steel giant, JSW Steel has moved a step closer to acquire debt-ridden Asian Colour Coated Ispat Ltd (ACCIL) that was referred to the insolvency court by RBI in July last year. As per the latest updates, the company’s bid has received approval from 80% of the lenders, the voting for which was done on Friday.
News ID: 4976 Publish Date : 2019/07/02