I do not need to add much more, one thing has skipped notice of the boarders, on 25th ICICI obtained a stay in mumbai court restraining JSW/JSPL and others in the fray to aquire assets of Stemcore( tangible/ intangible) which would have enablede bidders to get hold a substaintial share holdings
10.51 PM Sep 30th
Source:Economic Times - UK-based global trading giant, Stemcor Holdings has been put on the block and top Indian firms are in talks for a possible buyout of the company, sources with direct knowledge said. Tata Steel, AV Birla Group and Jindal Group are said to have shown interest in buying
3.57 PM Aug 29th
Source:The Hindu BusinessLine - The Gujarat-based Adani Group is understood to have firmed up plans to take part in the auction of $800 million assets of Stemcor India, joining the likes of Tata Steel, JSW and JSPL. Gautam Adani-led Adani Group, having primary interests in coal, power and port
10.50 AM Aug 7th
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