In a move that will complicate the sale process of Essar Steel, NuMetal is learnt to have offered to refinance Odisha Slurry Pipeline Infra's debt, and thereby acquire majority ownership in the company.
Watch accompanying video of CNBC-TV18’s Ritu Singh for more details.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
