Bhushan Steel, which has a debt of about Rs 40,000 crore, seems to be the most likely contender for the S4A or Scheme for Sustainable Structuring of Stressed Assets, learns CNBC-TV18 from sources. Electrosteel and Visa Steel are the other two companies.

Expect no negative asset quality surprises in Q3: Andhra Bk

In an interview to CNBC-TV18, SK Kalra, Executive Director, Andhra Bank, shares his views on the upcoming quarters and his outlook for the bank.

Plan to streamline biz; hunt for investors on: VISA Steel

VISA vice-chairman and MD Vishal Agarwal, in an interview to CNBC-TV18, says that the company plans to consoldidate and streamline its busniess arms to unlock more value for the share holder. The company is also looking out for investors to increase its special steel capacity.

Steel biz to be fully operational by Q1 end: Visa Steel

Visa Steel has received only 400 acres of land from the government out of 1,200 acres it had applied for. But talking to CNBC-TV18, Vishambhar Saran, chairman, says this has not affected the company‘s plans as it has the capacity to expand within the existing land and double existing production capacity for all products.