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25 Nov
00:00

Life gets no easier for Bhushan Steel

India’s troubled steelmaker Bhushan Steel continues to find life difficult. A report in the Indian media on 25 November suggesting that its creditors are pushing the company to sell its plant in Odisha helped trigger a clarification request by the Bombay Stock Exchange (BSE). The situation was quickly clarified by the company in a formal reply to the exchange. “We have not received any communication regarding selling of Odisha plant from any Cred…
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