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The NCLT approved JSW Steel’s offer in 2019 while holding that the successful bidder could not be held responsible for any alleged misdeeds of the previous promoters at any stage. The Supreme Court on Tuesday agreed to take a relook at its May 2 judgment that scrapped the JSW Steel’s acquisition of the debt-laden Bhushan…
Anil Ambani‘s Reliance Communications Ltd has committed a loan fraud of over Rs 14,000 crores, Enforcement Directorate (ED) sources told The Economic Times on Thursday. It is noteworthy that Minister of State for Finance Pankaj Chaudhary confirmed in Parliament that the State Bank of India (SBI) had classified Reliance Communications (RCom) and its promoter, Anil…