Author: Drishya Yadav
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India: Jindal Stainless emerges as highest bidder for Mittal Corporation
Jindal Stainless Ltd. has emerged as the highest bidder for the insolvent company Mittal Corporation under the Insolvency and Bankruptcy Code, SteelMint learnt from sources. Jindal Stainless made the highest offer of INR 250 crore as advance cash payment among the six companies in the fray. The bids of the other five companies were above…