Author: Tapan Moharana

Public sector steel major SAIL is out of the race for acquiring stake in IDCOL’s loss making iron and ferro chrome units, following the failure of its talks with the Odisha government. “The state government has rejected SAIL’s conditions for acquiring the IDCOL Kalinga Iron Works (IKIWL) and IDCOL Ferro Chrome Alloys (IFCAL). So, the…