Tag: Monnet Ispat Concern
-

SAIL May Operate Monnet Ispat Until a Buyer is Finalized
In the recent instance of selling distressed units, Monnet Ispat is up for grabs. A consortium led by State Bank of India (SBI), sources said, has taken over the debt-ridden company and is looking for a buyer as part of the strategic debt restructuring. The lenders have already invited bids; however, the response isn’t too…