A day after sending the Essar group’s steel company to the National Company Law Tribunal (NCLT) for action under the insolvency code, the Joint Lenders Forum (JLF), led by State Bank of India and ICICI Bank, on Friday approved the Rs 86,000-crore stake sale in Essar Oil to Rosneft and Trafigura-UCP consortium.
Credit By: Business Standard
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