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Davos 2019: Why JSW’s Sajjan Jindal Wants The Ruias To Get Essar Steel Back
JSW Steel’s Sajjan Jindal throws his weight behind the Ruias in Essar Steel saga.
24 Jan 2019, 07:53 PM IST
Billionaire Sajjan Jindal said the Ruia family should be a given a “fair chance” to take control of insolvent Essar Steel Ltd. despite legal restrictions as the erstwhile promoters are offering to repay the debt in full.“They (Ruias) should be given a chance. It is their company, if they’re paying 100 percent of the money, so why not,” Jindal, whose JSW Steel Ltd. had unsuccessfully tried to bid for Essar Steel, said on the sidelines...
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