India Court Scraps Ruias Offer for Essar Paving Way for Arcelor
Signage for Essar Steel Ltd. is displayed as workers load items onto a truck at the company’s Pune Facility near Pune. (Photographer: Dhiraj Singh/Bloomberg)

India Court Scraps Ruias Offer for Essar Paving Way for Arcelor

(Bloomberg) -- A bankruptcy court rejected a last-minute offer by the founders of Essar Steel India Ltd. to wrest back control of the indebted steelmaker, easing the path for a potential takeover b...
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