Allow Jindal Steel & Power To Pay Mauritius Subsidiary: Delhi High Court To RBI
A worker cycles past signage for Jindal Steel & Power Ltd.’s plant in Raigarh, Chhattisgargh, India (Photographer: Udit Kulshrestha/BloombergKeywords) 

Allow Jindal Steel & Power To Pay Mauritius Subsidiary: Delhi High Court To RBI

The Delhi High Court has directed Reserve Bank Of India to permit Jindal Steel and Power Ltd. to send $54.99 million to its Mauritius subsidiary.However, that’s subject to two undertakings—that the...
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