India’s Bankruptcy Auction That Wasn’t, Perhaps
Cooling water pours onto a red hot steel slab in the slab casting shop at a factory in Haryana, India. (Photographer: Udit Kulshrestha/Bloomberg)

India’s Bankruptcy Auction That Wasn’t, Perhaps

(Bloomberg Opinion) -- The jewel gathering dust in India’s bankruptcy court can have a suitor after all. The two top bidders may stay in the race for Essar Steel India Ltd.’s 10 million-tons-a-year...
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