In the meantime, banks are expecting to receive capital between Rs 32,000-37,000 crore by Numetal and ArcelorMittal for Essar Steel bid; between Rs 17,000-18,000 crore has been offered from Tata Steel and Liberty House for Bhushan Power; Vedanta has
offered Rs 3,500 crore for Electrosteel Steels and ArcelorMittal's potential offer of Rs 7,000 crore for Uttam Galva are offering glimmer of hopes for Indian banks.
CNBC-TV18 is India's No.1 Business medium and the undisputed leader in business news. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India's most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self-employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.
Subscribe to our Channel: https://goo.gl/hKwgtm
Like us on Facebook: https://www.facebook.com/cnbctv18india/
Follow us on Twitter: https://twitter.com/CNBCTV18News
Website: http://www.moneycontrol.com/cnbctv18/