Workers carry an iron pipe on their shoulders at the Naraina steel and iron market area of New Delhi, India. (Photographer: Prashanth Vishwanathan/Bloomberg)

Fraud Probe Won’t Derail JSW’s $2.9 Billion Bid for Bhushan

Jul 15 2019, 10:13 AMJul 16 2019, 2:14 AMJuly 15 2019, 10:13 AMJuly 16 2019, 2:14 AM

(Bloomberg) -- JSW Steel Ltd., India’s most valuable steel producer, said it is likely to go ahead with a 197 billion rupees ($2.9 billion) offer to buy out a stressed steel mill even as a string o...