JSW Steel Faces No Com­pe­ti­tion for BPSL as Tatas Not to Re­vise Bid

The Economic Times - - Front Page -

JSW Steel, which came from be­hind to surge ahead of the Tatas in the race for Bhushan Power and Steel Ltd (BPSL) with an of­fer of

.₹ 19,700 crore, is un­likely to face com­pe­ti­tion in its bid to ac­quire the stressed as­set with the Tatas un­will­ing to up their orig­i­nal of­fer. “We will stay with our orig­i­nal bid. It is our stated po­si­tion,” said a spokesper­son for Tata Steel.

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