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Friday, 19 October 2018

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Vedanta open to raising offer price for Essar Steel

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NRI metals, mining, oil and gas tycoon Anil Agarwal is open to raising the offer price for acquiring Essar Steel as he believes group flagship Vedanta Ltd is best suited to acquire the company because it has the key ingredients for making steel iron ore and natural gas. “The Court has clearly said that the first round of bid will be the basis and it has allowed all three bidders

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