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SC paves way for Ruia exit, Mittal entry in Essar Steel

IndiaTimes Friday, 15 November 2019 ()
The Supreme Court on Friday cleared the takeover of Essar Steel by global metals magnate LN Mittal’s ArcelorMittal after a protracted legal battle, which will pave the way for banks to recover Rs 42,000 crore in dues and oust the Ruias, once among the most powerful business families in the country.

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