A committee of Essar Steel creditors picked ArcelorMittal on October 25, a day when the Ruia family offered to pay lenders Rs 54,389 crore including Rs 47,507 crore in upfront cash to clear all their dues in a last-ditch effort to avert losing their flagship company.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2qbRdyv
