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A Reddit user, surprisingly discovered that he had inherited a massive wealth amounting Rs 80 crore--all thanks to the shares bought by his father 30 years ago.
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JSW has issued undisclosed compulsorily convertible preference shares (CCPS) to SBI. The capital infusion will support JSW Cement’s expansion from the current 14 metric tonnes per annum to 25 metric tonnes per annum. The investment by SBI has come after the Rs 1,500 crore investments made by two global private equity investors.
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Founded by Shashi and Ravi Ruia, Essar Steel was referred to the National Company Law Tribunal last year after accumulating nearly Rs 50,000 crore in debts.
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National champion and tournament third seed Saurav Ghosal stormed into the final of the USD 50,000 CCI International JSW Indian Squash Circuit by outclassing his second-seeded Egyptian rival Omar Mossad 3-1 in the semifinals in Mumbai on Thursday.
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RPG Enterprises Chairman Harsh Goenka too is said to be interested in acquiring the Virat Kohli-led side.
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CBI sources said the agency may also include in the FIRs several senior environment ministry officials who were part of the clearance process.






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