The National Company Law Appellate Tribunal (NCLAT) rejected on Thursday a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in billionaire Lakshmi Mittal's entry into the country's fast-growing steel market.

Court rejects plea against ArcelorMittal's bid for Essar Steel

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Court rejects plea against ArcelorMittal's bid for Essar Steel