Steel Authority of India Ltd (SAIL.NS)
NEW DELHI, Sept 26 ArcelorMittal's interest in buying debt-ridden Indian steel companies could derail its planned $1 billion joint venture with Steel Authority of India Ltd (SAIL), a steel ministry report showed.
* Says signed facility agreement on Sept 11 with State Bank of India for availing of $350 million ECB Source text - http://bit.ly/2xZTDSQ Further company coverage:
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NEW DELHI A planned $15 billion (£12 billion) safety overhaul of India's ageing rail network is facing delays as the country's state steel company is unable to meet demand for new rails, according to two government documents seen by Reuters.