Nagpur’s Jayaswal Neco Industries in talks for debt refinancing: Report

Mumbai/Nagpur: In a notable development, Nagpur-based steelmaker Jayaswal Neco Industries' management is engaged in discussions with special situations and private credit funds, notably including Kotak Special Situations Fund and Edelweiss Special Situations Funds. The primary objective of these talks is...
Nagpur’s Neco group faces ED action again, Rs 101 cr assets attached in CG
New Delhi/Nagpur: Nagpur based Jayaswal Neco Industries Limited received a major blow in its Raipur unit on Friday when the Enforcement Directorate attached its assets worth Rs 101 crore in Siltara area and Bilaspur district. The company has been under...