RIL may be lone bidder for JBF Petrochem, which defaulted on Rs 5K-cr loan - Business Standard

JBF Petrochemicals a Mangalorebased company is up for sale for defaulting on bank loans worth Rs 5000 crore

Reliance Industries (RIL) is likely to be the lone bidder for Mangalore-based JBF Petrochemicals, which is up for sale after defaulting on bank loans worth Rs 5,000 crore. The lenders for the second … [+3277 chars]

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