BWN 0.00% 60.0¢ bhagwan marine limited

Interesting article in The Australian July 20 by Rakesh Sharma -...

  1. 215 Posts.
    Interesting article in The Australian July 20 by Rakesh Sharma - "India eyes coalmines in Australia, coal minister says"

    The article reports that amongst others, State-run Coal India and the Steel Authority of India had formed a special purpose vehicle - International Coal Ventures - to invest in coal resources outside India.

    I wonder if this special purpose vehicle could be behind Savni Holdings ?

    And I guess that Bhushan Steel's current effort to take over BWN is a reflection of this Indian interest in acquiring coal assets outside India.
 
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