Deals Buzz: Ola seeks $1 billion in new round of funding

Essar Steel: Numetal, ArcelorMittal may be headed for legal battle Early signals emanating from ArcelorMittal and Numetal, the only companies to have placed binding bids to acquire Essar Steel, hint at a protracted legal battle that could mire the resolution of the steelmaker’s debts, says Mint’s report. The report further says, in the weeks following the submission of binding bids…