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Billionaire Ruia’s steel arm to draw Tata, JSW interest

New Delhi / Bloomberg Essar Steel India Ltd., grappling with about 440 billion rupees ($6.6 billion) in debt amid an industry downturn, has drawn takeover interest from domestic rivals Tata Steel Ltd. and JSW Steel Ltd., people with knowledge of the matter said. SSG Capital Management, a Hong Kong-based special situations fund manager, and some private-equity firms and international companies ...

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Japan govt introduces tool to trace footprints of travellers

TOKYO / DPA The Japanese government released the latest version of its Regional Economy Society Analysing System (RESAS), which enables people to access visualised flows of people, goods and money on the Internet free of charge. The system uses big data based on cell phone roaming and provides maps and charts on such subjects as the entry and departure of ...

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Sharp to get loan extension, more time for Foxconn deal

Tokyo / Bloomberg Sharp Corp.’s banks are ready to push back the deadline for most of the company’s 510 billion yen ($4.5 billion) in loans and credit lines beyond March 31, people with knowledge of the matter said, giving the electronics maker more time to reach a renegotiated deal to be acquired by Foxconn Technology Group. The extension may be ...

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