Former Mittal Steel exec’s Nithia Capital sets sights on stressed steel assets

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Nithia Capital Resources Advisors LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel assets in India in coming months, its founder and chief executive said. Jai Saraf told VCCircle the total outstanding debt of these four-five assets is around Rs 20,000 crore. “We would ......