JINDAL, FROM INDIA, IN ADVANCED TALKS TO SELL MORE ASSETS

Jindal Steel & Power, from India, is in advanced talks with some resources firms to sell more steel and mining assets, its CEO told Reuters, adding the company hopes to close a $976 million power plant deal well before a mid-2018 deadline. 

The New Delhi-based company, one of the most heavily indebted Indian firms, agreed on Tuesday to sell a 1,000 megawatt power plant to billionaire Sajjan Jindal's JSW EnergyBSE 0.00 % for up to 65 billion rupees ($976.21 million).