new delhi may 7 following are the top business stories at 1910 hours dcm36 bizld usindia us wants india to eliminate trade barriers expects new govt to address issues new delhi the us wants india to eliminate trade barriers for american firms and remove data localisation restrictions while expecting that the new government here will address these issues said visiting us commerce secretary wilbur ross tuesday dcm31 biznclatld essararcelor essar steel shareholder seeks arcelormittals disqualification over ties with loan defaulting firms new delhi a majority shareholder of essar steel tuesday moved nclat seeking rejection of arcelormittals rs 42000 crore bid to acquire the bankrupt steelmaker alleging that its promoter lakshmi mittal hid his association with loan defaulting firms run by his brothers del21 bizld stocks indices log 5th straight loss as earnings trade war concerns linger mumbai benchmark indices sensex and nifty fell for the fifth session in a row on tuesday marking their longest losing streak in nearly three months as uschina trade tiff and lukewarm corporate earnings stoked fears of uncertainty in markets del20 bizrupeeclose rupee slips to 6943 against us dollar mumbai the rupee tuesday slipped further by 3 paise to close at 6943 against the us currency due to fagend dollar demand from banks and importers amid sustained foreign fund outflows dcm37 biznbccjaypee jaypee infra insolvency nbcc offers rs 20 cr to operational creditors new delhi seeking multiple concessions for acquiring bankrupt realty firm jaypee infratech stateowned nbcc has offered to pay rs 20 crore against over rs 9712crore dues of operational creditors including the income tax department and yamuna expressway development authority yeida dcm7 bizongcfunds company in strong financial position has funds to meet capex needs ongc new delhi stateowned ongc tuesday said it continues to have strong financial position and sufficient funds to meet current and future capex needs as it sought to allay concerns over its finances after successive acquisitions and government demands drained out its surplus ruj shw shw