JSW Steel Limited (500228.BO)

Exclusive-India's JSW Steel slows process to buy stake in Canada Teck coal unit -source

NEW DELHI (Reuters) -India's JSW Steel Ltd is slowing down the process to buy a stake in the steelmaking coal unit of Canada's Teck Resources, a source close to the discussions said, in the first sign that a diplomatic spat is affecting trade ties. Ties between India and Canada deteriorated sharply after New Delhi and Ottawa expelled each other's diplomats in a dispute over the murder of a Sikh separatist leader in the Canadian province of British Columbia in June. India on Thursday suspended visa services for Canadian citizens, a foreign ministry spokesperson said, citing security threats to its staff in its consulates in Canada.