Last week, the Delhi High Court had revealed that Jindal Steel's 'Steel of India' campaign rolled out in March, was bearing a 'striking resemblance' to an idea presented by its agency Wieden+Kennedy.
This was after the client had parted ways with the agency.
The court case has now been 'amicably resolved' through an out of court settlement between the two parties, according to sources.
The story will be updated with statements from Jindal Steel and the agency when we receive it.