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JSW Steel revamps acquisition strategy after recent setbacks

Manufacturing

10 July, 2018

JSW Steel revamps acquisition strategy after recent setbacks

India's JSW Steel is looking to acquire smaller steel plants in India and overseas that produce specialised products, a top ......

JSW Steel plans bid for ArcelorMittal's Romanian plant

Manufacturing

21 June, 2018

JSW Steel plans bid for ArcelorMittal's Romanian plant

India’s biggest steelmaker JSW Steel is expected to make a bid for ArcelorMittal’s Galati plant in Romania, three sources told ......

Stressed assets: RCom insolvency on hold; Essar Steel seeks clarity on bidder

General

01 June, 2018

Stressed assets: RCom insolvency on hold; Essar Steel seeks clarity on bidder

As Indian banks grapple with stressed assets worth nearly $150 billion, various branches of the National Company Law Tribunal (NCLT) ......

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How dealmaking in stressed assets is reshaping India's steel industry

Manufacturing

23 May, 2018

How dealmaking in stressed assets is reshaping India's steel industry

The steel industry in India, the world's third-biggest producer of the alloy, is undergoing a churn as large local and ......

Genpact unit Headstrong on sale; Kedaara-Partners Group may buy Vishal Mega Mart

General

18 May, 2018

Genpact unit Headstrong on sale; Kedaara-Partners Group may buy Vishal Mega Mart

IT companies Hexaware Technologies Ltd, Mphasis Ltd and L&T Infotech Ltd are among the potential bidders for business process outsourcing ......

Numetal pitches for latest bids for Essar Steel; Unitech land may be auctioned

General

15 May, 2018

Numetal pitches for latest bids for Essar Steel; Unitech land may be auctioned

Numetal Mauritius has moved the National Company Law Appellate Tribunal (NCLAT) to consider the second round of bids for debt-laden ......

Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House

Manufacturing

11 May, 2018

Stressed assets: Binani battle drags on; Bhushan's door opens for Liberty House

A year ago, on 5 May 2017 to be precise, the government gave greater powers to the Reserve Bank of ......

Alphabet may pick minority stake in Flipkart; Numetal ups bid for Essar Steel

General

27 April, 2018

Alphabet may pick minority stake in Flipkart; Numetal ups bid for Essar Steel

Google’s parent Alphabet Inc. may invest $1-2 billion (Rs 6,672-13,345 crore) in homegrown e-commerce major Flipkart to pick up a ......

Numetal, ArcelorMittal back in the game for Essar Steel

Manufacturing

20 April, 2018

Numetal, ArcelorMittal back in the game for Essar Steel

In a fresh twist to the insolvency proceedings of Essar Steel Ltd, the lenders to the beleaguered steelmaker will again ......

JSW Steel, NuMetal submit joint bid for Essar Steel

Manufacturing

02 April, 2018

JSW Steel, NuMetal submit joint bid for Essar Steel

Billionaire Sajjan Jindal-led JSW Steel Ltd said on Monday it has submitted a joint bid with Nu Metal and Steel ......