ArcelorMittal
Manufacturing
Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel
The Supreme Court on Thursday allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after paying outstanding...
General
AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm
Special situations private equity firm AION Capital Partners has joined the list of suitors for a significant minority stake in...
Manufacturing
ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up
Steel giant ArcelorMittal SA has raised its bid for India's debt-laden Essar Steel in competition with Russia's VTB and...
Manufacturing
With eye on Essar Steel, Japan's Nippon Steel keen to boost India presence
Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp sees India as the most promising market and wants to become...
General
Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off
Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......
Manufacturing
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 ......
Manufacturing
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 ......
General
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...
Manufacturing
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 ......
General
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 ......
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