Essar Steel Ltd
Manufacturing
Ruias offer to pay $7.4 bn to Essar Steel creditors to scupper ArcelorMittal deal
Essar Steel India Ltd has offered to pay Rs 54,389 crore ($7.4 billion) to its creditors to come out of ......
General
ArcelorMittal sweetens offer for Essar Steel; SoftBank eyes stake in FirstCry
ArcelorMittal, the world's largest steelmaker, has increased its offer to acquire debt-laden Essar Steel Ltd, media reports said on Wednesday. The ......
Manufacturing
Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel
India's Supreme Court allowed ArcelorMittal SA and NuMetal to bid for debt-ridden Essar Steel after clearing their outstanding dues within ......
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 ......
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 ......
Manufacturing
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 ......
Manufacturing
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 ......
Finance
Why buyers of stressed assets must brace for a long-drawn-out process
In early May, the government empowered the Reserve Bank of India to direct lenders to start bankruptcy proceedings against large ......
Manufacturing
Karnataka to auction 14 iron ore mines by June
After almost a three-month lull of iron ore mine auctions in the country, the Karnataka government is set to auction ......
