Steel
Infrastructure
Race for Holcim's India assets intensifies
JSW Group plans to compete aggressively with Adani Group for assets of Holcim AG's local cement businesses, two...
Manufacturing
Nithia Capital acquires stressed steel firm for $80 mn
UK-based advisor and distressed steel investor Nithia Capital announced it has completed the acquisition of Crest Steel and Power...
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be...
Manufacturing
Omkara Assets Reconstruction's bid for Odisha steel maker gets greenlight
The bankruptcy tribunal has okayed Omkara Assets Reconstruction Pvt Ltd’s bid to acquire Jagannath Sponge Private Ltd in...
Manufacturing
Lenders okay JC Flowers ARC's bumped-up purchase plan for stressed pipemaker
Lenders led by government-owned Canara Bank have okayed JC Flowers Asset Reconstruction Company’s bumped-up acquisition...
Manufacturing
Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders
Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing...
Manufacturing
JC Flowers ARC emerges top bidder for Sathavahana Ispat but lenders seek better offer
Eight Capital-backed JC Flowers Asset Reconstruction Company has emerged as the highest bidder for stressed maker of pig iron...
Infrastructure
Govt levies charge on steel imports from China, weighs customs duty on solar gear
India has imposed an anti-dumping duty on flat rolled steel products that are plated or coated with alloy of aluminium ......
Manufacturing
JSW Steel inches closer to acquiring another bankrupt firm
JSW Steel got one step closer to becoming the largest steel firm in the country as a bankruptcy appeals court ......
Manufacturing
Thyssenkrupp files complaint over Brussels' veto against Tata JV
Thyssenkrupp on Thursday said it is filing a complaint with Europe’s general court to dispute an antitrust decision to block...
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