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Uttam Galva Steels Ltd

Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units

Manufacturing

Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units

Seven months after court approval, UK-based distressed steel investor Nithia Capital and American ...

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

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Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due ...

NCLT approves CarVal's bid for Uttam Value Steels

Manufacturing

NCLT approves CarVal's bid for Uttam Value Steels

The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium ...

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Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Manufacturing

Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets

Nithia Capital Resources LLP, a London-based alternative investment manager and advisory firm, aims ...

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

Manufacturing

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction ...

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

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 rejects Macquarie Bank's suit against Uttam Galva unit

Manufacturing

Tribunal rejects Macquarie Bank's suit against Uttam Galva unit

The National Company Law Tribunal has dismissed a money recovery suit filed by Australian lender ...