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Supreme Court allows ArcelorMittal, NuMetal to bid for Essar Steel

Manufacturing

04 October, 2018

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 ......

ArcelorMittal raises bid for Essar Steel as bankruptcy battle heats up

Manufacturing

10 September, 2018

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 Vedanta ......

ArcelorMittal, VTB-led Numetal bid for Essar Steel

Manufacturing

13 February, 2018

ArcelorMittal, VTB-led Numetal bid for Essar Steel

ArcelorMittal SA and a group led by Russia’s VTB have made separate bids for India’s Essar Steel, which is undergoing ......

Ruias may rope in VTB, SSG for Essar Steel; Jhunjhunwala, Damani eye Binani Cement

General

16 January, 2018

Ruias may rope in VTB, SSG for Essar Steel; Jhunjhunwala, Damani eye Binani Cement

Essar Steel promoters, the Ruia Group, are planning to set up a consortium to retain control of the debt-laden company, ......