ArcelorMittal

ArcelorMittal to sell 50% shipping business stake to DryLog

ArcelorMittal to sell 50% shipping business stake to DryLog

The transaction is expected to complete before the 2019-end, ArcelorMittal said in a statement.

ArcelorMittal to own, operate Essar Steel via Nippon Steel JV

ArcelorMittal to own, operate Essar Steel via Nippon Steel JV

In one of the biggest influxes of FDI in brownfield project, steel and mining major ArcelorMittal and Nippon Steel have infused around Rs...Read More

Dear SBI, your a/c is credited with Rs 40K cr; Txn from ArcelorMittal for Essar Steel banks

Dear SBI, your a/c is credited with Rs 40K cr; Txn from ArcelorMittal for Essar Steel banks

Mumbai: With ArcelorMittal crediting Rs 40,000 crore to State Bank of India for the lenders of Essar Steel, a long standing wait has fina...Read More

ArcelorMittal aims to complete Essar Steel acquisition by 2019-end

ArcelorMittal aims to complete Essar Steel acquisition by 2019-end

ArcelorMittal India Private Ltd.'s (AMIPL) resolution plan for Essar Steel India Ltd. ('ESIL') has been unconditionally approved by the S...Read More

SC sets aside NCLAT order approving ArcelorMittal's bid to acquire Essar Steel

SC sets aside NCLAT order approving ArcelorMittal's bid to acquire Essar Steel

The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-lade...Read More

ArcelorMittal to cut 2000 jobs in South Africa

ArcelorMittal to cut 2000 jobs in South Africa

Global steel giant ArcelorMittal said Wednesday it could slash nearly a quarter of its workforce in South Africa in a bid to curb costs a...Read More

Supreme Court status quo on Essar Steel sale to ArcelorMittal

Supreme Court status quo on Essar Steel sale to ArcelorMittal

The Supreme Court on Monday ruled status quo on the sale of Essar Steel to ArcelorMittal. A bench headed by Justice Rhinton F. Nariman ad...Read More

SC's status quo on Essar Steel sale to ArcelorMittal

SC's status quo on Essar Steel sale to ArcelorMittal

The Supreme Court on Monday ruled status quo on the sale of Essar Steel to ArcelorMittal.

Prashant Ruia's plea v/s Arcelor's bid for Essar rejected

Prashant Ruia's plea v/s Arcelor's bid for Essar rejected

The National Company Law Appellate Tribunal (NCLAT) on Thursday rejected Essar Steel promoter Prashant Ruia's plea against the Rs 42,000 ...Read More

NCLAT reserves order on Essar Steel case

NCLAT reserves order on Essar Steel case

New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday reserved its order over a batch of petitions against ArcelorMit...Read More

Will pay Rs 42,000 crore for Essar Steel: ArcelorMittal

Will pay Rs 42,000 crore for Essar Steel: ArcelorMittal

New Delhi: Global steel major ArcelorMittal Monday told the National Company Law Appellate Tribunal (NCLAT) that it would pay Rs 42,000 c...Read More

StanChart slams Essar CoC for holding ‘secret’ talks with ArcelorMittal

StanChart slams Essar CoC for holding ‘secret’ talks with ArcelorMittal

New Delhi: Standard Chartered Bank (StanChart) on Tuesday slammed Essar Steel’s Committee of Creditors (CoC) for holding “secret” negotia...Read More

Arcelor paying only Rs 39,500 cr for Essar Steel: Kapil Sibal

Arcelor paying only Rs 39,500 cr for Essar Steel: Kapil Sibal

New Delhi: The world’s largest steelmaker ArcelorMittal is in effect paying Rs 39,500 crore and not Rs 42,000 crore for buying Essar Stee...Read More

NCLAT prepones hearing on Essar Steel to May 7

NCLAT prepones hearing on Essar Steel to May 7

New Delhi: The National Company Law Appellate Tribunal (NCLAT) has preponed its scheduled hearing over the resolution process of debt-rid...Read More

SBI files recovery suit against Ravi Ruia

SBI files recovery suit against Ravi Ruia

Ahmedabad: The State Bank of India filed a recovery suit against Prashant and Ravi Ruia, before the Debt Recovery Tribunal (DRT) here in ...Read More

Supreme Court orders status quo on Essar Steel India bid

Supreme Court orders status quo on Essar Steel India bid

New Delhi: The Supreme Court (SC) on Friday restrained steel manufacturing giant ArcelorMittal from acquiring Essar Steel India and order...Read More

NPA recovery target in jeopardy on Essar Steel

NPA recovery target in jeopardy on Essar Steel

New Delhi: The delay in actual realisation from the resolution of the big-ticket cases like Essar Steel has put the NPAs, or bad loans, r...Read More

ArcelorMittal Essar Steel case

ArcelorMittal Essar Steel case

New Delhi: The insolvency proceedings of the debt-laden Essar Steel may take more time to see the light at the end of the tunnel with the...Read More

Ex Essar Steel directors approach NCLAT

Ex Essar Steel directors approach NCLAT

New Delhi: Three directors of erstwhile Essar Steel had approached the National Company Law Appellate Tribunal (NCLAT) against a lower ba...Read More

ArcelorMittal facing excess capex ‘risks’ on proposed Essar acquisition

ArcelorMittal facing excess capex ‘risks’ on proposed Essar acquisition

London: ArcelorMittal on Monday said it is staring at various risks including excess capex and delays in achieving commercial objectives ...Read More

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