By FPJ Bureau
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
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 India Private Ltd.'s (AMIPL) resolution plan for Essar Steel India Ltd. ('ESIL') has been unconditionally approved by the S...Read More
Some operational creditors of Essar Steel and former promoters Ruia family are challenging the recent amendment to insolvency code.
The counsel for the committee of creditors (CoC) of Ruchi Soya said the judgment will not apply to any matter.
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
The Supreme Court on Monday ruled status quo on the sale of Essar Steel to ArcelorMittal.
The National Company Law Appellate Tribunal (NCLAT) on Thursday rejected Essar Steel promoter Prashant Ruia's plea against the Rs 42,000 ...Read More
New Delhi: Public sector banks (PSBs) have recovered close to Rs 1.2 lakh crore from stressed assets during the financial ended March, pr...Read More
New Delhi: The National Company Law Appellate Tribunal (NCLAT) on Tuesday reserved its order over a batch of petitions against ArcelorMit...Read More
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
New Delhi: Debt-ridden Essar Steel has registered an EBITDA (earnings before interest, tax, depreciation and amortization) of Rs 4,229 cr...Read More
New Delhi: Ministry of Corporate Affairs (MCA) sees total recovery to about Rs 2.8 lakh crore through resolutions with the settlement of ...Read More
New Delhi: Standard Chartered Bank (StanChart) on Tuesday slammed Essar Steel’s Committee of Creditors (CoC) for holding “secret” negotia...Read More
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
New Delhi: Prashant Ruia-led Essar Steel Asia Holdings (ESAHL), the majority shareholder in Essar Steel, on Tuesday moved the National Co...Read More
New Delhi: An Essar Steel’s majority shareholder on Tuesday moved NCLAT seeking rejection of ArcelorMittal’s Rs 42,000 crore bid of the b...Read More
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has preponed its scheduled hearing over the resolution process of debt-rid...Read More
New Delhi: The National Company Law Appellate Tribunal (NCLAT) hearing two major bankruptcy cases made substantial progress in them. One ...Read More
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