ArcelorMittal
Manufacturing
ArcelorMittal forms JV with Nippon Steel to run Essar Steel
ArcelorMittal SA said on Monday it had formed a joint venture with Nippon Steel Corp to run Essar Steel, the ......
Finance
Cabinet clears changes in bankruptcy law to protect new owners
The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......
Manufacturing
Tata Steel plans to cut up to 3,000 European jobs
Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the ......
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the way for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
Manufacturing
Indian steelmakers face debt challenges after snapping up stressed assets
India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their bottom lines ......
Manufacturing
Steel tycoon Lakshmi Mittal's brother Pramod detained in Bosnia
Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime ......
Manufacturing
Supreme Court orders status quo on Essar Steel's sale to ArcelorMIttal
The Supreme Court on Monday put on hold the sale of debt-laden Essar Steel to ArcelorMittal for Rs 42,000 crore. A ......
Manufacturing
Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel
A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......
Manufacturing
NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover
An Indian court rejected on Thursday a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in ......
Healthcare
Stressed assets this week: Jet, Orchid Pharma and Aircel in focus
With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......
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