ArcelorMittal

Finance

15 May, 2019

What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals

The definition of “control” of a listed company under the Securities and Exchange Board of India's (SEBI) Takeover Code has ......

General

10 May, 2019

Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy

Large insolvency cases saw several twists and turns over the past week as lenders struggled to find investors for resolution ......

Manufacturing

08 May, 2019

JSW Steel ups bankruptcy-resolution offer for steel products maker Asian Colour

JSW Steel, which had emerged as the lone bidder for Asian Colour Coated Ispat Ltd, has increased its bankruptcy-resolution offer ......

Manufacturing

07 May, 2019

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

Essar Steel India Ltd’s promoter Ruia family has once again challenged global steel giant ArcelorMittal’s bid for the bankrupt local ......

Manufacturing

26 April, 2019

Essar Steel lenders dig in their heels against StanChart, operational creditors

Essar Steel India Ltd’s Committee of Creditors (CoC) is sticking to its stand on how to distribute the capital ArcelorMittal ......

General

12 April, 2019

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system, has ......

Infrastructure

12 April, 2019

Arcelor's wait for Essar Steel gets longer as SC steps in to resolve lenders' tiff

ArcelorMittal's wait to buy Essar Steel, and enter the domestic steel industry, just got longer. More than a month after the ......

Manufacturing

08 March, 2019

NCLT approves ArcelorMittal's takeover bid for Essar Steel

India’s bankruptcy court on Friday approved global steel giant ArcelorMittal SA’s bid for debt-ridden Essar Steel, potentially ending months of ......

General

20 February, 2019

ArcelorMittal eyes Essar port, plant; GIC, Mitsubishi vie for GMR Airports stake

Essar Group held talks with ArcelorMittal over the sale of its port and power plant at Hazira in Gujarat, The ......

Infrastructure

19 February, 2019

ArcelorMittal makes bid to acquire Essar's Mahan power plant

ArcelorMittal SA, the world’s biggest steelmaker, has bid 48 billion rupees ($673 million) to acquire Essar’s 1200 megawatt power plant ......