ArcelorMittal
Manufacturing
NCLT rejects Ruias' loan settlement offer for Essar Steel
The National Company Law Tribunal (NCLT) has rejected a loan settlement offer by Essar Steel's promoters, in a big blow ......
General
Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan
IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has received takeover interest from ......
Finance
SBI puts its entire loan exposure to debt-laden Essar Steel on the block
State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......
Manufacturing
Day after Ruias' offer, Essar Steel creditors choose ArcelorMittal-led joint bid
Japan’s Nippon Steel & Sumitomo Metal Corp. and alloy giant ArcelorMittal said on Friday the lenders of Essar Steel India ......
Manufacturing
Ruias offer to pay $7.4 bn to Essar Steel creditors to scupper ArcelorMittal deal
Essar Steel India Ltd has offered to pay Rs 54,389 crore ($7.4 billion) to its creditors to come out of ......
General
ArcelorMittal sweetens offer for Essar Steel; SoftBank eyes stake in FirstCry
ArcelorMittal, the world's largest steelmaker, has increased its offer to acquire debt-laden Essar Steel Ltd, media reports said on Wednesday. The ......
General
Tiger Global raises $3.75 bn fund; Indiabulls mulls share sale in OakNorth
US-based hedge fund and venture investor Tiger Global Management has raised $3.75 billion in its latest VC fund, the Financial ......
Manufacturing
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 ......
General
AION eyes stake in Lakshmi Vilas Bank; ArcelorMittal circles Essar group firm
Special situations private equity firm AION Capital Partners has joined the list of suitors for a significant minority stake in ......
Manufacturing
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 ......
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