Essar Steel
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 ......
General
Cabinet's changes to bankruptcy law spark hope for improved, faster resolutions
The Cabinet’s approval of several changes to the bankruptcy law, such as increasing the resolution period to 330 days and ......
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 ......
Finance
Alvarez & Marsal's Nikhil Shah on rising dealmaking activity in stressed assets
Turnaround and restructuring specialist Alvarez and Marsal has been in the thick of the resolution proceedings initiated under India’s Insolvency ......
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. ......
General
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 ......
General
Stressed assets this week: Essar Steel case drags on; Jet may fly to NCLT
Developments in the stressed assets’ space have picked up pace, with large assets seeing changes at various levels, according to ......
General
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
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 ......
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