Essar Steel
General
Blackstone eyes Indiabulls' rental arm; KKR, PremjiInvest bid for Vishal Mega Mart
Private equity giant Blackstone Group is in an advanced stage of discussions with Indiabulls Real Estate Ltd to buy a ......
General
Liberty House eyes Bhushan Power; Court stays Odisha pipeline sale to VTB-Ruias JV
London-based metals trader Liberty House Group seeks an extension to the deadline for submitting a bid for steel player Bhushan ......
Manufacturing
ArcelorMittal, VTB-led Numetal bid for Essar Steel
ArcelorMittal SA and a group led by Russia’s VTB have made separate bids for India’s Essar Steel, which is undergoing ......
General
Vodafone may exit Indus Towers; HDFC eyes control of GIC-backed Can Fin Homes
Telecom major Vodafone is in advanced talks to sell its 42% stake in Indus Towers Ltd to tower infrastructure firm ......
General
Ruias may rope in VTB, SSG for Essar Steel; Jhunjhunwala, Damani eye Binani Cement
Essar Steel promoters, the Ruia Group, are planning to set up a consortium to retain control of the debt-laden company, ......
General
Apax, Carlyle eye Royal Sundaram; Suzlon may sell stake in subsidiary to pare debt
Private equity firms Apax Partners and Carlyle Group are considering bidding for a stake in Royal Sundaram General Insurance Co. ......
General
Ruias, VTB Capital tie up for Essar Steel bid; IDFC-Shriram merger in limbo
Essar Steel promoters, the Ruia Group, have tied up with Russian investment bank VTB Capital to retain control of the ......
General
Ambit Flowers may raise $1 bn; ArcelorMittal, Tata Steel eye Essar Steel assets
Ambit Flowers ARC, an asset restructuring joint venture between Mumbai-based brokerage Ambit Holdings Pvt. Ltd and New York-headquartered private equity ......
General
SSG Capital eyes stake in Catholic Syrian Bank; Tata Steel keen on Essar plant
Singapore-based distressed assets fund SSG Capital Management and homegrown non-banking financial company InCred Finance are vying against each other to ......
Opinion
What the Gujarat High Court's order on Essar Steel-RBI tussle means
The Gujarat High Court has made its observations on several intriguing issues concerning the Insolvency and Bankruptcy Code, 2016, while ......