Essar Steel

General

21 February, 2018

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

14 February, 2018

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

13 February, 2018

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

07 February, 2018

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

16 January, 2018

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

16 November, 2017

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

27 October, 2017

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

24 October, 2017

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

10 October, 2017

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

24 July, 2017

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 ......