Essar Steel
Finance
Will the NCLT order on DHFL deter financial investors from dabbling in IBC assets?
The bankruptcy tribunal’s move last Thursday directing lenders of Dewan Housing Finance Corporation (DHFL) to consider a settlement proposal from ......
Manufacturing
How ArcelorMittal Nippon is reforging Essar Steel after takeover
When brothers Shashi and Ravi Ruia set up Essar Steel India Ltd in 1998, they may never have imagined that ......
Finance
Flashback 2019: Few sectors, fewer big-ticket deals dominate top M&As
The total value of mergers and acquisitions (M&As) in India slumped in 2019, as only a handful of local companies ......
Infrastructure
Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector
After a lacklustre 2018, the Indian infrastructure sector would have hoped for a turnaround in its fortunes this year. But ......
Manufacturing
ArcelorMittal forms JV with Nippon Steel to run Essar Steel
ArcelorMittal SA said on Monday it had formed a joint venture with Nippon Steel Corp to run Essar Steel, the ......
Finance
Cabinet clears changes in bankruptcy law to protect new owners
The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......
Markets
Nifty, Sensex rise as banks surge; telecom stocks jump
Indian shares ended higher on Tuesday, led by gains in banking stocks, while shares of telecom companies surged on the ......
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the way for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
Manufacturing
Back from brink, Amtek faces debt resolution process again as SC orders fresh bids
Two weeks after staying the liquidation of Amtek Auto Ltd, India's top court has allowed lenders of the automobile component ......
General
Stressed assets: Essar Steel, Jet Airways cases drag on; Patanjali to buy Ruchi Soya
The distressed assets segment saw more action this week with at least one more well-known company reaching a resolution while ......
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