Uttam Galva Steels Ltd
Manufacturing
Nithia Capital, CarVal Investors complete acquisition of two Uttam Galva units
Seven months after court approval, UK-based distressed steel investor Nithia Capital and American global alternative investment manager CarVal Investors have ......
General
Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva
Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due diligence for buying a controlling stake in ......
Manufacturing
NCLT approves CarVal's bid for Uttam Value Steels
The National Company Law Tribunal (NCLT) has approved the resolution plan submitted by a consortium of CarVal Investors and UK-based ......
Manufacturing
Former Mittal Steel exec's Nithia Capital sets sights on stressed steel assets
Nithia Capital Resources Advisors LLP, a London-based alternative investment manager and advisory firm, aims to acquire four to five steel ......
Manufacturing
CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units
A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has moved a ......
General
Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off
Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law Tribunal (NCLT) has admitted ......
Manufacturing
Tribunal rejects Macquarie Bank's suit against Uttam Galva unit
The National Company Law Tribunal has dismissed a money recovery suit filed by Australian lender Macquarie Bank Ltd against a ......