Essar Steel
Manufacturing
NCLT approves ArcelorMittal's takeover bid for Essar Steel
The National Company Law Tribunal (NCLT) approved steel giant ArcelorMittal SA's takeover bid for debt-ridden Essar Steel,...
Infrastructure
ArcelorMittal makes bid to acquire Essar's Mahan power plant
ArcelorMittal SA, the world’s biggest steelmaker, has bid 48 billion rupees ($673 million) to acquire Essar’s 1200...
Manufacturing
NCLT rejects Ruias' loan settlement offer for Essar Steel
The National Company Law Tribunal (NCLT) has rejected a loan settlement offer by Essar Steel's promoters, in a big blow ......
Finance
Running out of patience, more banks are putting bad loans on the block
Lenders including India’s largest bank are opting to sell their loan exposures to companies facing insolvency even as the...
Finance
SC deals blow to Ruias, other promoters seeking to regain control of insolvent firms
The Supreme Court on Friday upheld the two-year-old Insolvency and Bankruptcy Code (IBC) in its entirety, thereby continuing to...
General
JSW may back Ruias for Essar Steel bid; Blackstone, Xander eye VG Siddhartha's estate
The Ruia family, in an effort to win back control of Essar Steel Ltd, has offered to repay Rs 54,389 ......
General
Edelweiss, Altico in race for IL&FS PE; SBI finds few takers for Essar Steel loan
IL&FS Investment Managers Ltd, the private equity arm of Infrastructure Leasing & Financial Services Ltd, has received...
Finance
SBI puts its entire loan exposure to debt-laden Essar Steel on the block
State Bank of India (SBI) has put its entire loan exposure to debt-laden Essar Steel Ltd worth Rs 15,431 crore ......
Manufacturing
Day after Ruias' offer, Essar Steel creditors choose ArcelorMittal-led joint bid
The committee of creditors of debt-laden Essar Steel India Ltd has chosen ArcelorMittal SA and Japan's Nippon Steel &...
General
Tiger Global raises $3.75 bn fund; Indiabulls mulls share sale in OakNorth
Indiabulls Housing Finance is looking to sell all or a part of its 18.7% stake in London-based lender OakNorth Holdings ......
Most Popular
Google News
Follow VCCircle on Google News for the latest updates on Business and Startup News