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Essar Steel

BSE: 500627|NSE: ESTL|ISIN: INE127A01021|SECTOR: Steel - Large
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Arguments conclude in Essar Steel case; NCLT reserves order

9.03 pm | 06 Apr 2018 |  Source: PTI

In the last lap of arguments today, Numetal and ArcelorMittal, both in the race to acquire the bankrupt Essar Steel, once again tried to convince the ...

Essar Steel auction: Marathon hearing to continue on April 5

8.57 pm | 04 Apr 2018 |  Source: Moneycontrol.com

Numetal and ArcelorMittal, both in the race for Essar Steel, had approached the NCLT after their bids were termed ineligible in the first round of bid...

Essar Steel auction: ArcelorMittal alleges Numetal is slowing down the resolution process

8.14 pm | 03 Apr 2018 |  Source: Moneycontrol.com

The Numetal consortium is led by Russia’s VTB Capital and includes engineering company TFE and Indo International Trading....

ArcelorMittal-Nippon Steel & Sumitomo Metal combine an 'unbeatable one', say execs

7.05 pm | 03 Apr 2018 |  Source: Moneycontrol.com

The partners plan to expand Essar Steel's capacity to up to 20 million tons per annum, from the present 10 million tons per annum...

Essar Steel auction: Allegations mount ahead of second round bids deadline

7.55 am | 02 Apr 2018 |  Source: Moneycontrol.com

Uttam Galva's minority shareholders write to lenders against ArcelorMittal; the world's largest steelmaker terms it as "trivial matter"....

Odisha Slurry Pipeline: NuMetal to re-finance debt

12.49 pm | 31 Mar 2018 |  Source: CNBC-TV18

In a move that will complicate the sale process of Essar Steel, NuMetal is learnt to have offered to refinance Odisha Slurry Pipeline Infra's debt...

Numetal makes fresh bid for Essar Steel 

3.48 pm | 28 Mar 2018 |  Source: CNBC-TV18

With just a few days to go before the deadline to submit fresh bids for Essar Steel ends, after being rejected in the first round, CNBC-TV18 learns th...

Essar Steel: ArcelorMittal drags bankers' rejection to NCLT

4.56 pm | 26 Mar 2018 |  Source: PTI

The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal's bid along with that of Numetal - the only two bidders for the crippled ...

After Numetal, ArcelorMittal now moves NCLT on Essar Steel bid

4.44 pm | 26 Mar 2018 |  Source: Moneycontrol.com

The Lakshmi Mittal company contends that it has been declassified as Uttam Galva promoter...

JSW out of the race for Essar Steel 

1.49 pm | 26 Mar 2018 |  Source: CNBC-TV18

In a media briefing, Sajjan Jindal, Chairman of JSW Group is clarifying his plans in terms of whether or not he can bid for Essar Steel and whether or...

ArcelorMittal plans to rebid for Essar Steel

2.43 pm | 23 Mar 2018 |  Source: PTI

The SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal -- SPV floated by Russian lender VTB Bank and Rewant ...

Essar Steel auction: Numetal moves NCLT to prove its bid eligible

2.26 pm | 21 Mar 2018 |  Source: Moneycontrol.com

Numetals is preempting a possible disqualification of its bid...

'Essar Steel re-bidding issue may be taken up on Wednesday'

2.59 pm | 19 Mar 2018 |  Source: PTI

Pending decision on eligibility of bidders for debt-laden Essar Steel, lenders and Insolvency Resolution Professional (IRP) are likely to meet on Wedn...

Lakshmi Mittal 's global empire: An asset or a liability in his Essar Steel bid?

8.45 pm | 17 Mar 2018 |  Source: Moneycontrol.com

With Mittal making a case for ArcelorMittal's global experience in the Essar Steel bid, here is a look into how the world's largest steelmaker...

US Chamber of Commerce warns Donald Trump against China tariffs

10.20 am | 16 Mar 2018 |  Source: Reuters

U.S. Chamber of Commerce President Thomas Donohue said in a statement on Thursday that such tariffs, associated with a probe of China's intellectu...

Government must give up control of public sector banks, says N Vaghul 

5.34 pm | 15 Mar 2018 |  Source: CNBC-TV18

On Wednesday, Governor Urjit Patel did just that. In one of his most plain speaking speeches he said, "RBI's regulatory powers over public sector ...

ArcelorMittal best partner for Essar Steel, says Malay Mukherjee

2.51 pm | 12 Mar 2018 |  Source: Moneycontrol.com

The steel veteran, says the sale of stressed assets is a step in the right direction....

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