arcelormittal
NCLAT reserves order on ArcelorMittal takeover of Essar Steel
Essar Steel has reported an Ebitda of around Rs 4,000 crore during the over 600 days of insolvency period.
ArcelorMittal to pay Rs 42K cr for Essar Steel takeover: Co tells NCLAT
Senior advocate Harish Salve appearing for ArcelorMittal accused Ruias of creating hurdles in Essar Steel resolution process.
Essar Steel reports Rs 4,229 crore EBITDA during insolvency period
The Committee of Creditors (CoC) had voted in favour of Rs 42,000 crore take over plan of the global steel major ArcelorMittal.
ArcelorMittal resolution plan violative of IB Code: Ruia to NCLAT
Essar Steel submitted before the NCLAT that the resolution plan moved by ArcelorMittal is in violation of the IBC.
Tata Steel to continue to explore various business options in Europe: TV Narendran
The journey of de-leveraging and creating structurally strong enterprise continues, said TV Narendran.
Essar Steel shareholder seeks rejection of ArcelorMittal bid for company
Essar Steel shareholder ESAHL said ArcelorMittal India Ltd and its promoter Lakshmi Mittal had 'misled' Supreme Court.
Essar Steel posts EBITDA of Rs 2,000 crore, may use funds to repay creditors
The CoC had challenged the orders of the NCLAT of March 18 and March 20 before the Supreme Court by filing an SLP.
ArcelorMittal gets EC nod to sell European steel assets to Liberty House
The transaction closing is anticipated to occur before the end of the first half of this year.
Supreme Court halts ArcelorMittal payment to buy Essar Steel: report
India’s bankruptcy court had approved ArcelorMittal’s USD 6 billion bid for debt-ridden Essar on March 8.
NCLAT may ask ArcelorMittal to deposit Rs 42,000 cr for acquiring Essar Steel
The bench also directed the operational creditors and financial creditors of Essar Steel to file a chart next week.