arcelormittal
Second round bids by NuMetal, Vedanta for Essar Steel valid, says NCLAT
Justice S J Mukhopadhaya directed lenders of the Essar Steel to expeditiously take a decision.
NCLAT to hear ArcelorMittal, NuMetal pleas tomorrow
NCLAT had ordered status quo on insolvency of Essar Steel for two months.
Lenders move NCLAT for early hearing in Essar Steel case
The NCLAT had on May 22 ordered hearing on the appeals on a daily basis from July 23-26.
ArcelorMittal sees capex rising to USD 3.8 billion in 2018
ArcelorMittal has already announced a major USD 1 billion investment programme for its Mexican operations.
ArcelorMittal Q1 net profit up 19 per cent at USD 1.2 billion
The firm, led by billionaire Lakshmi N Mittal, also saw its net debt decrease to USD 11.1 billion.
Eying opportunities beyond steel also: L N Mittal
ArcelorMittal is evaluating opportunities that complement its existing business and asset base.
Essar Steel case: NCLAT to hear NuMetal, ArcelorMittal petition
The NCLAT took up the petitions on a day when a panel of lenders to Essar Steel is slated to meet to decide if fresh bids are to be called.
NCLT declares rebid for Essar Steel invalid
Essar Steel owes around Rs 49,000 crore to banks, is the biggest asset on the block right now.
Essar Steel: ArcelorMittal drags bankers' rejection to NCLT
The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal's bid along with that of Numetal.
ArcelorMittal to form JV with Nippon Steel to buy India's Essar Steel
In February, ArcelorMittal and a group led by Russia’s VTB made separate bids for Essar Steel.