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ARCELORMITTAL ESSAR
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...- AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
- ArcelorMittal files contempt pleas against Essar entities in Bombay High CourtArcelorMittal is seeking a refundable security deposit that the erstwhile Essar Steel had paid to these two companies and were payable upon...
- Essar Cyprus arm sells 6 ships to ArcelorMittal for $80mThe ships are owned by Essar Shipping Cyprus, an arm of Essar Global Fund, and are not part of Essar Shipping, the publicly traded company ...
- LN Mittal’s son Aditya may head new Essar Steel boardArcelorMittal is integrating Essar Steel into its fold, marking the global giant's first major foray here.
- ArcelorMittal deploys team to oversee Uttam Galva operationsArcelorMittal, the world’s largest steelmaker, became the sole financial creditor of Uttam Galva after paying off outstanding dues of about...
- ArcelorMittal hits fresh hurdle over GPI duesSection 29(A) was introduced to prevent promoters from regaining control of companies that they had led to bankruptcy.
- ArcelorMittal wins bids to take over Essar Steel for Rs 42,000 croreArcelorMittal offered Rs 42,000 cr to settle Essar Steel's debt and a further Rs 8,000 cr of capital infusion.
- ArcelorMittal aims to complete negotiations swiftly with Essar CoCThe company has been trying for long to enter India but has not succeeded so far.
- ArcelorMittal ready to clear Uttam Galva, KSS Petron debt for Essar Steel bidArcelorMittal said it is preparing to repay dues worth Rs 4,554 crore of Uttam Galva and KSS Petron.
- CCI approves ArcelorMittal's acquisition of Essar SteelArcelorMittal and Numetal are in the race to acquire Essar, currently undergoing insolvency proceedings.
- Numetal, ArcelorMittal fight in Supreme Court over Essar Steel bidArcelorMittal exited the companies shortly before bidding for Essar Steel to become eligible under the law, Rohatgi told a two-judge bench ...
- Second round bids for Essar Steel to be opened on MondayIn the first round, ArcelorMittal had offered Rs 30,000 crore and Numetal Rs 18,000 crore.
- ArcelorMittal to NCLAT; The company was eligible to bid for Essar SteelArguing before the National Company Law Appellate Tribunal (NCLAT) on behalf of ArcelorMittal, senior advocate Harish Salve submitted that ...
- Uttam Galva promoters say unaware of ArcelorMittal move to clear dues"We are not aware of any such move. I have no communication of any kind," the company's chairman said on ArcelorMittal's reported move to t...
- Will be surprised if ArcelorMittal ineligible for Essar Steel bid: LN MittalThe Committee of Creditors (CoC) on May 2 had met representatives of ArcelorMittal and Numetal regarding their eligibility for Essar Steel ...
- Swift decision on Essar in interest of all stakeholders: ArcelorMittalThe CoC had met representatives of ArcelorMittal and Numetal which are in the race to acquire Essar Steel regarding their eligibility and a...
- ArcelorMittal says may pay off dues of Uttam Galva as a 'goodwill gesture'The Committee of Creditors (CoC) had yesterday met representatives of ArcelorMittal and Numetal which are in the race to acquire the stress...
- NCLAT agrees to hear NuMetal, ArcelorMittal petition in Essar Steel caseThe NCLAT issued notices to a committee of Essar Steel creditors, the resolution professional running an auction of the company and the two...
- ‘Arcelor’s stake sale in Uttam Galva violates their bank undertaking’Shareholders alleged that ArcelorMittal transferred shares without seeking permission of lenders.
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