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ESSAR STEEL COMPANY
AM/NS takes over banks' claims linked to Essar Group promoters' personal guarantees"Banks had claims attached to the personal guarantees issued by the Essar promoters which was linked to the Essar Steel resolution. AM/NS' ...- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- 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...
- GreenLine to invest Rs 1,500 crore in LNG trucking push, sees major diesel savingsGreenLine Mobility Solutions plans a Rs 1,500 crore investment to expand its LNG truck fleet to 10,000 and establish 50 refuelling stations...
- Mesabi Metallics secures $150 million from Macquarie for Minnesota iron ore projectMesabi Metallics, a proud member of the Essar Group, has successfully garnered USD 150 million in funding from Macquarie Group. This invest...
- Bombay HC directs directors of two Essar Group companies to disclose their assetsThe court has issued this direction in a contempt petition filed by ArcelorMittal Nippon Steel India against Essar Services India Pvt Ltd (...
- ArcelorMittal moves NCLAT to speed up Essar hearingIf the National Company Law Tribunal (NCLT) fails to do so, the NCLAT said, it will call the matter and pass an order on the next hearing o...
- Vedanta unlikely to participate in rebidding of Essar SteelVedanta had submitted an Expression of Interest (EoI) for Essar Steel but did not bid for the bankrupt steel maker which owes over Rs 45,00...
- Numetal, Arcelor enter last lap in Essar Steel bidOther contenders, including Tata Steel & Vedanta’s Anil Agarwal, pull out
- ArcelorMittal, Nippon tie up to jointly bid for Essar SteelArcelorMittal and Nippon Steel had originally planned to submit independent bids for Essar Steel, which is among the five steel companies u...
- Essar Group, Tatas, ArcelorMittal eye Essar Steel"Essar Group has submitted EoI for Essar Steel. A resolution plan will be submitted to IRP within the scheduled time frame," an Essar Group...
- Essar Steel Minnesota hires debt restructuring advisers: SourcesEssar Steel has hired financial and legal advisers to help it restructure its debt, according to people familiar with the matter.
- Essar Steel inks Rs 960 crore pact with Harsco to recover iron from slagRuias-promoted Essar Steel has inked a Rs 960 crore pact ($ 160 million) with Harsco India for recovering iron from slag.
- Essar Steel's finished steel production goes up 35% in Q1Essar Steel also saw a 40.74% jump in crude steel production to 1.14 million tonne in April-June 2011, up from 0.81 million tonne in previo...
- Essar to acquire majority stake in Zimbabwe steel firmEssar group has reached a deal to acquire majority stake in ZISCO and would invest an $750 mn for revival of African nation's state-run ste...
- Essar Steel plans to raise $1 bn from overseas marketEssar Steel, the flagship company of the $15-billion Essar Group, is planning to raise $1 billion (Rs 4,600 crore) from overseas markets to...
- Essar steel's retail venture touches topline of Rs 565 crSteelmaker Essar Steel on Tuesday said its retail venture, Essar Steel Hypermart, contributed Rs 565 crore, nearly 20 per cent, to the comp...
- Essar Steel eyes two Indonesia projectsThe Ruias-controlled Essar Steel is planning to set up two steel projects in Indonesia for $1 billion.
- Essar Steel seeks shareholders' nod to delist sharesEssar Steel on Monday said it will seek shareholders' approval to delist the equity shares of the company from the bourses by way of postal...
- Essar to bring all holdings under overseas umbrellaThe Essar group is in the process of consolidating its holdings in various businesses under a single overseas entity, Essar Global, in orde...
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