ArcelorMittal exited the companies shortly before bidding for Essar Steel to become eligible under the law, Rohatgi told a two-judge bench ...

After targeting Russia's VTB Group-backed Numetal, ArcelorMittal has now targetted Vedanta Ltd - the third bidder in the race to acquire de...

The apex court refused urgent hearing for ArcelorMittal's plea for payment of Rs 7,000 crore by today for its second bid to become eligible.

ArcelorMittal's first bid was rejected because of its holding in loan defaulting companies, Uttam Galva Steel and KSS Petron.

Industry experts were divided on whether Arcelor’s ‘disability’ was based on the status of its declassification as promoter of Uttam Galva ...

Both ArcelorMittal and Numetal have moved the NCLT challenging the rejection of their bids for Essar Steel.

Vedanta 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...

The SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal finding them ineligible under the IBC.

The Essar bidding is poised to be the biggest in the current round of auction of stressed steel assets and is likely to involve anywhere be...

The committee of lenders discussed the option of going for a second round of bidding as both Numetal's and ArcelorMittal's bids were held i...

Numetal and ArcelorMittal are the only two bidders for the 10-million tonne Essar Steel assets at Hazira, which owe the banks more than Rs ...

Lakshmi Mittal remains a top FDI draw into the country. Will Essar Steel give the world’s largest steelmaker the breakthrough he has so lon...

Other contenders, including Tata Steel & Vedanta’s Anil Agarwal, pull out

The consortium that is believed to be spearheading the Ruia family’s bid to retain Essar Steel, is buying a majority stake in Orissa Slurry...

ArcelorMittal and Nippon Steel had originally planned to submit independent bids for Essar Steel, which is among the five steel companies u...

Essar Steel's bid to acquire Esmark has come for a strong opposition from the US steel maker's major stockholder Franklin Mutual Advisers, ...

Another bidding war seems to be brewing in the steel sector with Indian conglomerate Essar group's $1.1 billion takeover offer for Esmark o...