Essar Steel ruling: PSU bank shares rallyThe Nifty PSU Bank gained 3.28% to 2457.35 – the biggest one day gain since October 31.
16 Nov, 2019, 08.23 AM IST
Essar Steel case order: Here's what experts saySC said the two set of creditors will be treated differently during the insolvency proceedings and taking over of a debt-ridden firm by ano...
15 Nov, 2019, 10.30 PM IST
ET Explains: All about Essar Steel case and the latest twist in the taleThe company had been put on the block under IBC to recover over Rs 54,547 crore of unpaid dues.
23 Jul, 2019, 05.55 PM IST
Ruia, Essar Steel directors move NCLT to squash Mittal's bidThe NCLT bench comprising Manorama Kumari and Harihar Prakash Chaturvedi said it will decide Tuesday whether the petition will be admitted ...
04 Feb, 2019, 08.09 PM IST
SBI defers sale of Essar Steel loans to February 11SBI, which has the largest exposure in Essar Steel, has said it took the decision on request of potential buyers. The e-auction for the loa...
24 Jan, 2019, 11.15 PM IST
SBI puts Essar Steel loan on the blockSBI’s willingness to accept the haircut suggests the lender is not confident of an early resolution of Essar Steel’s outstanding debt.
17 Jan, 2019, 07.07 AM IST
NCLAT orders Ahmedabad court to expedite Essar Steel caseThe case has been running for about 500 days, while the maximum stipulated time for the resolution of any case under the Insolvency and Ban...
03 Jan, 2019, 01.41 PM IST
NCLT defers Essar Steel hearing to December 10The court was supposed to hear as many as 21 applications related Essar Steel resolution on Wednesday.
28 Nov, 2018, 02.38 PM IST
NCLT admits Essar Steel’s insolvency case, Satish Kumar Gupta appointed as IRPAfter losing a battle at Gujarat High Court, Essar Steel got engaged with legal tussle at NCLT, where SBI and SCB fought to ensure admissio...
02 Aug, 2017, 04.37 PM IST
Essar Steel case: Gujarat High Court's verdict on MondayA bench of Justice S G Shah reserved the judgement for July 17 after conclusion of the arguments by the steel major and those of the Reserv...
14 Jul, 2017, 11.20 PM IST
Essar Steel case: Gujarat High Court's verdict on MondayA bench of Justice SG Shah reserved the judgement for July 17 after conclusion of the arguments by the steel major and those of the Reserve...
14 Jul, 2017, 05.47 PM IST
How Essar Steel's legal challenge can scupper government's boldest move on bad loansCracking down on bad loans, RBI last month identified 12 accounts for insolvency proceedings with each of them having over Rs 5,000 crore o...
12 Jul, 2017, 04.13 PM IST
Already restructuring, stop insolvency actions: Essar Steel to Gujarat High CourtEssar Steel had moved the high court against insolvency proceedings initiated by the banks on the RBI direction.
07 Jul, 2017, 10.44 PM IST
Have zero tolerance on NPAs; fight cases: Finmin to banksThe ministry has been asking banks to take tough action against such borrowers and be ready to fight court cases as well, official sources ...
07 Jul, 2017, 10.41 PM IST
Defaulters may follow Essar route to block bankruptcyThe steelmaker got a stay on hearings on an insolvency petition moved by a bank. Other large loan defaulters may soon follow in its footste...
06 Jul, 2017, 11.18 AM IST
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.
25 Mar, 2016, 03.14 PM IST
- Essar GM J S Verma arrested for allegedly waging war against nation
A top official of Essar Steel was on Tuesday arrested by the Chattisgarh Police on allegations of waging war against the state.
27 Sep, 2011, 09.36 PM IST