MAKRAM ABBOUD
Lawyers figuring out various bidding options: VTB CapitalBankruptcy laws do not allow promoters of insolvent companies to bid for their assets either directly or through consortium-type structures...
After NCLT order, Essar Steel lenders to decide on status of Numetal, Ruia contentionNumetal sources said the court order implies that the lenders’ committee will have to consider the original bid by the consortium, in which...
Will Essar Steel help Lakshmi Mittal come home?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...
Aditya Mittal new president of ArcelorMittalThis nomination reflects the increasing global strategic role Aditya has across the group, supporting chairman and CEO Lakshmi Mittal, it s...
Numetal ready to even drop Ruias to acquire Essar SteelNumetal is open to dropping the Ruias if their presence in the consortium is found to be in violation of the Insolvency and Bankruptcy Code...
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