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MITTAL FAMILY CONSORTIUM
Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
‘IPL in safest hands’: Lalit Modi backs Mittal-Poonawalla takeover of Rajasthan RoyalsThe Mittal family, in partnership with Adar Poonawalla, is set to acquire a controlling stake in Rajasthan Royals. This significant deal va...
Mittal family-led consortium to acquire Rajasthan Royals in $1.65 billion dealThe Mittal family, led by Lakshmi N. Mittal and Aditya Mittal, is set to acquire a significant 75% stake in the Rajasthan Royals franchise....
Mittal family set to own 75% of Rajasthan Royals in $1.65 billion dealThe Mittal Family and Adar Poonawalla are set to acquire a controlling stake in the Rajasthan Royals IPL franchise. The deal values the tea...
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
Consortium led by Aditya Birla Group and The Times of India acquires RCB for $1.8 billionRoyal Challengers Bangalore has been acquired for a staggering $1.8 billion by a consortium including Aditya Birla Group and The Times of I...
Both Arcelormittal, Numetal back in race for Essar SteelNumetal and ArcelorMittal have challenged each other’s eligibility under the provisions of Insolvency and Bankruptcy Code (IBC), which proh...
Essar bid: Numetal too has to clear dues of connected partiesLenders have asked both Numetal and ArcelorMittal to make a case for their eligibility to bid for Essar Steel on May 2 and give a plan to c...
ArcelorMittal will get a shot at Essar Steel only after clearing pending duesThe committee of creditors will meet early next week to decide on the future course of action, said two senior bank officials.
‘Arcelor’s stake sale in Uttam Galva violates their bank undertaking’Shareholders alleged that ArcelorMittal transferred shares without seeking permission of lenders.
NCLT advances Essar Steel hearing to TuesdaySSG Capital, Numetal, Arcelor-Mittal, Vedanta Resources, Tata Steel and Nippon are among the six entities that initially showed interest in...
ArcelorMittal set to take part in Essar Steel rebidEssar Steel’s committee of creditors (CoC) had rejected ArcelorMittal’s bid — and that of rival Numetal — for failing to pass test criteria...
Numetal moves NCLT after ‘ineligible’ bid for Essar SteelNumetal, which is part owned by Russian firm VTB, moved the Ahmedabad bench of the NCLT. The tribunal will hear the matter on April 4 .
Lenders bank on Essar Steel rebids to cut lossesEssar Steel is expected to go under the hammer once again early next month after the resolution professional conveyed to banks that the onl...
ArcelorMittal-Macregaglia bid liven up race for IlvaCommenting on the move, Lakshmi N. Mittal, chairman and chief executive, ArcelorMittal said: “We believe the ArcelorMittal and Marcegaglia ...
'I have been made a political scapegoat': MittalDenying corruption charges, Sudhanshu Mittal, on whose premises income tax sleuths conducted searches, today said he has been made a "polit...
- Mittal, OIL clamour for HPCL refinery pie
While sources in industry said that LN Mittal is likely to pick up 49% equity stake in the refinery, public sector Oil India (OIL) is also ...