Numetal makes Rs 37,000 crore bid for Essar Steel in round 2The disclosure was made even as the bankruptcy court declared the second round invalid and directed the resolution professional not to open...
18 May, 2018, 06.28 AM IST
ArcelorMittal parks Rs 7,000 crore with SBI to clear Uttam Galva duesA core committee of lenders of Essar Steel met the executives of the companies in Mumbai after ArcelorMittal’s payment was credited to the ...
16 May, 2018, 08.49 AM IST
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...
30 Apr, 2018, 01.04 PM IST
Lenders go all out to recover Essar Steel loans, to invoke Ruias’ personal guaranteesEssar Steel faces claims of Rs 49,138 cr from financial creditors. SBI accounts for the largest share of Rs 13,131 cr, followed by IDBI Ban...
05 Feb, 2018, 01.59 PM IST
Loop telecom likely to restart process seeking damagesArbitration proceedings started overseas by Loop Telecom’s top investor seeking damages of about $1.5 billion and a case filed in a local t...
22 Dec, 2017, 01.05 AM IST
'16 at heart' Zulfiquar Memon celebrates 40th birthday with Ravi Ruia, Yash & Avanti Birla, and Atulya MafatlalTalking about turning a year older, the son of lawyer and Rajya Sabha MP Majeed Memon said that age is just a number.
06 Dec, 2017, 10.49 AM IST
From Ratan Tata, Anil Ambani to Sunil Mittal: A look at business leaders probed by CBIWhile several industry leaders have been quizzed by the investigative agency, there are others who have been slapped with serious criminal ...
16 Oct, 2013, 01.28 PM IST
- 'Khaitans paid 700 crore for Loop stake'
IP Khaitan Group said it has certified bank documents showing Rs 700 cr investments, sourced from its group businesses, to pick up 98% stak...
19 Dec, 2011, 09.30 AM IST
Essar Group & 2G case: Will the Ruia's fight it out successfully?Given that corporate India has never had so many of its senior execs doing the rounds of courts, the Ruias probably have a tougher battle t...
18 Dec, 2011, 10.38 AM IST
- 2G scam: CBI may file charges against Essar promoters, Ravi Ruia & VC Anshuman Ruia
CBI concluded that Loop had been funded, controlled and managed by Essar, violating telecom licence conditions.
26 Sep, 2011, 03.54 AM IST
- Essar Group's new core team to call the shots
Essar gives top officials decision-making powers; move a break from the past when promoters & directors held sway.
16 Sep, 2010, 02.33 AM IST
- Essar's Ravi Ruia relocates to London; to raise $3bn
Ravi Ruia is moving to London to help the group raise $2.5-3 bn by listing Essar Energy Holdings, which owns the group’s oil assets, on LSE.
02 Apr, 2010, 04.41 AM IST
- Sarin arrives today for Hutch integration
Vodafone chief executive Arun Sarin is arriving in India on Thursday night to start the integration process after the acquisition of India’...
14 Jun, 2007, 01.53 AM IST
- Hutch to become 'Vodafone Essar'
The two firms have agreed to rename Hutchison Essar as Vodafone Essar.
15 Mar, 2007, 10.30 AM IST
- Ruias to stay put in Hutch Essar
The roses sent by Vodafone CEO to the Ruias of Essar group on Valentine’s Day were not wasted.
16 Feb, 2007, 01.48 AM IST
- Essar’s top guns in fresh talks with HTIL
Essar vice-chairman Ravi Ruia and director Prashant Ruia have begun a fresh round of talks with Hutchison Telecom International.
04 Jan, 2007, 01.03 AM IST
- Ruias may offer to buy out Hutchison
Investment Bankers expect Ravi Ruia to meet Li Kashing in Hong Kong in a day or two.
26 Dec, 2006, 10.42 AM IST