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TATA STEEL TAKEOVER
ED attaches Rs 58-crore assets of wife of Bhushan Steel's ex-promoterThe Enforcement Directorate has seized over Rs 58 crore in assets belonging to Ritu Singal, wife of former Bhushan Steel promoter Neeraj Si...- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
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- Tata Steel aiming for higher capacity utilisation in Bhushan SteelBhushan Steel's Odisha plant is presently operating at 3.5 MT against a capacity of 5 MT, the official said.
- NCLAT chairperson wonders how Bhushan owner got hearing in a dayNational Company Law Appellate Tribunal chairperson Justice SJ Mukhopadhaya raised a question on the applicant getting a hearing within a d...
- Bhushan Steel takeover to have positive impact on other stressed assets: S&PUnder the Bankruptcy Law, Indian banks have forced a number of defaulted steel mills to bankruptcy court.
- Tata Steel facing trouble in Bhushan Steel takeoverRepresentatives of Tata Steel are allegedly being intimidated by people close to the former promoter of the company, according some sources.
- Rio stake rises to 72% in Riversdale; CSN agrees to quitRio Tinto said its holding in Riversdale has risen to 72% following Brazil's CSN accepting its offer to sell entire 19.3% take in the Syden...
- Tata-Corus deal becomes operationalThe only formality left in this deal is the payment of the balance amount by Tata Steel.
- Govt ready to help Tatas finalise deal, if requiredThe government has come out in full support of Tata Group’s takeover of Corus. Finance minister P Chidambaram, commerce & industry minister...
- Tatas, CSN are in a catch-22 situationThe UK Takeover Panel is close to deciding a process to pick the winner in the battle for Corus.
- Big bro Tata shows the way for India, Inc.Tatas prove that Indian cos are capable of aiming big & can takeover firms that have four times their revenue.
- Corus in kitty, Ratan Tata to be chairmanSeverstal is likely to make a counter-offer after Tata Steel's bid to take over Corus was okayed.
- Corus accepts $7.6-billion Tata Steel offerThe Board of Anglo-Dutch steelmaker Corus has accepted a $7.6-billion takeover bid from Tata Steel.
- Corus receives takeover offer from TataCorus said Tata had proposed a possible cash offer of 455 pence per share valuing $7.64 bn.
- Mittal amused by 'vulnerable' TatasTakeover tycoon L N Mittal, who just a few weeks ago added the Arcelor feather to his cap, was today left wondering why India's leading cor...
- Tata welcomes Mittal's Indian foray, offers helpTata group supremo Ratan Tata has offered to help Mittal in his investment plans in India.
- Mittal phobia hits global steel cosThese cos are busy devising strategies to meet the challenges posed by the Mittal-Arcelor merger.
- Retail holdings in Tata Steel dip, institutional stakes riseIn A bid to avert hostile takeovers, the Tata Group is set to hike its holding in Tata Steel by 7%.
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