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ARCELORMITTAL FOR ESSAR STEEL
ArcelorMittal challenges Gujarat Government, Essar Group over Hazira port licenceEssar Steel owns a 10 million tonnes per annum steel plant at Hazira in Gujarat, which is serviced by a captive jetty constructed at port.26 Jul, 2020, 04.45 PM IST- LN Mittal’s son Aditya may head new Essar Steel boardArcelorMittal is integrating Essar Steel into its fold, marking the global giant's first major foray here.27 Nov, 2019, 02.21 PM IST
- Completion of Essar Steel acquisition expected before the end of the year: ArcelorMittalThe acquistion will mark the entry of the world's largest steel company into India, which has emerged as the second biggest steel market in...18 Nov, 2019, 04.17 PM IST
- ArcelorMittal to pay Rs 42,000 cr for Essar Steel takeoverThe NCLAT would continue to hear the Essar Steel insolvency case on May 21.20 May, 2019, 10.06 PM IST
- Arcelor paying Rs 39,500 crore for Essar Steel and not Rs 42,000 cr: SCB counsel Kapil SibalKapil Sibal argued that acceptance of Rs 39,500 crore as the bid amount by the Committee of Creditors (CoC) of Essar Steel, to which Standa...13 May, 2019, 06.53 PM IST
- ArcelorMittal hits fresh hurdle over GPI duesSection 29(A) was introduced to prevent promoters from regaining control of companies that they had led to bankruptcy.02 Nov, 2018, 07.34 AM IST
- ArcelorMittal wins bids to take over Essar Steel for Rs 42,000 croreArcelorMittal offered Rs 42,000 cr to settle Essar Steel's debt and a further Rs 8,000 cr of capital infusion.26 Oct, 2018, 06.13 PM IST
- ArcelorMittal aims to complete negotiations swiftly with Essar CoCThe company has been trying for long to enter India but has not succeeded so far.20 Oct, 2018, 06.00 PM IST
- Anil Agarwal indicates he is open to raising bid for Essar SteelThe bid was more than offers made by ArcelorMittal and Russia's VTB Capital-backed NuMetal Ltd in the first round.19 Oct, 2018, 04.01 PM IST
- ArcelorMittal to make $1 bln creditor payment to bid for Essar SteelEssar Steel's committee of creditors now has an eight-week period to evaluate bids.17 Oct, 2018, 06.29 PM IST
- CCI approves ArcelorMittal's acquisition of Essar SteelArcelorMittal and Numetal are in the race to acquire Essar, currently undergoing insolvency proceedings.20 Sep, 2018, 08.32 PM IST
- Numetal, ArcelorMittal fight in Supreme Court over Essar Steel bidArcelorMittal exited the companies shortly before bidding for Essar Steel to become eligible under the law, Rohatgi told a two-judge bench ...19 Sep, 2018, 06.25 AM IST
- Will be surprised if ArcelorMittal ineligible for Essar Steel bid: LN MittalThe Committee of Creditors (CoC) on May 2 had met representatives of ArcelorMittal and Numetal regarding their eligibility for Essar Steel ...06 May, 2018, 10.36 PM IST
- Swift decision on Essar in interest of all stakeholders: ArcelorMittalThe CoC had met representatives of ArcelorMittal and Numetal which are in the race to acquire Essar Steel regarding their eligibility and a...04 May, 2018, 02.21 PM IST
- Inconsistent use of IBC: JSW refutes Arcelor allegationsA second round of bids was later invited for Essar Steel: Arcelor-Mittal has put in a rebid and JSW Steel has also entered the fray by join...16 Apr, 2018, 12.37 PM IST
- ArcelorMittal says its bid is eligible for Essar SteelBoth VTB and Arcelor-Mittal have offered resolution plans for Essar Steel, that owes more than Rs 52,000 crore to its creditors.06 Mar, 2018, 11.28 AM IST
- Essar on the prowl, looks to poach execs from rivalsAt least two senior executives from ArcelorMittal could join Malay Mukherjee, the former director at the Luxembourg-based global steelmaker...05 Nov, 2009, 03.50 AM IST
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