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RP OF MITTAL CORP
Electoral bonds: A look at top buyers, other key numbersHere’s a look at the top electoral bond buyers along with an examination of some of the other key numbers that have emerged from the initia...- Shyam Metalics arm gets NCLT nod to acquire Mittal CorpThe Indian bankruptcy court has approved the acquisition of steel maker Mittal Corp Ltd by Shyam Metalics and Energy Ltd. The successful bi...
- NCLT admits insolvency plea against Supertech ORBSupertech ORB, a real estate company constructing luxury apartments in Delhi-NCR, has been admitted for bankruptcy resolution. This could l...
- Bankruptcy court clears ArcelorMittal unit’s plan for Indian Steel CorpThe Mumbai bench of the National Company Law Tribunal (NCLT), comprising judicial member Kuldip Kumar Kareer and technical member Shyam Bab...
- NCLAT dismisses Jindal Stainless plea over Mittal Corp, asks to approach NCLTA two-member NCLAT bench observed the lenders of Mittal Corp were "empowered to issue fresh RFRP" when none of the resolution plans had bee...
- Phoenix ARC may sell Mittal Corp to Shyam SelPhoenix ARC is the largest debtholder after bank lenders sold their loans at a Swiss challenge auction for ₹405 crore last October. The loa...
- NCLAT sets aside NCLT order allowing Shyam Sel to submit a revised bid for Mittal CorpSoon after the voting commenced, Shyam SEL approached the NCLT, seeking direction that Resolution Professional to consider the revised offe...
- Phoenix ARC makes highest offer of Rs 405 crore for Mittal Corp under Swiss auctionPhoenix ARC gave a Rs 405 crore bid for the bankrupt steel maker, against the anchor offer of Rs 228 crore from National Asset Reconstructi...
- Prudent Electoral Trust raised Rs 464 crore, gave BJP Rs 336 crore in FY22While the trust has steadfastly funded the BJP since 2013-14 and sent the saffron party the bulk of its corpus, the fund flow from it to th...
- Bidders for Mittal Corp challenge NCLT move to halt voting on plansJindal Stainless and Rimjhim Ispat have approached the National Company Law Appellate Tribunal (NCLAT) challenging the NCLT decision to per...
- Jindal Stainless Steel emerges highest bidder for Mittal CorpOnce the deal is concluded, it would be the first acquisition by Jindal Stainless Steel under the Insolvency and Bankruptcy Code. Ratan Jin...
- Vedanta, Welspun among 29 bidders in fray for Mittal CorpIn 2016, lenders had attempted to sell the company to a strategic buyer by converting its debt into 51% equity under the then prevailing st...
- ET Awards: High risks, high rewards make winners; Pawan Munjal is Business Leader and Aditya Puri gets Lifetime Achievement awardThe economic upheaval engendered by Covid-19 coloured the discussions and in several instances the jury chose those who have fought and pre...
- Essar Steel: Committee of creditors still backing ArcelorMittal’s bidThe CoC voted overwhelmingly in favour of Mittal, is unlikely to consider a late attempt by the Ruias.
- ESL bid: ArcelorMittal says no link between its eligibility and businesses of Mittal's brothersThe company's statement comes a day after Russia's VTB Group-backed Numetal upped the ante against rival bidder ArcelorMittal, alleging tha...
- Essar Steel to see new round of bidding after Numetal, ArcelorMittal's bids are declared ineligibleThe committee of lenders discussed the option of going for a second round of bidding as both Numetal's and ArcelorMittal's bids were held i...
- Stocks in focus on 21 March 2018Here is a list of top stocks that are likely to be in focus in today's trading session.
- JSW Steel, Tata Steel vie for Bhushan SteelThe three steel majors are believed to have submitted bids for the debt-ridden company; the highest bidder is to be announced on Tuesday.
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