SSG Capital may be dark horse in race for Essar SteelEssar's Committee of Creditors has allowed all those who had submitted EoIs — such as SSG , Vedanta and the Tatas —to bid, thus increasing ...
03 Apr, 2018, 01.16 PM IST
ArcelorMittal moves NCLT against Resolution Professional over rejection of Essar Steel bidEssar’s Committee of Creditors (CoC) decided to invite bids from all those who had submitted EoIs before April 2.
26 Mar, 2018, 11.31 PM IST
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...
26 Mar, 2018, 11.23 AM IST
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...
23 Mar, 2018, 08.59 AM IST
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 .
22 Mar, 2018, 10.20 AM IST
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...
21 Mar, 2018, 06.54 PM IST
Numetal approaches NCLT to reinforce its eligibility to bid for Essar SteelThis was in view of various news reports suggesting that the Resolution Professional of Essar Steel has been advised that Numetal is not el...
21 Mar, 2018, 01.50 PM IST
ArcelorMittal forms a JV with Nippon for Essar SteelUnder the agreement, both companies are poised to jointly acquire the Ruia family's steelmaking asset in Hazira, Gujarat, if ArcelorMittal ...
03 Mar, 2018, 02.34 PM IST
Tyazhpromexport looks to turn the corner, to harness tech knowledge bankTPE experts will be roped in to help ensure faster execution of the projects lying incomplete at Hazira and also to monitor an early restar...
28 Feb, 2018, 08.22 PM IST
Russian companies offer $2 billion credit line for Pakistan energy and steel sectorsSenior executives of the Russian bank Vnesh-TorgovBank (VTB) met Ishaq Dar and offered a credit line of $1 billion for energy projects in P...
29 Nov, 2014, 01.31 PM IST
- Russia bundles Imperial buy with SAIL orders
With Russian President Dmitry Medvedev visiting India next week, Moscow is building pressure on New Delhi for Russian companies getting ass...
25 Nov, 2008, 04.06 AM IST
- PM to flag off IISCO's Rs 9,600-cr project on Dec 24
The 9,600-crore expansion and modernisation programme of IISCO Steel Plant (ISP) at Burnpur is set to become a reality, at last.
23 Dec, 2006, 11.48 AM IST
- Hindalco joins race for Afghan copper deposit
HINDALCO Industries has bid for rights to develop Afghanistan’s Aynak copper deposits, which has proven reserves of 240 million tonnes.
27 Nov, 2006, 01.35 AM IST