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ArcelorMittal To Form Joint Venture With Nippon Steel To Buy Essar Steel
In February, ArcelorMittal and a group led by Russia's VTB made separate bids for Essar Steel, which faces claims of nearly $8 billion from banks and other creditors and suppliers.
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ArcelorMittal Submits Offer For Debt-Laden Essar Steel
Arcelor Mittal set out a detailed industrial plan for the debt-laden Essar steel to address its operational issues and aimed at improving its performance and profitability.
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Sebi To Probe Firms Named In 'Paradise Papers'
'Paradise Papers' investigation has explored 13.4 million leaked files from offshore law firms and company registries in some secretive countries.
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Court Dismisses Essar Steel Appeal Against Bankruptcy Proceedings
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
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Iran-India $2.5 Billion Steel Deal Totters As End Of Sanctions Looms
India's largest-ever steel export deal, struck with Iran in 2014 to allow it to buy the metal without violating Western sanctions that are now set to end, has become mired in a dispute that has seen no payments made or shipments delivered since last fall.
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Supreme Court to Examine Essar's Plea Against Rs 2,300-Cr Fine By Dakshin Gujarat Vij Co Ltd
Supreme Court will examine Essar Steel's plea challenging the fine of Rs 2,311 crore imposed on the firm for alleged diversion of electricity supplied to its Hazira plant.
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Coalgate: Essar Group was in Touch With Former Finance Minister Over Coal Block Allocations, NGO Alleges in Court
The Essar Group was allegedly in touch with the then Finance Minister over the issue of Group of Ministers (GoM) constituted by the erstwhile UPA government for clearances on coal allocation issues, a non-governmental organisation has said in a public interest litigation (PIL) in the Supreme Court.
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Narendra Modi's government gave undue benefits to corporates, says auditor
The Comptroller and Auditor General (CAG) has said government-owned firms in Gujarat granted "undue benefit" to big industrial houses, which resulted in revenue losses worth crores of rupees to the state exchequer.
-
ArcelorMittal To Form Joint Venture With Nippon Steel To Buy Essar Steel
In February, ArcelorMittal and a group led by Russia's VTB made separate bids for Essar Steel, which faces claims of nearly $8 billion from banks and other creditors and suppliers.
-
ArcelorMittal Submits Offer For Debt-Laden Essar Steel
Arcelor Mittal set out a detailed industrial plan for the debt-laden Essar steel to address its operational issues and aimed at improving its performance and profitability.
-
Sebi To Probe Firms Named In 'Paradise Papers'
'Paradise Papers' investigation has explored 13.4 million leaked files from offshore law firms and company registries in some secretive countries.
-
Court Dismisses Essar Steel Appeal Against Bankruptcy Proceedings
The Gujarat High Court on Monday dismissed Essar Steel India Ltd's appeal against a central bank order that asked creditor banks to start insolvency proceedings against the steelmaker, lawyers on the case said.
-
Iran-India $2.5 Billion Steel Deal Totters As End Of Sanctions Looms
India's largest-ever steel export deal, struck with Iran in 2014 to allow it to buy the metal without violating Western sanctions that are now set to end, has become mired in a dispute that has seen no payments made or shipments delivered since last fall.
-
Supreme Court to Examine Essar's Plea Against Rs 2,300-Cr Fine By Dakshin Gujarat Vij Co Ltd
Supreme Court will examine Essar Steel's plea challenging the fine of Rs 2,311 crore imposed on the firm for alleged diversion of electricity supplied to its Hazira plant.
-
Coalgate: Essar Group was in Touch With Former Finance Minister Over Coal Block Allocations, NGO Alleges in Court
The Essar Group was allegedly in touch with the then Finance Minister over the issue of Group of Ministers (GoM) constituted by the erstwhile UPA government for clearances on coal allocation issues, a non-governmental organisation has said in a public interest litigation (PIL) in the Supreme Court.
-
Narendra Modi's government gave undue benefits to corporates, says auditor
The Comptroller and Auditor General (CAG) has said government-owned firms in Gujarat granted "undue benefit" to big industrial houses, which resulted in revenue losses worth crores of rupees to the state exchequer.
