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You Searched For "Essar Steel debt" and got 17 results


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Arcelor Mittal Nippon Steel signs ₹19,000 crore deal to buy Essar's port and power assets

Essar on Friday announced signing definitive agreements with Arcelor Mittal Nippon Steel (AM/NS) fo…

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ArcelorMittal's $6.1 billion bid for Essar Steel is on hold again

A bench headed by Justice Rohinton F. Nariman admitted the appeals by Essar Steel lenders …

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1 min read

Tata Steel and JSW welcome competition from ArcelorMittal after it buys Essar

Presence of more companies in the market will lead to more innovations, quality and R&D act…

PTI   


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ArcelorMittal aims to complete Essar Steel acquisition by 2019-end

New Delhi, Nov 19 () Following the Supreme Court verdict on Essar Steel resolution plan, global ste…

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Look forward to close Essar Steel acquisition soon: ArcelorMittal

New Delhi, Nov 15 () Global steel giant ArcelorMittal on Friday said it is looking forward to close…

PTI   


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6 mins read

EXCLUSIVE: India’s bankruptcy board Chairman explains the evolution of the country's insolvency laws

India’s new bankruptcy law is providing what the country now needs - a way for creditors to gain wh…

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ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition

New Delhi, Dec 13 () Global steel giant ArcelorMittal has initiated payment for acquisition of debt…

PTI   


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EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar

India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…

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3 mins read

Essar to further cut down debt by 70 pc in last leg of deleveraging exercise

Essar said it has made capital investments of over Rs 2 lakh crore (about USD 28 billion) in secto…

PTI   


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AMNS India parent signs USD 5 bn term loan to refinance Essar Steel acquisition

"AMNS Luxembourg Holding S A (AMNS), the parent company of the AMNS India joint venture between Nip…

PTI   


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India’s steel industry is set for a shakeup after ArcelorMittal finally emerges as the winning bidder for Essar Steel

The decision caps an eight-month long saga which saw the company vy for the prized assets of …

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ArcelorMittal submits a higher bid for bankrupt Essar Steel but on one condition

A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…

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3 mins read

Essar signals resuming investment-led growth plan

"Committed gas supply contracts for the Essar Steel Complex were withdrawn in 2012 and allotted co…

PTI   


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India's biggest deal worth Rs 72,800 crores: Essar oil sells to Russia's Rosneft

The all-cash deal will give Rosneft and its partners control of Essar's 20 million tonne refinery i…

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AMNS to ramp up finished steel output to 8.5 MT by 2024-end

The first stage involves investments to increase the production of finished steel goods sustainabl…

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ICICI Bank’s bad loans widens, expects to fall in next nine months

Its bad loans ratio widened in the three months to stand at 6.82 percent of total lending at the en…

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5 mins read

2018 was a big year for mergers and acquisitions in India. Here are the top deals

This year proved to be quite a robust one for mergers and acquisitions for Indian corporates. Bu…