Justice S J Mukhopadhaya directed lenders of the Essar Steel to expeditiously take a decision.
07 Sep 2018 11:55 AM
NCLAT had ordered status quo on insolvency of Essar Steel for two months.
29 May 2018 2:10 PM
The NCLAT had on May 22 ordered hearing on the appeals on a daily basis from July 23-26.
25 May 2018 3:37 PM
ArcelorMittal has already announced a major USD 1 billion investment programme for its Mexican operations.
14 May 2018 7:26 PM
The firm, led by billionaire Lakshmi N Mittal, also saw its net debt decrease to USD 11.1 billion.
11 May 2018 2:31 PM
ArcelorMittal is evaluating opportunities that complement its existing business and asset base.
09 May 2018 1:37 PM
The NCLAT took up the petitions on a day when a panel of lenders to Essar Steel is slated to meet to decide if fresh bids are to be called.
27 Apr 2018 12:15 PM
Essar Steel owes around Rs 49,000 crore to banks, is the biggest asset on the block right now.
20 Apr 2018 9:31 AM
The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal's bid along with that of Numetal.
26 Mar 2018 5:21 PM
In February, ArcelorMittal and a group led by Russia’s VTB made separate bids for Essar Steel.
02 Mar 2018 1:28 PM
Company reported two-fold rise in net income to USD 4.568 billion from USD 1.779 billion in 2016.
31 Jan 2018 3:38 PM
The mandatory conversion date of the bond has been extended to January 29, 2021.
15 Dec 2017 2:02 PM
Proposed auto-grade steel plant, with a capacity of 1.5 MT per annum, which can be scaled up to 2.5 MT.
09 Dec 2017 11:27 AM
ArcelorMittal is among top industry players, including Tata Steel, that have submitted bids to acquire the debt-ridden Essar Steel.
22 Nov 2017 3:37 PM
ArcelorMittal and SAIL signed their preliminary agreement in 2015 but there has been little progress due to disputes over terms.
26 Sep 2017 5:48 PM
NITI Aayog to resolve differences with ArcelorMittal over setting up of about Rs 5,000-crore autograde steel plant.
25 Jun 2017 3:41 PM
Italy has been trying to sell Ilva since 2015 when the state took full control of the plant in a bid to clean up the polluted site.
06 Jun 2017 12:54 PM
SAIL and ArcelorMittal have inked pact to set up a Rs 5,000 crore auto-grade steel plant.
23 May 2017 3:53 PM
Govt expects them to resolve differences over setting up of about Rs 5,000-crore autograde steel plant.
17 Mar 2017 7:10 PM
Global steel giant booked net profit of $1.8 bn in 2016 against a net loss of $7.9 bn last year.
11 Feb 2017 12:53 PM