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ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

Cayman Island court refuses worldwide freeze on Essar Global Fund

ArcelorMittal did not reply to an email sent for comment.

25 July 2019 6:33 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

NCLAT to hear ArcelorMittal's plea on EPC Construction on August 8

The NCLT has rejected ArcelorMittal's plea against bid of Royale Partners Investment Fund for ECIL, formerly Essar...

16 July 2019 9:01 AM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal to cut more than 2,000 jobs, shares drop

The company expected headline results to fall by at least 650 million rand (USD 45.78 million) in the first half of its...

10 July 2019 3:36 PM IST

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

NCLAT rejects Ruia's bid to block ArcelorMittal; approves bid for...

Essar Steel was auctioned under the new IBC to recover Rs 54,547 cr of unpaid dues of financial lenders and operational...

5 July 2019 9:09 AM IST

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

NCLAT clears ways for takeover of Essar Steel by ArcelorMittal

Total claims of financial and operational creditors stand revised to Rs 69,192 crore.

4 July 2019 3:36 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal reports USD 0.447 billion net loss for June quarter

The company said its gross debt was at USD 13.8 billion as of June-end this year.

1 Aug 2019 1:04 PM IST

Lenders move NCLAT for early hearing in Essar Steel case

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 IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

NCLAT to hear ArcelorMittal, NuMetal pleas tomorrow

NCLAT had ordered status quo on insolvency of Essar Steel for two months.

29 May 2018 2:10 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal to form JV with Nippon Steel to buy India's Essar Steel

In February, ArcelorMittal and a group led by Russia's VTB made separate bids for Essar Steel.

2 March 2018 1:28 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal sees capex rising to USD 3.8 billion in 2018

ArcelorMittal has already announced a major USD 1 billion investment programme for its Mexican operations.

14 May 2018 7:26 PM IST

Essar Steel: ArcelorMittal drags bankers' rejection to NCLT

The bankers had met on March 23 in Mumbai and had rejected ArcelorMittal's bid along with that of Numetal.

26 March 2018 5:21 PM IST

ArcelorMittal India Pvt Ltd submitted a plan to Indias NCLT, which deals with insolvency and company disputes, on Feb 12 to bid for Essar Steel in partnership with Nippon Steel.

ArcelorMittal Q1 net profit up 19 per cent at USD 1.2 billion

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 IST