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Prashant Ruia, Director, Essar Capital.

It would take one more year for pvt investment to pick up: Ruia

Essar Group director says huge private investment during last five years has created a lot of surplus capacity.

5 Oct 2017 6:48 PM 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.

Essar leads corporate deleveraging; pays off Rs 1.4 lakh crore:...

I think we were the first to get off the block and actually take some decisive steps to reducing leverage, said Essar's...

13 Oct 2019 11:36 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.

Ex Essar Steel directors approach NCLT against ArcelorMittal takeover

On Friday, Ahmedabad bench of NCLT had approved the lenders' plan to let global steel giant ArcelorMittal take over...

11 March 2019 5:35 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 resolution plan violative of IB Code: Ruia to NCLAT

Essar Steel submitted before the NCLAT that the resolution plan moved by ArcelorMittal is in violation of the IBC.

16 May 2019 8:39 AM 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