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Total 267 results found. Search for [ Essar Steel insolvency ]

Results 1 to 21 of 267
Team BT
New Delhi, January 7, 2020
Prescriptions from top experts in business, economics, politics and taxation


Dipak Mondal
New Delhi, December 27, 2019
The IBC Amendment Bill 2019 expanded the ambit of the insolvency law by including provisions on interim finance, setting of threshold limit on application by homebuyers and providing immunity to corporate debtor post successful resolution plan


PTI
December 25, 2019
Corporates' debt dsitress has led to a mostly muted scene on India's corporate deal street this year, after a blockbuster 2018, while economic slowdown fears further came in the way for any significant merger and acquisition deals


Anand Adhikari
New Delhi, December 25, 2019
The 94 scheduled commercial banks, including public sectors lenders, together clocked losses of Rs 23,397 crore in 2017-18 and Rs 32,438 crore in 2018-19


PTI
December 21, 2019
SBI Chairman Rajnish Kumar said the industry keeps on complaining that banks are not lending and lenders are saying that \"we are ready with funds, you are not borrowing\"


PTI
New Delhi, December 17, 2019
Aditya Mittal, President and CFO of ArcelorMittal, has been appointed Chairman of AM/NS India, and Dilip Oommen has been appointed as its CEO


PTI
New Delhi, December 14, 2019
ArcelorMittal has arranged the entire fund and is likely to transfer the amount by Monday; after the payment to the lenders, this will be the single-biggest recovery under the IBC


Rupa Roy
December 13, 2019
Vedanta, Axis Bank, SBI, Hindalco and YES Bank were among the top gainers on Friday. Dr Reddy, Bharti Airtel, Kotak Bank, Zee Entertainment and Bajaj Auto were among the top losers.


BusinessToday.In
New Delhi, December 13, 2019
Shares of UCO Bank and Corporation Bank rallied up to 18 per cent in early deals on Friday amid reports that creditors to the bankrupt firm would receive payment soon


Prasanna Mohanty
December 11, 2019
More tribunals, more resolution professionals, a higher threshold for the default process to set in from the current level of Rs 1 lakh and streamlining of the appeal process to cut down delays are needed to make the Insolvency and Bankruptcy Code (IBC) more efficient


Dipak Mondal
New Delhi, November 25, 2019
The court reiterated that in IBC, it is the CoC which has the ultimate authority over the matter concerning distribution of resolution proceeds


Dipak Mondal
New Delhi, November 25, 2019
Irrespective of resolutions, companies going through the insolvency process are seeing large number of direct and indirect job losses


PTI
November 24, 2019
In December 2017, Steel Authority of India Ltd (SAIL) board had approved a proposal to enter into a JV with global steel giant ArcelorMittal for manufacturing high-end automotive steel


Reuters
November 21, 2019
The non-bank financing giant Dewan Housing Finance Corp Ltd (DHFL) will go into insolvency proceedings, the central bank said on Wednesday, making it the first financial institution to test the new laws


Hari Hara Mishra
November 21, 2019
The Essar verdict not only gives the single largest realisation from any asset to financial creditors, qualitatively also this is the biggest for the financial sector in getting their due rights and primacy in the scheme of things


PTI
November 19, 2019
After completion, ArcelorMittal will jointly own and operate ESIL in partnership with Nippon Steel Corporation, Japan's largest steel producer


Nevin John
November 16, 2019
The new management of Essar Steel may be headed by Aditya Mittal, who is the President and Chief Financial Officer of ArcelorMittal. He is also the CEO of ArcelorMittal Europe


BusinessToday.In
New Delhi, November 15, 2019
Catch the latest top stories from the world of business and economy with BusinessToday.In's end of day (EOD) report


Dipak Mondal
November 15, 2019
The apex court reversed the order of NCLAT and reiterated that the secured financial creditors have primacy over operational creditors


BusinessToday.In
New Delhi, November 15, 2019
Essar Steel case: The court stated that the NCLAT cannot interfere with the committee of creditors' commercial decisions


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