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Total 72 results found. Search for [ Ruia family ]

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PTI
October 3, 2018



PTI
New Delhi, September 25, 2018
It has been alleged that ArcelorMittal had 32 and 29 per cent stakes in KSS Petron and Uttam Galva respectively and it had exited from them after selling the stakes before submitting the resolution plan to take over the Essar Steel.


Nevin John
New Delhi, September 17, 2018
Lessons from the failure of some of India's biggest business names.


PTI
September 10, 2018
World's largest steel producer ArcelorMittal on Monday offered Rs 42,000 crore to acquire Essar Steel Ltd, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.


Nevin John
New Delhi, June 16, 2018
Under the Insolvency and Bankruptcy Code, the sale process has almost been completed in three cases -- Bhushan Steel, Electrosteel Steels and Monnet Ispat and Energy. There is less clarity in the other cases when the 270 day timeframe for resolution ends around now.


PTI
June 8, 2018



PTI
May 25, 2018



PTI
New Delhi, May 17, 2018
ArcelorMittal, the only other bidder to have put in a bid for Essar Steel in the first round in February, however, opposed the opening of the second round of bids and wanted only the first round of bids to be considered.


PTI
May 17, 2018



PTI
May 16, 2018
The move to park about Rs 7,000 crore in an escrow account of State Bank of India (SBI) follows ArcelorMittal's bid for Essar Steel coming in for questioning because of its past shareholding in loan defaulter firm, Uttam Galva Steel.


PTI
May 15, 2018



PTI
May 9, 2018



BusinessToday.In
May 7, 2018
The board meeting assumes significance amid allegations of conflict of interest against the lender's CEO Chanda Kochhar and her husband Deepak Kochhar in the ICICI-Videocon loan case.


PTI
April 26, 2018



PTI
April 16, 2018



Nevin John
New Delhi, March 29, 2018
ArcelorMittal, one of the two bidders who had submitted the bid in the first round, says it doesn't mind fresh bids.


PTI
March 26, 2018



BusinessToday.In
March 26, 2018
Days after the SBI-led consortium of banks rejected both the bids for Essar Steel on technical grounds, Lakshmi Mittal-led ArcelorMittal has challenged the committee of creditors' decision at the Ahmedabad bench of the NCLT, the company said in a statement on Monday.


PTI
New Delhi, March 16, 2018
Numetal, an SPV floated by the PE arm of Russian lender VTB Bank andRewant Ruia, a Ruia family member, has claimed that its bid for EssarSteel has \"solid legal backing\" and if need be, \"the other shareholderswill buy out Rewant's\" 25 per cent stake in the company


Prosenjit Datta
New Delhi, March 13, 2018
As the 12 big cases referred under the Insolvency and Bankruptcy Code (IBC) to the National Companies Law Tribunal (NCLT) approach the 180 day deadline for resolution


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