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Total 65 results found. Search for [ Ruia family ]

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Nevin John
New Delhi, November 13, 2018
Of the 1198 bankrupt companies admitted for resolution, just 52 are being sold until September end. The liquidation process has started in 212 cases. There are 816 cases pending for resolution.


PTI
October 28, 2018
Essar plans to legally challenge the creditor panel's decision to pick ArcelorMittal, as it believes its offer would ensure 100 per cent recovery for lenders while accepting ArcelorMittal's offer would entail a haircut.


PTI
October 26, 2018



BusinessToday.In
October 26, 2018
The Committee of Creditors of Essar Steel accepted the joint offer made by ArcelorMittal and Japan's Nippon Steel.


PTI
October 25, 2018



PTI
October 25, 2018



Rajeev Dubey
October 25, 2018
Ruias are believed to have a back-to-back agreement with Russia's VTB group to raise Rs 55,000 crore as loan at 2-3 per cent interest.


BusinessToday.In
October 15, 2018
October 16 had reportedly been set as a date for the personal hearing, cross-questioning and recording of her statement.


PTI
October 10, 2018



PTI
October 4, 2018



PTI
October 4, 2018



PTI
October 4, 2018



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.


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