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News digest: Karnataka results, PNB posts loss, Essar Steel bid, and more

It was clear from initial reactions in Bengaluru and Delhi that the BJP was not interested in tying up with the JD(S) to form a government at any cost.....»»

Category: topSource: business-standardMay 15th, 2018

Working "very closely" with L N Mittal on Arcelor"s future plan: Son Aditya

ArcelorMittal is in the race to acquire debt-laden Essar Steel which is undergoing insolvency proceedings.....»»

Category: topSource: business-standardMay 13th, 2018

Will be surprised if ArcelorMittal is out of Essar Steel race: LN Mittal

The Committee of Creditors on May 2 had met representatives of ArcelorMittal and Numetal regarding their eligibility for Essar Steel and a decision is awaited.....»»

Category: topSource: business-standardMay 7th, 2018

Essar Steel resolution case: Arcelor, Numetal may get 7 days to pay dues

The committee of creditors (CoC) in the Essar Steel resolution case considered giving ArcelorMittal and Numetal seven days to clear outstanding dues to become eligible......»»

Category: topSource: business-standardMay 6th, 2018

Essar lenders" meet remains inconclusive, CoC to meet on Saturday

In February, just before the first round of bidding for the steel company was opened, ArcelorMittal sold its stake in both Uttam Galva Steels and KSS to be eligible.....»»

Category: topSource: business-standardMay 2nd, 2018

Game of two: Tatas, JSW likely to corner 33% of Indian steel market

Arcelor Mittal, one of the world's largest steel players, has nothing in India. It has sold its stake in Uttam Galva.....»»

Category: topSource: business-standardMay 1st, 2018

Lenders likely to reject ArcelorMittal"s conditional offer for Essar Steel

ArcelorMittal is ready to pay Uttam Galva's debt. The company held a 29% stake in the steel company.....»»

Category: topSource: business-standardMay 1st, 2018

Essar Steel lenders to give time to bidders to cure ineligibility

ArcelorMittal may have to clear outstanding dues totalling Rs 70 billion, if it wishes lay its claim as an eligible bidder.....»»

Category: topSource: business-standardApr 27th, 2018

Essar Steel: Numetal moves NCLAT ahead of bankers" meet on Friday

According to media reports, ArcelorMittal had quoted higher than Numetal, which still is below the fair value as it quotes only 40% of Rs 450 bn due to them from Essar Steel.....»»

Category: topSource: business-standardApr 26th, 2018

Battle for Essar Steel: Numetal may move tribunal ahead of lenders" meet

Legal sources close to Numetal said if the bids were rejected on commercial terms then the 30-day cure period could be circumvented.....»»

Category: topSource: business-standardApr 25th, 2018

Battle for Essar Steel: Numetal may move NCLAT ahead of lenders" meet

Legal sources close to Numetal said if the bids were rejected on commercial terms then the 30-day cure period could be circumvented.....»»

Category: topSource: business-standardApr 25th, 2018

Amtek Auto sells its SMI JV stake to Nippon Steel, Sumitomo Metal Corp

Amtek Auto is one of the 12 large insolvency cases which are undergoing insolvency resolution process with NCLT.....»»

Category: topSource: business-standardApr 18th, 2018

Ford Exits Detroit Car Show in More Trouble Than When It Went In

The North American International Auto Show in Detroit is one of the world's largest venues for manufacturers to launch new cars and for industry CEOs to explain their visions for the year ahead. But........»»

Category: blogSource: 247wallst1 hr. 7 min. ago

GIC plans listening sessions, but few changes proposed

A year after proposed health insurance changes for state employees and retirees prompted "concern, confusion and havoc," the Group Insurance Commission previewed a 2020 plan design that steers clear of major changes......»»

Category: topSource: bizjournals1 hr. 22 min. ago

Apple Suppliers Cut Forecasts Over ‘Extraordinary’ China Demand Shift

More bad news for Apple in China? There are more signs of trouble ahead for Apple in China. Taiwan Semicon.....»»

Category: europeSource: fortuneJan 18th, 2019

Trouble for Greece and the Greek Banks, All Over Again

Greek shares traded lower on Tuesday ahead of a confidence vote for Greece's government set for Wednesday night......»»

Category: blogSource: 247wallstJan 15th, 2019

Steel Dynamics (STLD) Earnings Expected to Grow: What to Know Ahead of Next Week"s Release

Zacks.....»»

Category: topSource: redinewsJan 15th, 2019

First Eagle Investment Sells Stake in Curis Inc. at Substantial Loss

Jean-Marie Eveillard's firm loses as stock drops under a dollarCheck out First Eagle Investment Stock Picks » Download GuruFolio Report of First Eagle Investment (Updated on 01/10/2019)Related Stocks: CRIS, ORCL, XOM, NTR,.....»»

Category: blogSource: gurufocusJan 11th, 2019

First Eagle Sells Stake in Curis at Substantial Loss

Stock has dropped to under a dollarCheck out First Eagle Investment Stock Picks » Download GuruFolio Report of First Eagle Investment (Updated on 01/10/2019)Related Stocks: CRIS, ORCL, XOM, NTR,.....»»

Category: blogSource: gurufocusJan 11th, 2019

Post-FDA Meeting, The Path Ahead Of Fennec Is Clear

Post-FDA Meeting, The Path Ahead Of Fennec Is Clear.....»»

Category: topSource: seekingalphaJan 9th, 2019