Advertisements


We are Sorry, This Page doesn't Exist


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

ArcelorMittal selected as H1 bidder for Essar Steel India

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 19th, 2018

Trouble Ahead For Banks? Today"s Editors" Picks

Trouble Ahead For Banks? Today"s Editors" Picks.....»»

Category: topSource: seekingalphaOct 18th, 2018

ArcelorMittal makes payment to ensure Essar Steel offer is eligible

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 17th, 2018

ArcelorMittal sells assets to Liberty House to facilitate Ilva deal

ArcelorMittal, the world's largest steel producer, has agreed the sale of plants in the Czech Republic, Romania, Macedonia and Italy to Liberty House to satisfy regulatory requirements for its acquisition of Italian steelmaker Ilva......»»

Category: topSource: reutersOct 12th, 2018

Korea"s Largest Bitcoin Exchange Sells Stake in $350 Million Deal

Bithumb, the largest crypto exchange in South Korea by trading volume, just confirmed it has sold over 38 percent of its shares for $350 million......»»

Category: forexSource: coindeskOct 12th, 2018

Carter Worth Sees Trouble Ahead For Health Care SPDR

Carter Worth of Cornerstone Macro spoke on CNBC's "Fast Money" about Health Care SPDR (NYSE: XLV). read more.....»»

Category: blogSource: benzingaOct 4th, 2018

Small-Cap Stocks May Be Sending a Bear-Market Signal

The S&P SmallCap 600 index was up 1.0% on Wednesday afternoon, slightly bouncing back from its loss for September. But large caps are still far ahead, and that might signal market trouble......»»

Category: topSource: barronsOct 3rd, 2018

Chevron North Sea Sells Its 40% Stake In Rosebank Project To Equinor (Update)

Chevron North Sea Sells Its 40% Stake In Rosebank Project To Equinor (Update).....»»

Category: topSource: seekingalphaOct 2nd, 2018