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Essar Steel India

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ArcelorMittal wins bid to buy out Essar Steel

The Committee of Creditors have issued ArcelorMittal and its partner Japan's Nippon Steel & Sumitomo Metal Corp a Letter of Intent declaring them as the "successful applicant". The world's largest......

How ArcelorMittal became an eligible bidder for Essar Steel

Sources close to the development said a significant amount of around Rs 7,000 crore had been put into the SBI account with a proposal on escrow of the deposited funds. ArcelorMittal has......

Tatas all set to become India's largest steelmaker

Once Bhushan Steel is into its fold, Tata Steel will increase its capacity from 12.7 million tonnes per annum (mtpa) to 18.3 mtpa Tata Steel seems to be closing in on Sajjan Jindal-promoted JSW......

Now, Essar Steel forays into defence manufacturing sector

Essar Steel aims to participate in the indigenisation of products used in naval defence Essar Steel has forayed into high-growth defence manufacturing sector by developing steel grades which find......

Keen to reduce debt, banks get tough with large borrowers

The Essar group, Jindal Steel and Power, Monnet Ispat, Bhushan Steel and the Avantha group have been asked to close deals by March-end. Alarmed by the losses of Rs 15,000 crore (Rs 150 billion)......
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Essar Steel Case hearing deferred to Dec 13

The Ahmedabad Bench of National Company Law Tribunal (NCLT) on Monday heard petitions filed by the Essar Steel’s Committee of Creditors (CoC),... ...

https://www.thehindubusinessline.com/news/essar-steel-case-hearing-defered-to-dec-13/article25711963.ece
India#39;s crude steel output grows 4% to 8.92 MT in November

State-run SAIL, Rashtriya Ispat Nigam, Tata Steel, Essar Steel, JSW Steel and Jindal Steel and Power together produced 5.42 MT. This was 8 per cent... ...

https://www.moneycontrol.com/news/business/india39s-crude-steel-output-grows-4-to-892-mtnovember_11820841.html
Why are so many Indian tycoons heading for the door?

So what’s up? Why are so many promoters heading for the door? It cannot be that all of them lost their appetite for a good fight at the same... ...

http://www.rediff.com/money/report/its-a-season-of-exits-for-many-famous-entrepreneurs/20181201.htm
US-China Trade Talks; Falling Oil Prices & Top Stocks in Focus Today

Posted by Equitymaster Indian share markets ended higher for the second consecutive day on Tuesday led by a rise in information technology and... ...

http://feeds.equitymaster.com/~r/TodaysMarket/~3/dXeHTcFiV2I/tm.asp
How Shardul Shroff built India's top law firm

'Power is always transitory, and you should be the same person whether you have it or not,' the head of the number one law firm in India tells... ...

http://www.rediff.com/money/special/how-shardul-shroff-built-indias-top-law-firm/20181127.htm

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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