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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......

Bankruptcy code clips ArcelorMittal's India expansion plans

In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. But the new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these......

ArcelorMittal keen to spread wings in India

ArcelorMittal may be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by the RBI for insolvency proceedings.Ishita Ayan Dutt reports. ArcelorMittal, the world's......

An ace deal maker who won the Posco, Arcelor Mittal deals

In corporate India where family disputes have become far too common, the Miglanis work as a team. Image: Ankit Miglani, A steel tycoon in the making.     Uttam Galva Steels promoter......

ArcelorMittal's Q1 net loss widens to $728 mn on currency headwinds

World's largest steel company ArcelorMittal on Thursday reported a net loss of $728 million for the first quarter ended March 31 on account of currency headwinds as well as declining iron ore......

Lakshmi Mittal tops 2009 UK football rich list

ArcelorMittal chief Lakshmi Mittal is the richest man in British football. According to the 2009 FourFourTwo.com Rich List, the London-based Indian steel magnate, who brought 20 per cent stake in......
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Moody’s upgrades ArcelorMittal from Ba1 to Baa3

Digg Google Bookmarks StumbleUpon Reddit Newsvine Live Bookmarks Technorati Yahoo Bookmarks Blogmarks Del.icio.us ApnaCircle Google Plus Pinterest... ...

https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/moodys-upgrades-arcelormittal-from-ba1-to-baa3/articleshow/64702376.cms
JSW Steel plans bid for ArcelorMittal's Romanian plant

LONDON/MUMBAI (Reuters) - India's biggest steelmaker JSW Steel is expected to make a bid for ArcelorMittal's Galati plant in Romania, three sources... ...

http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/VHEjJpseD1M/exclusive-jsw-steel-plans-bid-for-arcelormittals-romanian-plant-idINKBN1JH1W0
Why these stocks fell steeply in 2018

Insolvency and Bankruptcy Code bound stocks have witnessed a steep fall in 2018.Pavan Burugula and Advait Rao Palepu report on the hows and whys of... ...

http://www.rediff.com/money/report/why-these-stocks-fell-steeply-in-2018/20180607.htm
NCLAT adjourns hearing on NuMetal, ArcelorMittal pleas till July 2

A two-member bench headed by Chairman Justice S J Mukhopadhaya today started the hearing. However, the matter remained part-heard due to paucity of... ...

https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/nclat-adjourns-hearing-on-numetal-arcelormittal-pleas-till-july-2/articleshow/64387944.cms
NCLAT to hear Essar Steel lenders plea on May 30

On May 22 the appellate tribunal ruled that it would hear appeals filed by Numetal and ArcelorMittal- the two bidders of Essar Steel- from July 23... ...

https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/nclat-to-hear-essar-steel-lenders-plea-on-may-30/articleshow/64370393.cms

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