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Essar Steel Acquisition

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  News for Essar Steel Acquisition

  • Business

What makes Essar steel sector's comeback kid

Apart from being the most successful cases under the IBC, Bhushan Steel and Essar Steel are among the best steel assets in the country. Photograph: Vivek Prakash/Reuters They also ended up......

Essar Steel buys out Stemcor

Essar Steel has bought out Stemcor of the UK from two companies -- Hy-Grade Pellets and Steel Corporation of Gujarat -- for $ 450 million (around Rs 1,950 crore).The acquisition will make Essar......

Essar Steel to prepay Rs 2,500 cr

Essar Steel is all set to come out of the purview of the corporate debt restructuring (CDR) cell of the financial institutions by pre-paying its creditors.This is significant as an exit from the......

Decks cleared for ArcelorMittal to take over Essar Steel

Setting aside the NCLAT order, a 3-judge bench headed by Justice R F Nariman, said the two set of creditors will be treated differently during the insolvency proceedings and taking over of a......

Amazing growth story of the Jindal group

You have to grow, and grow fast — that’s the DNA of the JSW group, chairman Sajjan Jindal said as JSW Cement made its debut on the stock market mid-August. IMAGE: Sajjan Jindal, managing......

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