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 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 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......
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......
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......