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Essar Steel Acquisition

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  • 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......

'Marwari' school of business keeps 3 generations of Ruia family under one roof

 Indian family-run business houses have in recent years seen ugly public spats between owners over control. Image: Shashi Ruia (left) and Ravi Ruia. Photograph: PTI Photo from the Rediff Archives......

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......

Essar Steel in talks to buy Kandil Steel

 Essar Steel is reportedly in talks to acquire Egypt's Kandil Steel. The Indian steel giant is believed to have sent feelers to Kandil Steel and is likely to offer a formal proposal to its......

Essar Steel lines up $4-bn investment in N America

 Money to be spent on acquired firms in Canada and US Essar Steel Holdings, a part of Essar Global, has lined up investments of more than $4 billion (over Rs 18,000 crore) in North America. The......

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