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......
Seeking ArcelorMittal be declared ineligible to bid for Essar Steel, the petition cited Section 29A of the Insolvency and Bankruptcy Code which bars promoters of defaulting companies from bidding......
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......
Steel baron Lakshmi Niwas Mittal is close to buying KazStroyServices Ltd, a Kazakhastan-based engineering, procurement and construction company.The company is present in Kazakhstan, India,......