Latest News on Essar
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Essar - Total results - 322
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Apr 20, 2018
2G spectrum allocation case: Delhi High Court issues notice to Essar-Loop promoters on CBI plea
Delhi HC on Friday issued notice to Essar-Loop promoters on a CBI plea challenging a trial court judgment that acquitted them in 2G spectrum allocation case -
Apr 18, 2018
2G spectrum case: CBI moves Delhi High Court challenging acquittal of Essar-Loop promoters
The CBI has moved the Delhi High Court challenging a trial court judgment that acquitted the Essar-Loop promoters in 2G spectrum allocation case -
Apr 02, 2018
Vedanta, ArcelorMittal, Numetal-JSW table bid for debt-laden Essar Steel in second round of auction
Vedanta, ArcleorMittal and Numetal along with JSW on Monday submitted resolution plans for the debt-laden Essar Steel in the second round of bidding -
Apr 02, 2018
Uttam Galva minority shareholders accuse ArcelorMittal of indulging in 'illegalities' in connivance with banks
The development comes before the second round of bidding for debt-laden Essar Steel, which ArcelorMittal had bid for in the first round on 12 February -
Mar 27, 2018
Essar Steel: 'We wanted to re-enter but are not eligible to bid again,' says Sajjan Jindal
JSW Steel is not eligible to participate in the re-bidding process for bankrupt Essar Steel as bankers have decided to allow only those who submitted expressions of interest for the first round of bidding, -
Mar 26, 2018
ArcelorMittal moves NCLT, challenges lenders' decision to reject its bid for Essar Steel
ArcelorMittal has challenged committee of creditors' last week decision to reject its bid for Essar Steel on technical grounds at Ahmedabad bench of NCLT -
Mar 23, 2018
Luxembourg-based ArcelorMittal plans to rebid for Essar Steel in second round of bidding
The SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal -- SPV floated by Russian lender VTB Bank and Rewant Ruia -- finding them ineligible under the IBC (Insolvency Bankruptcy Code) laws that debar related parties from bidding -
Mar 22, 2018
Lenders reject Numetal, ArcelorMittal bids for Essar Steel; open fresh round of auction by 2 April
SBI-led consortium of lenders to Essar Steel on Wednesday rejected the bids by both Numetal as well as ArcelorMittal after finding them to be ineligible -
Mar 21, 2018
Essar Steel to see second round of bidding as lenders reject bids by Numetal, ArcelorMittal
The State Bank-led consortium of lenders to Essar Steel on Wednesday rejected the bids by both Numetal as well as ArcelorMittal after finding them to be ineligible under the amended Insolvency & Bakruptcy Code that debars related parties from bidding -
Mar 20, 2018
Essar Oil picks Trafigura, BP for $1 bn oil-backed loan as Indian refiner’s new owners seek to diversify firm’s financing base
Kremlin-owned Rosneft has been under U.S. sanctions since Russia’s annexation of Crimea in 2014.
