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IBC: Eligible to bid for Essar Steel as not a promoter of Uttam Galva, KSS Petron, says ArcelorMittal to NCLAT
•ArcelorMittal and Numetal have filed petitions in the NCLAT challenging the disqualification of their first round of bids.
ArcelorMittal transfers Rs 7,000 cr to State Bank of India to clear dues of loan defaulter Uttam Galva Steel
•ArcelorMittal parking the fund with SBI came as the deadline ended on Tuesday.
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
Paradise Papers leaked: Russian politicians insist deals were legal, not politically motivated
•Russian politicians on Monday downplayed leaks in the Paradise Papers concerning Russian officials and state companies, insisting the deals were legal and not politically motivated.