Latest News on Vtb Capital
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Vtb Capital - Total results - 7
Jul 19, 2018
NCLAT reserves order on Numetal and ArcelorMittal pleas over debt-ridden Essar Steel bidsNumetal's eligibility is linked to the shareholding of Arora Enterprises Ltd (AEL), (beneficially owned by Rewant Ruia) which has already exited from Numetal.
Jul 18, 2018
Essar Steel Insolvency case: Aurora Enterprises would have no control over firm, says Numetal to NCLATNCLAT had earlier asked for confirmation that Rewant Ruia as a shareholder of Numetal through AEL does not have a business or financial relation with Ravi Ruia for the purposes of Numetal's bid.
Jul 17, 2018
Essar Steel Insolvency case: NCLAT asks Rewant to file affidavit over his association with Ravi RuiaThe National Company Law Appellate Tribunal also declined to allow the requests of Committee of Creditors (COC) of Essar Steel to open the second round of bids.
May 18, 2018
NuMetal offers Rs 37,000 cr for Essar Steel, wants second round of bids opened; ArcelorMittal opposes moveBoth NuMetal and ArcelorMittal put in a second round of bids after the first bids were opined to be invalid
Apr 26, 2018
Essar Steel insolvency: Numetal moves NCLAT ahead of lenders' meet, hopes to pre-empt plausible call for fresh bidsAhead of the lenders' meeting on Friday which may ask for fresh bids for the bankrupt Essar Steel's assets, Numetal on Thursday approached the NCLAT
Mar 16, 2018
Our Essar Steel bid legit, ready to buy out Rewant Ruia, says Mauritius-based NumetalNumetal and ArcelorMittal are the only two bidders for the 10-million tonne Essar Steel assets at Hazira, which owe the banks more than Rs 45,000 crore.
Oct 14, 2016
Rosneft, others to buy Essar Oil in $13 bn deal; Ruias to have only token 2% stakeThe deal, which includes taking over of $4.5 billion debt on Essar Oil books, is likely to be signed on Saturday in Goa, sources privy to the transaction said.