ArcelorMittal Names Aditya Mittal as CEO
ArcelorMittal reinstated its dividend and named Aditya Mittal as its new Chief Executive Officer (CEO) as a rebounding steel market helped it shrug off the impact...
Tag : ArcelorMittal
ArcelorMittal Opposed By Essar Steel Promoter Once Again
Essar Steel Asia Holdings Ltd., a promoter of Essar Steel Ltd., has approached the National Company Law Appellate Tribunal opposing a bid by ArcelorMittal to...
Essar Steel Monitoring Panel Joined by ArcelorMittal Executives
ArcelorMittal has tabled its representatives – Sanjay Sharma, CEO of ArcelorMittal India and China; Kalyan Ghosh, CFO at ArcelorMittal India and Vijay Krishna Goyal, vice...
Supreme Court Halts Arcelor’s Payment for Essar Steel
India’s top court stopped ArcelorMittal from making a payment to lenders to buy Essar Steel India Ltd., extending billionaire Lakshmi Mittal’s wait to enter the...
For acquiring Essar steel ArcelorMittal to pay the amount before NCLT
On Tuesday, The National Company Law Appellate Tribunal said it may direct global steel major to deposit Rs. 42,000 crore as per its bid for...
ArcelorMittal Prepare India Team To Run Essar Steel
A homecoming of sorts for Lakshmi Mittal, as ArcelorMittal is inching closer to its first acquisition in India. The Luxembourg-based steel giant is readying its...
Essar Steel Over Doling Out Money Meets The Committee Of Creditors
The distribution of Rs. 42000 crore coming from the resolution plan of global steel major ArcelorMittal has to be carried out, Essar Steel lenders informed...
Essar Steel lenders revolving around the options after NCLAT advice
Out of all the options, Creditors to Essar steel are weighing three options, one of which has to be reported before an appellate bankruptcy court...
NCLAT Asks Ruias To First Clear The Debts To Get It's Bid Considered
Ruia family had to clear all the debts to get its bid considered of Rs. 54,389 crore resolution plan for Essar Steel, told by an...
NCLT Approves ArcelorMittal's Takeover Of Essar Steel
ArcelorMittal’s bid to take over insolvent Essar Steel Ltd. was approved by the Ahmedabad bench of the National Company Law Tribunal. In a statement made...