ArcelorMittal plans to rebid for Essar Steel

ArcelorMittal, whose bid for Essar Steel was rejected by lenders, today said it plans to re-bid for the debt-laden firm undergoing insolvency proceedings.

Airtel approaches NCLT over demerger of Telesonic Network
Mar 21 2018

Airtel along with its wholly owned subsidiary Telesonic Network has approached the NCLT over their scheme of demerger.

Sebi plans amending norms for cos undergoing insolvency proceedings
Mar 21 2018

Sebi plans to bring in additional disclosure requirements for listed corporates undergoing insolvency proceedings.

UltraTech likely to get support from Binani creditors
Mar 20 2018

The UltraTech offer allows the loan to a regular one and there will be no haircut even in the interest loss in the interim period," the official explained.

Ultratech makes Rs 7266-cr out-of-court offer to Binani Cement
Mar 19 2018

Ultratech Cement made an offer to take over loan defaulter Binani Cements for Rs 7,266 crore, posing a challenge to the nascent bankruptcy resolution process.

Consider objections to Tata Steel bids: NCLT to Bhushan Steel
Mar 19 2018

NCLT asked the Committee of Creditors of Bhushan Steel to consider the objections raised by its employees over the bids submitted by Tata Steel.

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