Page 49 - Ishita Ayan Dutt

Nithia Capital, CarVal Investors complete purchase of two Uttam Group firms

Total consideration Rs 2,000 cr; companies were on RBI's second list of NPAs mandated for resolution under IBC

Steel companies raise prices by upto Rs 2,400 a tonne, more hikes expected

Since India entered the unlocking phase, steel prices have been on a continuous uptrend

Satyaa Homes, Ambuja Neotia group to develop a 72-acre Kolkata township

The township, which will encompass plotted developments, villas, villaments and apartments, will be completed within five years.

ArcelorMittal, JSW Steel among six firms keen on buying Uttam Galva Steel

Uttam Galva's total admitted claims are Rs 9,070.66 crore, with ArcelorMittal having an 87 per cent voting share among financial creditors

Smaller steel producers trail top six players in scaling up production

Shortage of iron ore, spike in input costs are the major impediments

Pawan Munjal's Covid mantra: every crisis is an opportunity, don't waste it

Says Hero MotoCorp had the best ever month of October since it started in 1985 with highest production, dispatch and sales in a day

Lakshmi Mittal's journey a year after he came home to buy Essar Steel

It has been a mixed bag for the firm he renamed AMNS India, and while the pain of the downturn and the pandemic has subsided, other issues remain

A year of ArcelorMittal Nippon: A 'new type of steel company' in the works

Firm claims Covid has had no long-term impact, growth plans are on track and target of reaching 12-15 million tonne output remains

Single window system for approvals likely from March: Piyush Goyal

Goyal said government policies are towards easing compliance requirements of the industry and making everything digital and online

Vedanta's steel business back on growth turf after Covid-19 speed breaker

The group's ESL Steel is looking to hit the ground with its plan of doubling capacity towards the end of the fourth quarter

Steel firms say they are bullish on demand, prices after coronavirus crisis

Recovery has been sharp after the economy opened up, say industry leaders at a conclave

JSW Steel sees mettle in bankrupt asset amid upturn in steel market

An upturn in the steel market has prompted the country's third-largest steel producer to up the ante on acquiring Bhushan Power

Selling few iron ore blocks infrequently creates artificial deficit: Jindal

Says people end up paying a huge premium and then the assets become unsustainable

NCLAT stays order on ArcelorMittal to pay for using slurry pipeline

As per earlier NCLT Ahmedabad Bench order, ArcelorMittal had to pay Rs 1,300 cr for using pipeline to run Essar Steel by Dec 15

JSW Steel sweetens offer by Rs 400 cr to close Bhushan Power deal

Proposal was made last week, payment subject to bank guarantee or indemnity from lenders, so that in case SC rejects resolution plan, settlement amount will be reversed

JSW Steel offers preferential pricing to small businesses, assures supply

Personalised services will enable MSMEs to compete internationally, says steel company.

India Inc expands direct reach, adds small packs to tap robust rural market

Experts say string focus on Bharat stems from good monsoons, higher MSP in some states, reverse migration and govt's overall welfare push in the villages

Harsh Vardhan Lodha removed from the board of M P Birla investment firms

Birla side says corporate affairs ministry approved and accepted the cessation of his directorship on November 18

Emami enters home hygiene segment with five offerings under Emasol brand

The market size of the five categories is around Rs 4,000 cr, of which the toilet cleaner accounts for the largest share at Rs 1,600 cr

Lummus Tech, TCG Digital form JV offering digital solutions to energy firms

While the joint venture will explore the market in India where it expects substantial growth, it will also start its operations in the US, Middle-East, and Europe immediately