Page 62 - Ishita Ayan Dutt

In the big league

JSW Steel CMD Sajjan Jindal has built the country's largest steel company, overcoming several problems in the past 25 years

Amazon bids $400 mn for stake in Spencer's; deal stuck at valuation stage

Sources pointed to the fact that Spencer's was in talks with multiple players including Alibaba

Alibaba in talks to purchase a minority stake in Spencer's Retail

Spencer's was already in talks with Amazon. Both options were open, sources say

Battle for Essar Steel: Russia's VTB moves Supreme Court for solo bid

If VTB is allowed to bid solo, then it could be absolved from paying the dues on account of Numetal

ArcelorMittal in talks with lenders on payment of dues as deadline looms

The Supreme Court had on October 4 granted time to ArcelorMittal and Numetal to clear dues for NPAs to be eligible to bid for Essar Steel

Tata-Usha Martin deal: Give more clarity on end use of funds, say Jhawars

Tata Steel had signed a definitive agreement with Usha Martin on Saturday for the acquisition of its steel business

Ten years after Tata Motors exit, Singur in West Bengal still a wasteland

Curtains came down on Tata Motor's Nano project in West Bengal on October 3, 2008

Tata Steel is eyeing synergies with Usha Martin's Jamshedpur facility

The deal would give Tata Steel an opportunity to consolidate its presence in iron ore and coal sector in Jharkhand and leverage its mining capabilities

Basant-Prashant Jhawar faction opposed Tata Steel-Usha Martin deal

Informed sources said the resolution would be finally placed before the shareholders for approval

Tatas to acquire Usha Martin's steel business for up to Rs 47 billion

Transaction value is in the range of Rs 43-47 billion

Insolvency process: Sajjan Jindal's JSW makes top bid for Bhushan Power

JSW's revised offer stands at Rs 193.5 billion in the second round of bidding, up from Rs 110 billion

Insolvency process: Bhushan Power decision on preferred bidder next week

Some of the lenders felt that the bid put forward by Liberty House should also be looked into

Keen to reignite long-term financing: Finance Minister Piyush Goyal

The minister said he had suggested the idea of a 25-year bond to a senior official of the largest bank over the weekend

Dhunseri to Jay Shree Tea, Africa adds flavour to tea firms' profit margins

Production cost in Africa varies between $1 and $2 a kg while in Assam it is $1.9 and in West Bengal over $2

Essar Steel lenders to give time to bidders to cure ineligibility

ArcelorMittal may have to clear outstanding dues totalling Rs 70 billion, if it wishes lay its claim as an eligible bidder

Essar Steel sale: Lenders must negotiate with chosen bidder, says Arcelor

ArcelorMittal has already written to the State Bank of India and said that it would repay all dues

ArcelorMittal hits out at JSW, calls Ispat Monnet decision 'mockery'

Jindal firm dismisses charges; ArcelorMittal's comments come just ahead of Monnet's resolution plan being filed for approval with NCLT

Monnet Ispat's creditors approve resolution plan by AION and JSW Steel

The resolution application will be filed within the 270-day period which is April 13

Insolvency resolution stumbles on 4 key issues raised by prospective buyers

Experts say the new law is superior to a winding-up petition which was filed by creditors under the Companies Act

ArcelorMittal to rebid for Essar Steel after failing legal eligibility test

The rebid date is likely to be set for the first week of April, which will give both ArcelorMittal and Numetal to rework on their technical glitches