[ad_1] Lakshmi Mittal, President and CEO of ArcelorMittal. Photo: AFP Mumbai: The voting process for the approval of the resolution plan submitted by ArcelorMittal Netherlands NV for Essar Steel Ltd was delayed …
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[ad_1] Financial and Financial Leasing Services (IL & FS), which are running out of debt, commissioned three advisors to evaluate and implement a rapid resolution plan. "Arpwood Capital Pvt Ltd and JM …
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[ad_1] In a major blow to cement companies, the National Companies Court of Appeals upheld the penalty of Rs 6,700 imposed by the Competition Commission of India on 11 cartel companies. ACC, …
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[ad_1] On Thursday, the resolution plan of the metallurgical and industrial group headed by Sanjeev Gupta for Zion Steel, another company of the Adhunik group, was also approved by the creditors . …
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[ad_1] Written by Mithun Dasgupta | Calcutta | Last Updated: July 6, 2018 3:14:08 -Laden Steel Manufacturing Company – Liberty House and Maharashtra Seamless Group DP Jindal. (Reuters / File) Adhunik Metaliks …
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[ad_1] NEW DELHI: The alternative investment fund proposed by state-run banks under the five-pronged resolution plan will be made to raise funds from domestic investors and sovereign wealth funds, said Sunil Mehta, …
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[ad_1] NEW DELHI: Public banks will take the lead in the creation of an badet management company (AMC) for the resolution of loans greater than Rs.500 as part of new efforts to …
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