scorecardresearch
Add as a preferred source on Google
Thursday, December 4, 2025
TopicArcelorMittal

Topic: ArcelorMittal

ArcelorMittal revives plan to set up steel plant in Odisha, to invest Rs 50,000 crore

ArcelorMittal’s move to expand in India comes at a time when the Modi government is planning to boost investment in sectors such as housing, roads, ports and railways.

Supreme Court stops ArcelorMittal’s payments to Essar

New Delhi: India’s top court stopped ArcelorMittal from making a payment to lenders to buy Essar Steel India Ltd., extending billionaire Lakshmi Mittal’s wait...

Homecoming costs Lakshmi Mittal’s ArcelorMittal $7 billion after a year of legal drama

Challenges from rival bidders & creditors have seen Mittal's firm make dozens of trips to court since an initial bid in Feb 2018 to acquire Essar Steel.

Essar Steel may not even be bankrupt by the time bidding for it ends

If Numetal decides to pay for Essar’s defaults, bidding to resolve the high-profile bankruptcy will be one where the firm isn’t even bankrupt anymore.

SC allows ArcelorMittal & NuMetal to bid for Essar provided they clear their dues in 2 weeks

The top court held both firms ineligible under amended Insolvency and Bankruptcy Code but granted them a fresh opportunity.

Supreme Court to hear ArcelorMittal plea tomorrow seeking an extension for repayment of dues

The National Law Appellate Tribunal had directed ArcelorMittal to pay Rs 7,000 crore to become eligible to bid for Essar Steel.

India’s top steelmakers plan record output on strong demand

JSW and Tata Steel have planned to expand their own facilities, while aiming to snap up some of the distressed assets for sale under India’s new bankruptcy laws.

Bitter court battles bog down Arcelor, Tata as bankruptcy law is tested

The successful resolution of stressed loans, which holds nearly 90 percent of impaired assets is crucial for Modi to clean up the balance sheets...

India turns a bad-loan tragedy into a bankruptcy farce

It'll be unfortunate if India's next steel king is decided not on the wrestling mat  — but via walkovers.

On Camera

My grandmother saved her children in Bhopal gas tragedy—and sacrificed her own life

‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.

India’s Russian oil imports are showing up in cryptic new places. The crude map stands redrawn

December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.

India to commission new squadron of submarine-hunting Romeo choppers in Goa later this month

The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.

Gaali cricket: Bavuma stands tall, India’s Test ego cut to size

The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.