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Thursday, November 13, 2025
TopicArcelorMittal

Topic: ArcelorMittal

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

Swansy Afonso -
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

Upmanyu Trivedi -
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

Swansy Afonso -
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

Andy Mukherjee -
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

PTI -
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

PTI -
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

Swansy Afonso -
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

Swansy Afonso -
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

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

On Camera

YourTurn

Opinion

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Bloomberg Opinion -
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Economy

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Bloomberg News -
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Defence

Turkey blocks transport of Apache choppers to India through its airspace, new route being worked out

Snehesh Alex Philip -
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.

National Interest

Bihar is where politics moves, and everything else stands still

Shekhar Gupta -
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.

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