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Saturday, September 6, 2025
TopicEssar

Topic: Essar

Supreme Court clears way for ArcelorMittal to acquire Essar Steel

Upmanyu Trivedi -
The Supreme Court allowed ArcelorMittal to complete its acquisition of Essar Steel India Ltd. by setting aside NCLAT’s order that gave secured and unsecured creditors equal right over sale proceeds.

Allowing new players to sell petrol, diesel needs more reforms to succeed

A K Bhattacharya -
Modi govt has taken a major step towards liberalising its policy on petroleum retail. Now, refinery pricing needs to be made more transparent.

ArcelorMittal plans to bid for Essar power plant in MP along with Resurgent

Baiju Kalesh -
Arcelor and Resurgent have held preliminary talks on a potential joint bid for the 1,200-megawatt Essar power plant in Madhya Pradesh.

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.

ArcelorMittal heads to court in battle over India’s steel market

Swansy Afonso -
Billionaire Lakshmi Mittal’s ArcelorMittal will challenge the eligibility of the VTB-led Numetal Ltd. group in bidding for Essar Steel India Ltd. 

Russia’s top bank willing to buy out India’s sick Essar in a $6 billion race

George Alexander -
The VTB-led consortium’s bid will be in contest with that of Lakshmi Mittal’s ArcelorMittal, which submitted a higher offer than the VTB investor group last month.

2G scam judgment tells India the judicial system won’t hold the influential accountable

Prashant Bhushan -
I don’t know on what basis the court said there was no evidence. In at least 40 pages of the judgment, the court has reproduced the evidence.

Paradise Papers: Parking money in tax havens biggest threat to democracy in the world

Prashant Bhushan -
In most cases, funds were siphoned from domestic companies to offshore tax havens by over-invoicing and under-invoicing, through intermediary shell companies .

On Camera

YourTurn

Opinion

Kolkata’s silencing of Javed Akhtar exposes India’s secular vacuum

Amana Begam -
Even those parties that wear the label of secular and progressive often bow to the pressures of fundamentalist groups within the Muslim community.

Vijay is winning nickname war in Tamil Nadu. He’s attacking Brand Stalin with ‘uncle’ taunt

I will keep attacking India even though my missiles reach nowhere: Pakistani General X

Economy

GST 2.0: India streamlines indirect tax regime amid Trump tariffs & what it means for consumers

Sampurna Panigrahi -
Goods and Services Tax Council paves way for a broad two-slab structure of 5% and 18% with a demerit rate of 40% for super luxury and 'sin' goods.

Defence

Dassault Aviation takes majority control of joint venture with Anil Ambani’s Reliance

Javaria Rana -
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.

National Interest

Punjab is fast becoming the new Northeast. And there’s a message in it for Modi

Shekhar Gupta -
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?

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