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Thursday, November 13, 2025
TopicEssar Steel

Topic: Essar Steel

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.

India’s bankruptcy law will exist—with dentures in place of teeth

Andy Mukherjee -
India’s two-year-old bankruptcy regime has been brought to the brink of irrelevance by the strain of resolving its most high-profile case -- Essar...

Lakshmi Mittal on the verge of getting control of Essar Steel and entering India

Swansy Afonso -
ArcelorMittal will now begin final negotiations with creditors of Essar Steel under India’s bankruptcy laws.

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.
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Opinion

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India’s much-maligned intelligence agencies are our only hope against terror attacks

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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 -
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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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