ArcelorMittal NCLT

Nearly Rs 90,000 crore worth of capital expenditure has been incurred so far on various asset acquisitions and projects, with a major investment of about Rs 42,000 crore

ArcelorMittal and Nippon Steel, has embarked on an expansion that includes increasing capacity at its existing location, Hazira in Gujarat, and setting up new plants in Odisha

Sources close to the development said whether new participants who were not part of the original list of EOI would be allowed will have to be evaluated

ArcelorMittal and Nippon Steel joint venture has announced that it was in the process of investing Rs 273 crore for zero liquid discharge, other environmental initiatives at its Hazira steel complex

As per earlier NCLT Ahmedabad Bench order, ArcelorMittal had to pay Rs 1,300 cr for using pipeline to run Essar Steel by Dec 15

ArcelorMittal chairman L N Mittal shares steel plant progress with Gujarat chief minister Vijay Rupani

After the payment to the lenders, this will be the single-biggest recovery under the IBC

Italy considers the steel mill a strategic industrial site and faces pressure from unions, which are trying to protect the 8,000 jobs at risk

Conte and his economy and economic development ministers held four-hour talks ending Friday before midnight with ArcelorMittal's top executives

Revenue hit of 96% is combined impact of earlier divestment in Essar Oil & losing control of Essar Steel

Govt has moved fast to address IBC problems

The point of contention that has come up at both the NCLAT and NCLT is whether ArcelorMittal can bid for Essar Steel