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Arcelormittal Nclt

AM/NS bulks up for the future, focuses on acquisitions to secure infra

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

AM/NS bulks up for the future, focuses on acquisitions to secure infra
Updated On : 30 Nov 2022 | 9:58 PM IST

Our investment reflects confidence in India's economy: AM/NS India CEO

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

Our investment reflects confidence in India's economy: AM/NS India CEO
Updated On : 25 Nov 2022 | 6:38 PM IST

ArcelorMittal Nippon Steel India joins race to buy Srei group firms

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 Nippon Steel India joins race to buy Srei group firms
Updated On : 29 Sep 2022 | 11:39 PM IST

AM/NS India to invest Rs 273 crore on zero liquid discharge at Hazira

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

AM/NS India to invest Rs 273 crore on zero liquid discharge at Hazira
Updated On : 12 Jul 2022 | 6:30 PM IST

NCLAT stays order on ArcelorMittal to pay for using slurry pipeline

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

NCLAT stays order on ArcelorMittal to pay for using slurry pipeline
Updated On : 06 Dec 2020 | 10:15 PM IST

Fresh capital outlay of Rs 20k-cr for infra at AMNS's Gujarat steel plant

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

Fresh capital outlay of Rs 20k-cr for infra at AMNS's Gujarat steel plant
Updated On : 02 Jul 2020 | 8:30 PM IST

ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition

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

ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition
Updated On : 13 Dec 2019 | 11:17 PM IST

Italy proposes new plan to rescue ArcelorMittal plant; 8,000 jobs at stake

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

Italy proposes new plan to rescue ArcelorMittal plant; 8,000 jobs at stake
Updated On : 09 Dec 2019 | 11:20 PM IST

ArcelorMittal agreed to negotiate on steel mill plan, says Italian premier

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

ArcelorMittal agreed to negotiate on steel mill plan, says Italian premier
Updated On : 23 Nov 2019 | 10:58 PM IST

Losing steel arm to ArcelorMittal to hurt Essar India; revenue may fall 97%

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

Losing steel arm to ArcelorMittal to hurt Essar India; revenue may fall 97%
Updated On : 16 Nov 2019 | 3:02 AM IST

A swift response

Govt has moved fast to address IBC problems

A swift response
Updated On : 22 Jul 2019 | 1:31 AM IST

Uttam Galva IBC proceedings: NCLT awaits ruling on ArcelorMittal bid

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

Uttam Galva IBC proceedings: NCLT awaits ruling on ArcelorMittal bid
Updated On : 16 Jul 2018 | 9:25 PM IST