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'The Dirty Dozen': Book chronicles rise and fall of India's 12 largest corporate defaulters

'The Dirty Dozen': Book chronicles rise and fall of India's 12 largest corporate defaulters
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

India , Jaypee-infratech , Jatin-mehta , N-sundaresha-subramanian , Vijay-mallya , Adani-group , Jindal-group , Nirav-modi , Era-infra-engineering , Electrosteel-steels , Essar-steel , Amtek-auto

D-Day for Vedanta; Agarwal needs 67% ayes by day's end

Vedanta has sought investor approval to delay the maturity of several of its outstanding corporate bonds to better manage its debt repayment cycle

Steel-ltd , Electrosteel-steels-ltd , New-year , Electrosteel-steels , Vedanta-resources , Cerberus-capital-management , Davidson-kempner-capital , Vedanta-ltd , Bond-restructuring , Corporate-bonds , Debt-repayment

Jharkhand HC Rejects Claim Over Protected Forest Land, Says Title Plea Insufficient For Immunity From Prosecution Sans Substantiated Document Evidence

The Jharkhand High Court has ruled that merely asserting a claim of ownership is insufficient to secure protection from prosecution for encroachment of protected forest land, unless this claim is...

Bihar , India , Parbatpur , Uttar-pradesh , Bokaro , Jharkhand , Justicegautam-kumar-choudhary , Indrajit-sinha-bibhash , Datta-sharma , Mouza-siyaljori , Priya-shresha-nehla-sharmin , Forest-department

JSW Steel, ArcelorMittal set sights on Vedanta mines, steel business in East

The Vedanta group has set an enterprise valuation of Rs 10,000 crore for these assets. However, potential buyers are aiming for a reduced valuation.

Karnataka , India , Tuticorin-sterlite , Jayant-acharya , Anil-agarwal , Vedanta-group , Vedanta-ltd , Anil-agarwal-owned , Business-standard , Electrosteel-steels , Bankruptcy-code , Joint-managing-director-jayant-acharya

JSW Steel, ArcelorMittal keen on acquiring Vedanta's mines, steel business in East: Report

In June 2018, Vedanta had initially acquired the plant from Electrosteel Steels under the Insolvency and Bankruptcy Code. But with debt concerns around the company, Vedanta Resources is looking out for the possibility of selling the asset.

Bokaro , Jharkhand , India , Tuticorin , Tamil-nadu , Silvassa , Dadra-and-nagar-haveli , Karnataka , Agarwal-anilagarwal , Anil-agarwal , Vedanta-oil-gas , Vedanta-base-metals-ltd

Kotak Institutional Equities Stays Negative on Vedanta Amid High Leverage Risks

Kotak Institutional Equities Stays Negative on Vedanta Amid High Leverage Risks
rtn.asia - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rtn.asia Daily Mail and Mail on Sunday newspapers.

London , City-of , United-kingdom , Hindustan , India-general- , India , Talwandi-sabo , Punjab , Bharat , Electrosteel-steels-ltd , Vedanta-ltd

Betting on India's growth, top steel firms in midst of big expansion plans

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses.

The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing.

The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).

Chhattisgarh , India , Odisha , Orissa , Visakhapatnam , Andhra-pradesh , Japan , Bokaro , Jharkhand , Hazira , Haryana , Nippon