E-PaperRewant Ruia News
Essar Steel auction: SC to hear Arcelor’s plea tomorrow
The Supreme court refused an urgent hearing for ArcelorMittal's plea for payment of ₹7,000 crore by Tuesday for its second bid to become eligible
2 min read11 Sep 2018Essar Steel bidding: Numetal moves NCLAT against ineligibility order
NCLT Ahmedabad had disqualified Numetal's bid for Essar Steel on the grounds that Rewant Ruia, son of Ravi Ruia, is a beneficiary of a trust that backed Aurora Enterprises, which in turn held about 25% stake in Numetal
1 min read11 May 2018Essar Steel lenders ask ArcelorMittal, Numetal to clear outstanding dues
Essar Steel creditors will meet on Saturday to discuss the solutions suggested by ArcelorMittal and Numetal
1 min read2 May 2018Numetal, Arcelor seek to cancel each other’s Essar Steel bid
Numetal Mauritius and ArcelorMittal have challenged each other's legitimacy in participating in the 2nd round of Essar Steel bidding under the Insolvency and Bankruptcy Code
4 min read5 Apr 2018Numetal moves NCLT to stay eligible for Essar Steel
Numetal has filed an application with NCLT Ahmedabad seeking a declaration that Numetal is eligible to submit a resolution plan for Essar Steel
2 min read21 Mar 2018Ready to buy out Rewant Ruia’s stake in Essar Steel: Numetal
Numetal has claimed that its bid for Essar Steel has 'solid legal backing' and if need be, 'the other shareholders will buy out Rewant's' 25% stake in the company
4 min read16 Mar 2018Essar Steel: Numetal, ArcelorMittal may be headed for legal battle
Although the lenders of Essar Steel have not decided whether they are eligible to bid for the firm's assets, both ArcelorMittal and Numetal indicate that they will pursue legal options if their bids are scrapped
2 min read12 Mar 2018Willing to drop Rewant Ruia to win Essar Steel: NuMetal’s top investor
Rewant Ruia is a good addition to our bid, but if that stands between us and winning Essar Steel, other shareholders will buy his stake, says Makram Abboud, VC of VTB Capital
3 min read5 Mar 2018Bridging the old and the new: Rewant Ruia
Rewant Ruia, director Essar Steel, prizes continuous learning
1 min read10 Mar 2013IL&FS arm buys 10% stake in Mobile Store
IL&FS arm buys 10% stake in Mobile Store
2 min read9 Mar 2010Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared