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Essar Steel
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Essar steel, Latest News
Essar Steel is a fully integrated flat carbon steel manufacturer – from iron ore to ready-to-market products – with a current capacity of 10 million tonnes per annum.
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Business :
Ministry mulling threshold for homebuyers to trigger insolvency
In a move to limit the abuse of the Insolvency and Bankruptcy Code (IBC), the Corporate Affairs Ministry is mulling the setting of a threshold for homebuyers for starting insolvency proceedings against real estate developers, Corporate Affair Secreta ...
Business :
NCLAT allows promoters to regain control of firms at liquidation stage
Opening up a new window for promoters looking to retain control of their companies facing bankruptcy proceedings, the National Company Law Appellate Tribunal (NCLAT) has held that shareholders and owners can reach a settlement with the creditors when ...
Business :
PNB's Q4 losses due to provisioning: Chairman
After slipping into a Rs 4,750 crore loss in the fourth quarter ended March, state-run Punjab National Bank (PNB) hopes to once again become profitable in the current quarter, PNB Chairman Sunil Mehta said on Tuesday. ...
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