NCLAT hears ArcelorMittal plea on eligibility for Essar Steel

NCLAT hears ArcelorMittal plea on eligibility for Essar Steel

Mint reported that ArcelorMittal India Ltd. was eligible to submit a bid for Essar Steel on the date of application as the company was till then no longer associated with Uttam Galva Steels Ltd, said lawyer Abhishek Manu Singhvi, appearing for ArcelorMittal on Monday.

Essar to invest Rs 900 crore in Raniganj CBM block

Essar to invest Rs 900 crore in Raniganj CBM block

Ruia family-owned Essar Oil and Gas will invest Rs 900 crore in drilling 150 more wells on its Raniganj CBM block in West Bengal to more than double gas output to 2.3 million standard cubic metres per day by 2021, its Managing Director and CEO Vilas Tawde said.

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