UK watchdog gives King & King severe reprimand for failing ‘to identify clear self-interest’ when conducting audits ...
The report that landed on the desks of Credit Suisse executives was a bombshell: Sanjeev Gupta, a global steel tycoon and one of the bank’s key borrowers, was a “clear participant” in a multi-billion ...
A restructuring deal between Sanjeev Gupta’s GFG Alliance and Credit Suisse has been thrown into doubt, after the steel group failed to make a payment on time. GFG missed the date for the upfront ...
Sanjeev Gupta has taken control of assets owned by his father as he reorganizes his sprawling metals empire. Ownership of the Simec Group will be transferred to his son from Parduman Gupta as he ...
Greensill Capital filed for insolvency this week and its biggest client, steel magnate Sanjeev Gupta’s GFG Alliance, is scrambling to avoid a similar fate. A relationship that benefited both firms has ...
In early 2019, industrialist Sanjeev Gupta was trying to secure his biggest prize yet: a deal to buy a string of steel plants across Europe from ArcelorMittal SA. There was just one problem: he was ...
In the years when he traveled the world snapping up threadbare metal plants with money from insolvent supply-chain finance firm Greensill Capital, Sanjeev Gupta sold an enticing vision. The rich world ...
British industrialist Sanjeev Gupta’s companies seemed to be prospering until his main lender, Greensill Capital, imploded last month. But long before Greensill collapsed, several banks had cut off ...
GFG Alliance’s steel units in France and Belgium started creditor protection procedures, adding to the list of businesses owned by Sanjeev Gupta seeking court help to see them through the collapse of ...
The board fight between industrialist Sanjeev Gupta and U.S. private equity group American Industrial Partners is heating up. The executive, who was ousted from a Belgian aluminum plant unit earlier ...
Tata Steel Ltd. sued three of Sanjeev Gupta’s metal units for 7.9 million pounds ($11 million) over missed payments, piling more woes onto the embattled tycoon’s corporate empire. The London lawsuit ...