Lakshmi Mittal takes stock of Essar Steel plant on first visit to Hazira
Turnaround plan includes an Rs 8,000-cr investment in improving ops, pushing up annual shipments. Nippon Steel president Eiji Hashimoto said the two partners wanted to make the company the best in India. ArcelorMittal executives said the plant being port-based would give an advantage in transporting raw materials and finished products.
Essar Steel: Mittals seek immunity from probes
Worries stem from BPSL case, where ED attached assets of the company after it was taken over b...
D-Mart's Radhakishan Damani now India’s fifth richest, pips Lakshmi Mittal
Damani's total net worth stood at $13.30 bn on Feb 14, higher than...
Tata Steel unveils cost-cutting plans for Europe business, including 3,000 job cuts
A top Tata Steel official had earlier said that the steel major was looking to make European business stronger for which it would continue to explore various business options. The comments had come after its plans to merge European business with German steel giant Thyssenkrupp had fallen through. The company is now planning job cuts in Europe amid challenging market conditions.
NCLAT's Essar Steel ruling set aside: Everything you need to know
The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden E...
Mukesh Ambani, Premji, Kotak, Mittal's wealth hit by market crash; but Damani is still smiling
The nearly $19 billion fall in net worth for Mukesh Ambani was the fifth worst globally.
India added 3 billionaires a month in 2019; Mukesh Ambani richest Indian
In total, India got 34 new billionaires to take the count to 138 on the list.
Lakshmi Mittal helps younger brother Pramod settle STC dues
The Steel magnate paid Rs 2,210 cr to State Trading Corporation to bail out brother Pramod Kumar Mittal.
Homecoming costs Lakshmi Mittal $7 billion in year of legal drama
Mittal’s steel company is finally nearing the end of a yearlong battle to break into India.
Corporate wrap: Suriya plays GR Gopinath in biopic; Mittal's dinner with lawyers a witty affair; Nobel niggles in Mumbai
Esther Duflo and Abhijit Banerjee at Taj, Cristiano Amon visiting India & more.
Courts, banks must fast-track Essar resolution: Sajjan Jindal, Chairman, JSW Group
Jindal feels the near-$10 billion cheque that ArcelorMittal may be writing for Essar Steel may not be viable.
ArcelorMittal to pay Rs 42,000 cr for Essar Steel takeover
The NCLAT would continue to hear the Essar Steel insolvency case on May 21.
Tata Steel will continue to explore various business options in Europe: T V Narendran
The company's aim is to make European business stronger for which it will continue to explore various business options including merger, Tata Steel Managing Director T V Narendran said.
Essar Steel shareholder seeks ArcelorMittal's disqualification over ties with loan defaulting firms
A shareholder has moved NCLAT against Mittal's bid over his ties with loan defaulting cos run by his brothers.
Lakshmi Mittal's South African subsidiary facing serious environmental contravention charges
AMSA had been given more than a decade to bring about the required changes for legal compliance.
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