ArcelorMittal
Infrastructure
Flashback 2019: Big PE deals mark otherwise rough year for infrastructure sector
After a lacklustre 2018, the Indian infrastructure sector would have hoped for a turnaround in its fortunes this year. But ......
Manufacturing
ArcelorMittal sells shipping stake in drive to cut debt
ArcelorMittal, the world's largest steelmaker, has agreed to sell a 50% stake in its shipping business, the first step in...
Finance
First Cut: How dealmaking shaped up in India in 2019
A lack of big-ticket mergers and acquisitions took its toll on Indian deal street with the overall transaction value skidding...
Manufacturing
ArcelorMittal forms JV with Nippon Steel to run Essar Steel
ArcelorMittal SA said on Monday it had formed a joint venture with Nippon Steel Corp to run Essar Steel, the ......
Finance
Cabinet clears changes in bankruptcy law to protect new owners
The Union Cabinet approved on Wednesday a number of changes in the Insolvency and Bankruptcy Code to protect new owners ......
Manufacturing
Tata Steel plans to cut up to 3,000 European jobs
Tata Steel plans to cut up to 3,000 jobs across its European operations, the company said on Monday, as the ......
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the decks for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
Manufacturing
Indian steelmakers face debt challenges after snapping up stressed assets
India's biggest steelmakers may be suffering from buyer's remorse as assets they bought from bankrupt rivals stretch their...
Manufacturing
Steel tycoon Lakshmi Mittal's brother Pramod detained in Bosnia
Indian businessman Pramod Mittal has been detained by police at a company in northern Bosnia on suspicion of organised crime ......
Manufacturing
Supreme Court orders status quo on Essar Steel's sale to ArcelorMIttal
The Supreme Court on Monday put on hold the sale of debt-laden Essar Steel to ArcelorMittal for Rs 42,000 crore. A ......
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