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Lakshmi Mittal

ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel

Manufacturing

ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel

ArcelorMittal, one of the world’s largest steelmakers, resolution plan has received approval from ...

ArcelorMittal Nippon Steel India plans plant

Manufacturing

ArcelorMittal Nippon Steel India plans plant

ArcelorMittal Nippon Steel India Ltd signed an agreement on Thursday with the eastern Indian state ...

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

General

Grapevine: Brookfield, others eye Mphasis; Lakshmi Mittal, others circle Uttam Galva

Private equity firms Brookfield, Bain Capital, Carlyle, and UK-based Permira have initiated due ...

Supreme Court clears decks for ArcelorMittal to buy Essar Steel

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...

Steel tycoon Lakshmi Mittal's brother Pramod detained in Bosnia

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 ...

NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover

Manufacturing

NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover

An Indian court on Thursday rejected a petition challenging ArcelorMittal SA's proposed takeover...

Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy

General

Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy

Large insolvency cases saw several twists and turns over the past week as lenders struggled to find ...

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

Manufacturing

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

Essar Steel India Ltd’s promoter Ruia family has once again challenged global steel giant ...

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

General

Stressed assets: Essar Steel lenders for fast solution; Binani Cement case put off

Indian banks are grappling with nearly $150 billion in bad loans and the National Company Law ...

JSW Steel plans bid for ArcelorMittal's Romanian plant

Manufacturing

JSW Steel plans bid for ArcelorMittal's Romanian plant

India’s biggest steelmaker JSW Steel is expected to make a bid for ArcelorMittal’s Galati plant ...