Lakshmi Mittal
Manufacturing
ArcelorMittal gets creditors' nod for distressed Uttam Galva Steel
ArcelorMittal, one of the world’s largest steelmakers, resolution plan has received approval from the creditors of Uttam Galva Steels Ltd ......
Manufacturing
ArcelorMittal Nippon Steel India plans plant
ArcelorMittal Nippon Steel India Ltd signed an agreement on Thursday with the eastern Indian state of Odisha to build a ......
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 diligence for buying a controlling stake in ......
Manufacturing
Supreme Court clears decks for ArcelorMittal to buy Essar Steel
The Supreme Court has cleared the way for global steel giant ArcelorMittal SA’s Rs 42,000 crore ($5.85 billion) acquisition of ......
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
NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover
An Indian court rejected on Thursday a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in ......
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 investors for resolution ......
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 ArcelorMittal’s bid for the bankrupt local ......
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 Tribunal (NCLT) has admitted ......
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 in Romania, three sources told ......
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