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SBI Chairman, Apple India MD among 29 members appointed to Board of TradeThe government has appointed 29 non-official members to the Board of Trade. This includes prominent figures like SBI Chairman CS Setty and ...
ArcelorMittal Nippon Steel India gets first PM-SETU nod; Andhra Pradesh leads industry-driven ITI overhaulArcelorMittal Nippon Steel India secured the first Strategic Investment Plan approval under the Pradhan Mantri Skilling and Employability T...
Steel giants step on capex pedalJSW, Tata, SAIL, JSPL are set to hike capex up to 65%; spending surge defies West Asia cost pressures.
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...
India's steel ministry flags met coke shortage, seeks withdrawal of anti-dumping dutyIndia's Steel Ministry wants finance ministry to remove import duties on met coke. Domestic supplies are low and prices are high. Steel man...
MSMEs key to creating 20 lakh jobs in Andhra: Minister Nara LokeshThe government is promoting decentralized development through clusters and simplifying business processes. Plans are underway to list 100 A...
Aditya Birla group, KKR left in race for Sprng EnergyAditya Birla Group and KKR are vying to buy Shell's renewable energy firm Sprng Energy. Binding financial bids are in, and Shell will negot...
Adani, Arcelor among firms setting up treasury operations in GIFT City, sources sayMajor firms like Adani, Bharti Airtel, Genpact, and ZF Friedrichshafen are setting up treasury operations in India's GIFT City. This tax-ne...
Rajasthan Royals sold for $1.65B to Mittal-Poonawalla consortiumA consortium led by the Mittal family and including Adar Poonawalla will acquire Rajasthan Royals for $1.65 billion. The Mittal family will...
Rajasthan Royals' $1.63 billion buyout delayed on funding, legal hurdlesThe proposed $1.63 billion buyout of IPL franchise Rajasthan Royals has been delayed due to funding challenges, regulatory concerns and com...
Industrial AI startup Intellithink raises Rs 17 crore in round led by Pentathlon VenturesAnicut Capital and Veltis Capital participated in the round. The Bengaluru-based industrial AI startup serves over 50 enterprises, includin...
AM/NS India finance chief Amit Harlalka to replace retiring CEO Dilip OommenDilip Oommen, CEO of AM/NS India, will retire at the end of June. Amit Harlalka, the current chief financial officer, will take over as CEO...
ArcelorMittal Nippon Steel chief Dilip Oommen to retire; Amit Harlalka promoted to CEOArcelorMittal Nippon Steel India announces CEO Dilip Oommen's retirement on June 30. Oommen will continue as a board member and Vice-Chairm...
ArcelorMittal Q1 Results: Net income jumps over 80% to $4,125 million"Our first quarter performance was overshadowed by the war in Ukraine. Our focus has been on providing support to our 26,000 colleagues and...
ArcelorMittal gets EC nod to sell European steel assets to Liberty HouseArcelorMittal is the world's leading steel and mining company, with a presence in 60 countries and an industrial footprint in 17 countries.
ArcelorMittal to NCLAT; The company was eligible to bid for Essar SteelArguing before the National Company Law Appellate Tribunal (NCLAT) on behalf of ArcelorMittal, senior advocate Harish Salve submitted that ...
ArcelorMittal says may pay off dues of Uttam Galva as a 'goodwill gesture'The Committee of Creditors (CoC) had yesterday met representatives of ArcelorMittal and Numetal which are in the race to acquire the stress...
ArcelorMittal & IMETAL agree to restructure shareholdingsThe two cos have reached an agreement to restructure the shareholding of ArcelorMittal Algeria, ArcelorMittal Pipes and Tubes Algeria and A...
- ArcelorMittal announces sale of Skyline Steel, Astralloy to Nucor Corporation for $605 million
The transaction includes 100% of ArcelorMittal’s stake in Skyline Steel’s operations in the NAFTA countries and the Caribbean.
- ArcelorMittal, Nunavut deal ends Baffinland war
ArcelorMittal and Nunavut Iron Ore have agreed a joint offer for Canadian mining company Baffinland, ending a two-month bidding war, Arcelo...