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Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources sayIndian conglomerates Reliance, Vedanta, and Adani are among ten companies expressing interest in developing rare-earth processing facilitie...
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...
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...
NCLT approves AM Mining India's resolution plan for Indian Steel CorporationArcelorMittal India's recently submitted resolution plan for Indian Steel Corporation (ISC) has been approved by the National Company Law T...
ArcelorMittal India-linked firm leads race to acquire Indian Steel CorpLenders to the steelmaker, admitted by tribunal last October, are hoping to receive at least about 40% of their dues.
NCLAT dismisses ArcelorMittal plea over EPC ConstructionArcelorMittal India, subsidiary of the global steel major, had challenged it before the NCLAT contending that the action of the CoC is viti...
NCLAT agrees to hear NuMetal, ArcelorMittal petition in Essar Steel caseThe NCLAT issued notices to a committee of Essar Steel creditors, the resolution professional running an auction of the company and the two...
- ArcelorMittal India to have greater say in Uttam Galva; stock down
ArcelorMittal India, the local arm of the world's largest steelmaker, will have a greater say in the operations of the Mumbai-based Uttam G...
- ArcelorMittal India to have greater say in Uttam Galva
ArcelorMittal will review a production plan being prepared by Uttam Galva's promoters with senior management executives to improve profitab...
Uttam Galva ropes in ArcelorMittal as co-promoterUttam Galva Steels brought in ArcelorMittal as co-promoter, to ensure raw material security and to gain from access to high steelmaking tec...