ArcelorMittal shelves investment plans on tough eco conditionThe steel giant last month proposed new $ 6.5 bn steel project in Karnataka and said that it may set up a solar farm on land alloted for th...
Gestamp invests Rs 260 crore in hot stamping plant in Pune to meet future light weighting needs of car makersWith new crash norms to be implemented later in the year, majority of vehicle makers in the country are upgrading their vehicles to new sta...
CCI clears Micromax-Madison India deal, 3 others get go-aheadIn a tweet, the watchdog said it has approved "acquisition of equity stake in Micromax Informatics Limited by Madison India Opportunities T...
ArcelorMittal raises $3 billion via rights issueArcelorMittal said it has successfully completed a $3 billion rights issue, proceeds of which will be utilised to pare debt.
ArcelorMittal's $3 bn rights issue likely to open on March 14ArcelorMittal's $3 billion rights issue is expected to open on March 14 as the steel giant tries to reduce debt after its losses widened se...
Low iron ore, steel prices to continue in 2016: ArcelorMittalThe firm said steel and iron ore prices have been under pressure in recent periods and particularly in 2015, with both reaching "historical...
ArcelorMittal's losses at $8 bn; to raise $3 bn, cut debtArcelorMittal today said it will raise $3 billion from investors and sell $1 billion stake in Spanish auto-part maker Gestamp, to reduce de...
ArcelorMittal hosts automotive focused investor eventArcelorMittal is hosting an investor event in London on Wednesday to focus on the company’s global automotive steel franchise.
Mahindra & Mahindra to spin off M&A team into a profit centre to grab i-bank shareSome time in November last year, Anand Mahindra, the chairman and managing director of the Mahindra & Mahindra Group, packed his bags for a...