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NIGERIAN STEEL COMPANY
From uncle's loan in 1977 to $36.8 billion today: The story of a quiet African titan reshaping global energy from LagosAliko Dangote is widely regarded as Africa’s richest businessman and one of the most influential industrialists in the world. His journey b...- How billionaire Mittal’s distressed brother got a $500 million bailout far away from IndiaPramod Mittal, lesser-known in the steel industry compared to his brother Lakshmi, is navigating financial turmoil. Nigeria agreed to pay n...
- Pramod, Lakshmi Mittal's brother, declared bankrupt by London high courtDespite Lakshmi being the 10th richest person in India, worth $10.3 billion (Rs 75,889 crore), and ranked 91 among the world’s richest, Pra...
- India Inc's overseas investment halves to $1.15 bn yoy in DecemberDirect investment by Indian firms overseas more than halved from a year ago to $1.15 billion in December 2015, Reserve Bank data showed.
- ONGC-Mittal Energy Ltd gives up oil block in NigeriaONGC-Mittal Energy Ltd, the famed joint venture of ONGC and steel czar Lakshmi Mittal, has relinquished an oil block in Nigeria .
- ONGC-Lakhsmi Mittal JV give up Nigerian oil blockOMEL, the famed joint venture of ONGC and steel czar Lakhsmi Mittal, has relinquished an oil block in Nigeria and will give up the only oth...
- Expatriate employees in dire straits at Pramod K Mittal's Global Steel Holdings' Nigeria unitExpatriate employees at Pramod K Mittal's Nigerian steel company have been cut adrift without pay or living allowances.
- NHPC Ltd to partner Africa's Dangote Industries for Nigeria buysNHPC Ltd will partner West Africa's leading conglomerate Dangote Industries to acquire power generation assets in Nigeria.
- GAIL, Petronet eye stake in Nigerian LNG projectsGAIL India and Petronet LNG Ltd are eyeing stake in liquefied natural gas projects being built in Nigeria to secure supplies for burgeoning...
- ONGC-Mittal's Nigeria find may not be viableONGC-Mittal Energy Ltd has made a hydrocarbon discovery in Nigeria but the find may not be commercially viable, oil minister Murli Deora sa...
- Stocks to watch: MTNL, NTPC, Reliance Industries, SAIL, Tata Steel, Thermax, Jet AirwaysCrude oil prices were mixed in Asia on concerns of health of global economic recovery.
- ONGC Mittal Energy under scrutiny in NigeriaONGC and steel billionaire Lakshmi N Mittal combine's oil block in Nigeria has come under the scrutiny of African nation's Parliament for a...
- Tougher security needed for Nigeria's offshore oilOil firms operating off Nigeria need tougher security measures like floating blast-proof barriers to prevent the sort of attack that crippl...
- Global Steel to pump in $450 mn in Nigerian co Delta SteelGLobal Steel Holdings, promoted by Pramod Mittal of Ispat Industries, is firming up plans to invest $450 million to double its capacity at ...
- Six Indians abducted over pay row in central NigeriaSix Indians working for a steel firm in central Nigeria's Kogi state have been abducted by protesting workers demanding pay increases.
- Mittal loses Nigeria refinery bidIndia-born billionaire Lakshmi Niwas Mittal, who wants to make it big in oil after forming the world's largest steel empire, has lost a bid...
- Ispat to invest Rs 1,000 cr in Nigerian armPK Mittal and VK Mittal-promoted Ispat Industries is planning to invest about Rs 1,000 crore in its Nigerian company Delta Steel.
- Local steel firms on a global shopping spree for ore, coalEven as global steel majors like Arcelor-Mittal and Posco are looking at India as a manufacturing base, domestic steel companies like SAIL,...
- Ashapura Minechem eyes African gold, barytes minesIndian companies’ hunt for mines in overseas markets continues despite setbacks and the innumerable challenges in operating in politically ...
- ONGC-Mittal to invest $6 bn in NigeriaNGC-Mittal combine will invest more than $6 bn in setting up a refinery, power plant and railway lines in Nigeria.
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