Searched for
TYCOON SANJEEV GUPTA
South Australia places Indian tycoon Gupta's Whyalla Steelworks in administrationSouth Australia has placed Sanjeev Gupta's Whyalla Steelworks into administration due to its worsening financial situation. The steelworks,...
As Sanjeev Gupta rose from trader to tycoon, several banks backed awayFour banks stopped working with Gupta’s commodity trading business, starting in 2016, after they became concerned about what they perceived...
Sanjeev Gupta's Liberty Steel to restart operations, in talks with British governmentGupta's conglomerate GFG Alliance said earlier this month it was in talks with administrators of Greensill over a standstill agreement. On ...
Thyssenkrupp ends talks with UK’s Liberty on steel unit saleLiberty Steel, led by commodities tycoon Sanjeev Gupta, last month submitted a firmed-up non-binding bid for Thyssenkrupp’s steel unit, Eur...
Liberty to begin due diligence of Thyssenkrupp's steel assets in EuropeIn October, the UK-based Liberty Steel had made a non-binding indicative offer to Thyssenkrupp to acquire the German steel major's assets i...
British metal magnate Sanjeev Gupta targets string of smaller steel buys in IndiaGupta has been on a buying spree in recent years, acquiring debt-laden steel and aluminum assets during the 2015 and 2016 commodity crisis....
Liberty House to buy 3 more EU plants from ArcelorBillionaire PIO steel tycoon Sanjeev Gupta has struck a deal to purchase three more European steel plants from ArcelorMittal.
Indian-origin steel tycoon named 21st Century Icon in UKThe accolade, which also highlighted Gupta's work in establishing the industry-friendly Wyelands Bank, was announced during the second annu...
British Indian steel tycoon Sanjeev Gupta reignites mothballed Tata furnace in UKThe N-Furnace at Liberty Speciality Steels in Rotherham, South Yorkshire, is an electric arc furnace which forms part of a multi-million-po...
Indian-origin steel tycoon Sanjeev Gupta revives mothballed Tata unit in UKThe move, which will see red hot strands of steel being produced at the unit once again, has the potential to create 150 new jobs over the ...
Indian-origin steel tycoon expands into financial servicesThe expansion follows Gupta's acquisition in December 2016 of Wyelands Bank Plc, which has been functioning as an "industry-friendly" depos...
Indian-origin tycoon Sanjeev Gupta to acquire ArcelorMittal's US unitThe proposed deal between Liberty House and NRI steel magnate Lakshmi N Mittal's US steelworks includes a 540,000- tonne a year electric ar...
Indian-origin tycoon Sanjeev Gupta to rescue UK's last aluminium smelterGupta's plans include creating an aluminium wheel manufacturing facility with 300 jobs directly and another 300 in the supply chain.
British Indian steel tycoon Sanjeev Gupta hires ex-Tata Steel officialMichael Horan will take charge as managing director of Liberty Performance Steels as Liberty House Group continues its ambitious growth pla...
Indian-origin steel tycoon Sanjeev Gupta on recruitment drive in UKGupta's Liberty House Group started recruitment for the newly reopened Dalzell and Clydebridge steel plants in Lanarkshire.
Indian-origin steel tycoon Sanjeev Gupta unveils UK super-plant plansThe firm intends to install 2 million tonnes of liquid steel-making capacity at Newport and almost double the existing rolling capacity at ...
Indian-origin tycoon, Sanjeev Gupta to restart steelworks bought from CaparoIndian-origin businessman Sanjeev Gupta's Liberty House today announced that it would be restarting from next month steelworks in south Wal...
Indian-origin steel tycoon Sanjeev Gupta says saving Tata jobs on his mindGupta admits the crisis in the industry is set to get worse before it gets better due to excess steel capacity around the world but remains...
British government pledges support for crisis-hit steel plantsBusiness Secretary Sajid Javid said that he did not think nationalisation was the solution but did not rule it out.
Indian-origin tycoon Sanjeev Gupta re-starts mothballed UK steel plantThe firm acquired the Newport facility in 2013 and retained the 150 staff over the intervening period in order to be ready to restart when ...