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ARCELLOR MITTAL
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...- SC rejects petition by Essar Steel’s operational creditorsThe view taken by NCLT on the Ruia bid will be crucial in the final decision of the court.
- Ruia, Essar Steel directors move NCLT to squash Mittal's bidThe NCLT bench comprising Manorama Kumari and Harihar Prakash Chaturvedi said it will decide Tuesday whether the petition will be admitted ...
- NCLAT wrongly allowed ArcelorMittal to pay dues after bidding for Essar Steel: NuMetal to Supreme CourtThe Appeal is on limited grounds as the NCLAT has committed "a fundamental error" in interpreting the provisions of the Code and allowed ti...
- Numetal ready to buy out Rewant Ruia; claims their bid for Essar Steel fully legitNumetal and ArcelorMittal are the only two bidders for the 10-million tonne Essar Steel assets at Hazira, which owe the banks more than Rs ...
- No Maoist problem in Jharkhand, says CM Raghubar DasThe chief minister claimed that some criminals were using the name of Maoists to carry out their activities and the BJP government will dea...
- Is Telestra's Arun Bhatia looking to exit AirAsia India?Aviation insiders claimed that Bhatia was in talks with SpiceJet co-founder Ajay Singh earlier this year, before the latter bought back Spi...
- Uttam Galva to invest Rs 500 crore to increase efficiency; Arcellor Mittal to help company improve operating margins
- Orissa to have Rs 90,000-Cr coal-to-liquid projectsThese two CTL plants, at an estimated cost of Rs 90,000 crore, are expected to come up by 2016 are first of its kind in the country.
- SAIL inks pact with Afripalm for $ 2.94 bn plant in SA: ReportSAIL has signed an agreement with Afripalm Resources to set up a steel plant in South Africa at an investment of $ 2.94 bn, media reported.
- Coal India shortlists 10 partiesCoal India has shortlisted 10 parties for participating in tenders for extracting coal from abandoned mines. About 12 entities had shown in...
- ArcellorMittal hopes to take possession of land by year-endArcelorMittal said it has garnered local support from Orissa's Keonjhar district for proposed 12 MTPA steel plant.
- Tribals fear displacement by ArcelorMittalAfter South Korean steel major POSCO's proposed greenfield project in Orissa, the one by the world's biggest steelmaker ArcellorMittal in J...
- ArcelorMittal bullish about investment in IndiaArcellorMittal, the world's largest steel maker, is bullish about India and is committed to invest nearly $25 bn in the country.
- Arcelor-Mittal team to visit HECAn Arcelor-Mittal team, including the steel major's technical officer Alan Bordet, is scheduled to visit the Heavy Engineering Corporation ...
- UK: India Inc's favourite destination for acquisitionIndian cos are taking over British businesses and creating jobs in Britain, while British companies are outsourcing low and high-end work t...
- SAIL may bid for foreign firms: PaswanThe Centre is mulling a proposal to relax the existing rules to help facilitate public sector giant Steel Authority Of India Limited.
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