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METALS TYCOON
Elon Musk faces off with OpenAI in court over broken promisesElon Musk is in court with OpenAI. He claims the AI company betrayed its original non-profit mission. Musk, a former backer, now competes w...- Hindalco to invest Rs 45,000 crore in India's metal business: Kumar Mangalam BirlaKumar Mangalam Birla, chairman of Aditya Birla Group, announced a major investment of Rs 45,000 crore in Hindalco's aluminium, copper, and ...
- JPMorgan owned the LME 'nickel' that was actually bags of stonesJPMorgan was the owner of the nine invalidated contracts, according to people familiar with the matter. The bank registered the bags of mat...
- Former diamantaire Nirav Modi’s gems go on sale to pay off $1.5 billionThe auction will take place on March 25, said Santanu T. Ray from AAA Insolvency, the court-appointed liquidator to handle the bankruptcy p...
- India asks Amazon to remove seatbelt alarm blockers in road safety pushThough the sale of the metal clips is not illegal, such devices and broader road safety issues have come under closer scrutiny after Indian...
- Rising interest rates making it difficult for Anil Agarwal to take control of VedantaThe stakes are high for Agarwal, whose personal holding company has amassed about $7 billion of debt and faces a far less receptive bond ma...
- 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...
- India metals tycoon Anil Agarwal seeks $5 billion for turnaround fundAgarwal is targeting $1 billion or more in an initial round of fundraising for the proposed India Direct Investment fund, according to peop...
- 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....
- Anil Agarwal's Twin Star Tech not to bid for RCom assetsAnil Agarwal-promoted Twin Star Technologies pulled out as a bidder for telecom assets of debt-ridden RCom.
- Govt has no business to be in business, divest mining firms NMDC, HZL: Anil Agarwal to PMAggarwal said privatisation without job loss can help boost the economy by raising domestic output.
- PM should focus on underground resources, give Rs 2 lakh loan to Aadhaar holders: Anil AgarwalIndia, Agarwal says, is in 'satyug' under the Modi government where coteries have been demolished and only performance recognised.
- Indian-origin steel tycoon purchases ArcelorMittal's US steelworksThe sale marks the first in a series of strategic North American acquisitions and new projects targeted by Gupta-led GFG Alliance.
- Anil Agarwal plans Rs 10,000 crore investment in JharkhandThe state is hosting a mining meet this week and the oil-to metals tycoon, who was invited by the CM, was expected to attend it.
- India-born Reuben brothers top UK rich list, Hindujas at number twoSrichand and Gopichand Hinduja, who head the Hinduja Group, hold on to their second rank from last year with an unchanged fortune.
- Chinese tycoon Liu Dejian builds replica of Star Trek ship as company headquartersA sci-fi obsessed Chinese business tycoon has spend a whopping 100 million pounds to make his company headquarters look like the Star Trek ...
- Vedanta marks 10th year on London Stock ExchangeIndian metal tycoon Anil Agarwal today marked the 10th anniversary of Vedanta Resources' listing on the London Stock Exchange (LSE) .
- Hind Zinc net soars 125% to Rs 1,239 crHindustan Zinc, that had bid for zinc assets of global major Anglo American last week, on Wednesday, said its fiscal fourth quarter net pro...
- Rogue trader loses Russian bank millions: reportA Russian rogue trader lost his investment bank up to 50 million dollars (36.7 million euros) in risky trades that went wrong in the financ...
- Lakshmi Mittal loses 16.6 bn pounds in global meltdownMittal has lost 16.6 billion pounds in the global credit crunch owing to plummeting stock markets in the last four months. Investing in vol...
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