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PRAMOD 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...- Setback for Lakshmi Mittal's bankrupt brother Pramod Mittal as his deal with creditors revoked by London courtPramod Mittal was declared bankrupt in June 2020 over an approximately $170 million debt owed to Moorgate Industries UK Limited, previously...
- Pramod Mittal is in the soup, once again: Pandora Paper LeaksIn 2012, his firms Global Steel Holdings Ltd (GSHI) and Global Steel Philippines Inc had defaulted on payments of around $348 million-plus ...
- Pramod Mittal’s bankruptcy case in UK gets extendedBillionaire steel magnate Lakshmi Mittal’s younger brother Pramod Mittal was due to be automatically freed from bankruptcy in Britain. But ...
- 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...
- Lakshmi Mittal helps younger brother Pramod settle STC duesThe Steel magnate paid Rs 2,210 cr to State Trading Corporation to bail out brother Pramod Kumar Mittal.
- Pramod Mittal repays Rs 2,210 crore dues to STCWith this, GHSL has made the full and final settlement of its long pending dues in its decade-old feud with the state-owned trading house.
- Will pay Rs 800 crore more to STC by November-end: NRI Pramod Mittal tells SCSTC has been locked in a bitter legal battle with Global Steel Holding Ltd. (GSH), the parent company headed by Mittal, since 2005 over the...
- ArcelorMittal hits fresh hurdle over GPI duesSection 29(A) was introduced to prevent promoters from regaining control of companies that they had led to bankruptcy.
- Younger brothers of Lakshmi Mittal, Pramod and Vinod, going their own waysIn Dec 2010, the two younger brothers ended their own foray into steel making. Weighed down by debt, the Mittals sold a majority stake in I...
- Pramod Mittal eyes stake in North Korea's Musan minesThe younger sibling of LN Mittal is negotiating with North Korea for stake in the country’s Musan Iron Ore mines.
- Essar eyes Pramod Mittal's Bulgarian steel co KremikovtziThe Ruias-controlled Essar Steel has set sights on Kremikovtzi, the Bulgarian steel mill owned by Pramod Mittal, the younger brother of Arc...
- Essar eyes Pramod Mittal’s Bulgarian steel co KremikovtziThe Ruias-controlled Essar Steel has set sights on Kremikovtzi, the Bulgarian steel mill owned by Pramod Mittal, the younger brother of Arc...
- Mittal intensifies efforts to acquire kin's Bulgarian plantSteel tycoon Lakshmi Niwas Mittal has intensified efforts to acquire his younger brother Pramod Mittal's ailing Kremikovtzi steel plant in ...
- ArcelorMittal meets Bulgaria minister for buying Pramod's firmRepresentatives of ArcelorMittal on Wednesday held talks with Bulgaria's Economy and Energy Minister regarding its interest in acquiring th...
- Lakshmi Mittal eyes Bulgarian steelmaker KremikovtziIndian steel tycoon Lakshmi Mittal is looking to buy Kremikovtzi, the troubled Bulgarian steel maker belonging to his youngest brother and ...
- LNM offers Rs 630 crore for KremikovtziCommercial consideration, it’s known, always rules over relationship in business. The latest example is the Pramod Mittal-owned Bulgarian s...
- Pramod Mittal in talks to sell Bulgarian mill KremikovtziPramod Mittal, younger brother of Lakshmi Mittal, is in talks to sell Bulgarian steel mill Kremikovtzi to Ukraine’s Konstantin Zhevago.
- Mittals steal the attention againPramod’s Global Steel Holdings, a holding company for Ispat Industries, has agreed on a supply agreement with Mittal Steel.
- 'Tremors won't be felt here'The deal between two of the world’s largest steel companies could lead to similar consolidation efforts globally, while also boosting the v...
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