SAT quashes Sebi penalty for disclosure lapses in ArcelorMittal Nippon Steel case Bankruptcy proceedings were initiated against debt-laden Essar Steel in August 2017. July 7, 2022 1:13 pm
AMNS India announces Rs 1,000 crore additional investment in AP to expand Vizag pellet plant capacity “ArcelorMittal Nippon Steel India has confirmed a proposed investment of Rs 1,000 crore towards brownfield expansion of its Vizag pellet… May 25, 2022 11:05 am
AMNS India earnings rise 17% to $470 million The company had entered into the Indian steel market by acquiring the erstwhile Essar Steel through the insolvency route in… May 6, 2022 8:42 am
ArcelorMittal Q1 net income jumps over 80 pc to USD 4,125 mn “ArcelorMittal recorded net income for 1Q 2022 of USD 4,125 million as compared to…a net income of USD 2,285 million… Updated: May 5, 2022 2:25 pm
Tata Steel, ArcelorMittal-Nippon Steel India unlikely to bid for NMDC unit NMDC may end up spending around Rs 22,000 crore, higher by Rs 6,500 crore than originally estimated, for the plant… April 26, 2022 4:00 am
ArcelorMittal ties up with Greenko Group to develop 975-MW project This will result in over 20% of the electricity requirement at AM/NS India’s Hazira plant coming from renewable sources, reducing… March 23, 2022 1:16 am
Invoking personal guarantee: Lenders fret over DRT ruling The DRT order was on the grounds that secured creditors cannot trigger personal guarantees in the absence of any subsisting… March 16, 2022 8:14 am
Debt Recovery Tribunal rejects SBI’s plea to invoke personal guarantee given by Essar Steel promoters ArcelorMittal and Nippon Steel had acquired ESIL in December 2017 for Rs 42,000 crore in one of the largest stressed-asset… March 16, 2022 6:30 am
ArcelorMittal Nippon Steel India inks MoUs worth Rs 1.66 lakh crore with Gujarat govt The state government said through these projects, more than 1.80 lakh new employment opportunities will be created in Gujarat in… January 28, 2022 1:30 am
Covid-19: Trains to transport oxygen, industrial plants divert supply as active cases cross 18 lakh in India As a record single-day rise of 2,61,500 coronavirus infections took India’s total tally of COVID-19 cases to 1,47,88,109, authorities in… April 18, 2021 10:24 pm
Safety unawareness main hurdle in growth of PPE business: Ajay Kumar Mall, MD, Mallcom Till 2008, we were a 100% exporting company but now 32% of our turnover comes from the domestic market. But… March 16, 2021 2:15 am
ArecelorMittal के नए सीईओ होंगे आदित्य, लक्ष्मी मित्तल कंपनी में संभालेंगे अब यह जिम्मेदारी ArcelorMittal के चीफ एग्जेक्यूटिव ऑफिसर (CEO) के तौर पर आदित्य मित्तल को चुना गया है. Updated: February 11, 2021 8:22 pm
IMG to review ArcelorMittal-SAIL JV progress this month The move is considered to be a big one for ArcelorMittal, which is trying to enter India after failing for… May 24, 2016 4:38 pm
ArcelorMittal slightly more upbeat about steel market ArcelorMittal, the world’s largest steelmaker, said on Friday it was slightly more positive about the steel market, helped by a… May 6, 2016 2:25 pm
ArcelorMittal’s losses at $8 billion; to raise $3 billion, cut debt Billionaire Lakshmi Mittal-led ArcelorMittal today said it will raise USD 3 billion from investors and sell USD 1 billion stake… February 5, 2016 9:36 pm
After 6 yrs on top, Lakshmi Mittal drops out of South Africa’s rich list Lakshmi Mittal’s wealth dropped substantially with the ArcelorMittal SA share price having plummeted in the past two years amid the… December 18, 2015 5:11 pm
ArcelorMittal South Africa to close mills, review largest plant ArcelorMittal South Africa is planning to shut two mills and is reviewing operations at its largest plant, it said on… August 31, 2015 10:40 pm
ArcelorMittal South Africa says ready to cap profits if cheap imports taxed ArcelorMittal South Africa is willing to cap its profit margin if the government imposes duties of up to 10 percent… August 20, 2015 3:03 pm
Arcelor Mittal’s Rs 30,000 cr steel plant in limbo The world’s largest steelmaker Arcelor Mittal’s proposed Rs 30,000-crore steel project in Karnataka seems to be in limbo. Updated: August 4, 2015 9:08 am
Land issues a barrier for global steel giants in India: Report India has barriers like land issues, which prevented global giants like ArcelorMittal and POSCO to take off their projects, a… July 29, 2015 6:37 am
10 Photos 75th Year of Independence Day of India: Beautiful pictures of ‘Tiranga Yatra’ from across nation 21 hours agoAugust 10, 2022
6 Photos Govt’s flagship credit scheme ECLGS sees 75% drop in MSME takers in FY22 | In pictures 3 days agoAugust 8, 2022
10 Photos Medal rush at Commonwealth Games! India shines as we are now among top 5 countries as per medal tally – PHOTOS 3 days agoAugust 8, 2022
