Business  /  Published 02.09.22

Big names bid for NTPC Green

ArcelorMittal, Brookfield and Canada Pension Plan Investment Board are among over a dozen entities that have evinced interest in buying a stake in NTPC Green Energy, according to sources. NTPC Green ...
By PTI in New Delhi

Business  /  Published 27.08.22

AM/NS buys Essar assets

ArcelorMittal Nippon Steel (AM/NS) is acquiring certain port and power infrastructure assets from the Essar group for $2.4 billion, or Rs 19,000 crore, in one of India’s largest post-pandemic M&...
By Our Special Correspondent in Mumbai

Business  /  Published 26.08.22

Essar signs new deal

Essar Group on Friday announced a $2.4 billion (Rs 19,000 crore) deal to sell its ports business to Arcelor Mittal Nippon Steel Ltd. In a statement, Essar said it has signed definitive agreements wit...
By PTI in New Delhi

Business  /  Published 29.07.22

ArcelorMittal profit falls 2%

“The period was overshadowed by the outbreak of war in Ukraine, where we have steel and mining operations, bring­ing instability and suffering to the country and our 26,000 em­ployees,&r...
By PTI in New Delhi

Business  /  Published 23.03.22

Arcelor pact with Greenko

ArcelorMittal has taken a big bet in decarbonising its Indian business by investing in a mix of solar and wind power projects in Andhra Pradesh. The company will invest $0.6 billion, or Rs 4,500 cror...
By Our Special Correspondent in Calcutta


Opinion  /  Published 19.02.22

A masterly book on the Moghuls

Footnote I ask all Indians who have been to Fitzwilliam College, Cambridge: “Did you know Subhas Bose was at your college?” Sir Shankar Balasubramanian, a chemistry professor at Cambridge...
By Amit Roy

Business  /  Published 11.02.22

AMNS India numbers stand out

India has emerged as the most profitable operations among all the joint ventures/ associates of ArcelorMittal (AM), contributing highest EBIDTA for the parent in 2021. The company described its equit...
By Our Special Correspondent in Calcutta

Business  /  Published 21.01.22

NCLAT order favours ArcelorMittal

A bench of National Company Law Appellate Tribunal has upheld the sale of Orissa Slurry Pipeline Infrastructure Ltd to ArcelorMittal India Pvt Ltd, dismissing appeals filed by entities linked to Srei ...
By Our Special Correspondent in Calcutta

Business  /  Published 19.12.21

Odisha clears Arcelor plan

⚫ Plan is to set up a 24 million tonnes per annum integrated steel plant at Mahakalpara block of Kendrapara district at an investment of Rs 1,02,275 crore. ⚫ With this project, Odisha has garnere...
By Subhashish Mohanty in Bhubaneswar

Business  /  Published 29.11.21

AMNS maps out expansion plan

AMNS India, the joint venture between ArcelorMittal and Nippon Steel, is on the cusp of a major breakout. The company, which owns and operates the erstwhile Essar Steel plant, is taking up a Rs 12,000...
By Sambit Saha


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