Business  /  Published 05.03.21

Rs 50,000cr: a plan for Odisha

Company chairman Lakshmi Niwas Mittal met chief minister Naveen Patnaik on Thursday in Bhubaneswar where a memorandum of understanding was signed ...
By Sambit Saha, Subhasish Mohanty in Calcutta

Business  /  Published 13.02.21

Arcelor to shed jobs

The global steel giant announced a USD 1 billion fixed cost-reduction programme...
By PTI in London, New Delhi

Business  /  Published 12.02.21

Aditya to lead ArcelorMittal

Prior to this position, he was the chief financial officer and the president of the company, while his father Lakshmi Niwas Mittal was the CEO and the chairman...
By Our Special Correspondent in Calcutta

Business  /  Published 30.12.20

SAIL seeks allies for auto grade steel

The move follows the collapse of tentative discussions with Laxmi Mittal’s ArcelorMittal for a joint venture...
By Our Bureau in New Delhi

Business  /  Published 17.12.20

Mittal Jr aims higher

AM/NS India posted its best ever monthly production, 6.2 lakh tonne, at Hazira in November...
By Sambit Saha in Calcutta


Business  /  Published 11.12.20

Arcelor Nippon to double capacity

Expansion at Hazira and look for opportunities elsewhere as their maiden venture in the country completes a year in operation...
By Our Special Correspondent in Calcutta

Business  /  Published 07.12.20

Mittal wins reprieve in payment to OSPIL

Ad-interim stay on the payment which had to be made by December 15, 2020, till the next hearing on January 22...
By Our Special Correspondent in Calcutta

Business  /  Published 12.11.20

Mittal loses pipeline case

Latest twist comes at the instance of Srei which moved NCLT Ahmedabad seeking clearance of unpaid dues to OSPIL...
By Sambit Saha in Calcutta

Business  /  Published 29.09.20

Arcelor to sell US assets for $1.4bn

The deal with Cleveland-Cliffs will make it the largest flat-rolled steel producer in North America...
By Reuters in Bangalore, Brussels

Business  /  Published 27.07.20

Arcelor suit to get Hazira port licence

Within days of acquiring Essar Steel under an insolvency process, the company made an application with the Gujarat Maritime Board requesting that the licence be transferred to them...
By PTI in Ahmedabad


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